Initial data from the Formosa Satellite-7/Constellation Observing System for Meteorology Ionosphere and Climate (FORMOSAT-7/COSMIC-2, hereafter C2), a recently launched Equatorial constellation of six satellites carrying advanced radio occultation receivers, exhibit high signal-to-noise ratio, precision, and accuracy, and the ability to provide high-vertical-resolution information on temperature and water vapor in the challenging tropical atmosphere. After an initial calibration/validation phase, over 100,000 soundings of bending angles and refractivity that passed quality control in October 2019 are compared with independent data, including radiosondes, model forecasts, and analyses. The comparisons show that C2 data meet expectations of high accuracy, precision, and capability to detect super-refraction. When fully operational, the C2 satellites are expected to produce ~5,000 soundings per day, providing freely available observations that will enable improved forecasts of weather, including tropical cyclones, and weather, space weather, and climate research.