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SWISSto12 closes $70 million Series C funding to support its growth in the multi-orbit sector, with significant backing from key investors.

PRIVATEJul 16, 202624 days ago

Amount Raised

$70 Million

Round Type

Series C

WashingtonManufacturingHardwareAerospaceSatellite Communication

Description

SWISSto12, a leader in the new space economy, has successfully closed a $70 million Series C funding round. This capital will aid in meeting the increasing demand for multi-orbit solutions. The funding comes on the heels of substantial support from the European Space Agency for the HummingSat project.

Company Information

Company

SWISSto12

Location

Washington, District Of Columbia, United States

About

SWISSto12 is a leading manufacturer of advanced satellite RF products, payloads and systems, including the HummingSat: a small yet powerful geostationary telecommunications satellite. The company benefits from unique and patented 3D-printing technologies and associated Radio Frequency (RF) product designs that deliver lightweight, compact, and highly performing RF functionality. In addition, SWISSto12 is also active in the telecommunications and aeronautic industry.

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