JUMPSEAT
AEROSPACE NEWS

SWISSto12 Secures €73M from ESA for Satellite Development

Key Takeaways
  • SWISSto12 secures €73 million from the European Space Agency.
  • Total investment exceeds €100 million with private funding.
  • Funds support industrial roll-out plan for small geo-stationary satellites.
  • First HummingSat launch expected in 2027.
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Strategic Implications

This investment may indicate growing interest in compact geostationary satellites, which could disrupt the traditional GEO market. SWISSto12's focus on this niche suggests a potential shift in the satellite industry, as smaller, cheaper satellites may attract new market entrants and supplement existing constellations.

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What Happened

Swiss Satellite Maker Expands Production Capacity With New Funding

SWISSto12, a Swiss satellite manufacturer, has secured €73 million in funding from the European Space Agency (ESA) through the HummingSat Advanced Research in Telecommunications Systems (ARTES) Partnership Project. The company also raised additional capital from private investors, bringing the total investment to over €100 million. These funds will support the industrial roll-out plan for SWISSto12’s small geo-stationary satellites, which are designed to be smaller, lighter, and cheaper than traditional alternatives. Major satellite operators such as Intelsat and ViaSat have already ordered these satellites, with the first launch expected in 2027. This development was first reported by AeroTime.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

SWISSto12 Secures €73M from ESA for Satellite Development

Sponsored by: Jumpseat Solutions
Key Takeaways
  • SWISSto12 secures €73 million from the European Space Agency.
  • Total investment exceeds €100 million with private funding.
  • Funds support industrial roll-out plan for small geo-stationary satellites.
  • First HummingSat launch expected in 2027.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This investment may indicate growing interest in compact geostationary satellites, which could disrupt the traditional GEO market. SWISSto12's focus on this niche suggests a potential shift in the satellite industry, as smaller, cheaper satellites may attract new market entrants and supplement existing constellations.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Swiss Satellite Maker Expands Production Capacity With New Funding

SWISSto12, a Swiss satellite manufacturer, has secured €73 million in funding from the European Space Agency (ESA) through the HummingSat Advanced Research in Telecommunications Systems (ARTES) Partnership Project. The company also raised additional capital from private investors, bringing the total investment to over €100 million. These funds will support the industrial roll-out plan for SWISSto12’s small geo-stationary satellites, which are designed to be smaller, lighter, and cheaper than traditional alternatives. Major satellite operators such as Intelsat and ViaSat have already ordered these satellites, with the first launch expected in 2027. This development was first reported by AeroTime.

Source

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