SWISSto12 Secures $70M for Satellite Payload Manufacturing Expansion
Swiss satellite company SWISSto12 has raised $70 million in Series C funding to scale its manufacturing capabilities and meet increasing demand for its satellite payloads and platforms.
SWISSto12, a Swiss firm specializing in satellite and payload manufacturing, has successfully closed a $70 million (€61 million) Series C funding round. The company states this capital infusion will be used to expand its manufacturing capacity to accommodate a growing volume of orders from both commercial and government clients.
The funding round follows a period of significant revenue growth for SWISSto12. The company reported $140 million (€121 million) in revenue for 2025 and has surpassed $500 million (€432 million) in cumulative contract value. This financial trajectory is projected to lead SWISSto12 into positive EBITDA by 2026.
In parallel, SWISSto12 has received support from the European Space Agency (ESA) through the HummingSat ARTES partnership. This collaboration involves the ESA backing the development and in-orbit validation of SWISSto12's HummingSat platform. The company's Chief Financial and Strategy Officer highlighted the robust financial position and agile business operations as key drivers for accelerated growth to meet the evolving demands of the space, satellite, and telecommunications markets.
This Series C funding is primarily aimed at increasing production capacity to fulfill an order book exceeding $500 million, enabling the company to deliver its HummingLink payloads and GEO HummingSat platform. SWISSto12 leverages additive manufacturing for cost and speed advantages, but the current funding round emphasizes scaling operations to address the simultaneous growth in satellite connectivity demand across Low Earth Orbit (LEO), Medium Earth Orbit (MEO), and Geostationary Orbit (GEO).
This significant funding round underscores the growing role of additive manufacturing in the space sector, particularly for producing lighter, faster-to-manufacture, and potentially lower-cost satellite components. SWISSto12's focus on scaling production highlights the industry's transition from R&D to mass production of 3D-printed space hardware, driven by increasing demand for multi-orbit satellite connectivity.
Edited by the news editor with AI from the original report — please refer to the original source.