Key Takeaways
- SWISSto12 secured €73 million in funding from the European Space Agency.
- Funding will support industrial rollout plan.
- Company manufactures small geo-stationary satellites and lightweight radio-frequency systems.
SWISSto12, a Swiss satellite maker, has secured €73 million in funding from the European Space Agency (ESA) to support its industrial rollout plan. The company manufactures small geo-stationary satellites and lightweight radio-frequency systems using patented 3D technologies. With major satellite operators like Intelsat and ViaSat already ordering HummingSat satellites, SWISSto12 aims to supplement established constellations and attract new market entrants. The first launch of these satellites is expected in 2027.