Swiss satellite maker SWISSto12 secures €73M ESA funding
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ESA Pours €73M into SWISSto12’s HummingSat Program
SWISSto12 closed €73M in non-dilutive funding from ESA under the agency’s Advanced Research in Telecommunications Systems (ARTES) program, the Swiss satellite manufacturer announced this week. Member states who committed the funding at ESA’s ministerial meeting in November include Switzerland, Germany, Austria, Sweden, Norway, and (associate member) Canada. The new capital—combined with a series of private investments secured in the latter half …
Swiss satellite maker SWISSto12 secures €73M ESA funding
Swiss satellite maker SWISSto12 announced on January 21, 2026, that it has secured €73 million (US$84.8 million) in financial backing from the European Space Agency (ESA) through the HummingSat Advanced Research in Telecommunications Systems (ARTES) Partnership Project (which has received financial pledges from ESA members Switzerland, Germany, Austria, Sweden and Norway, as well as Associate Member Canada). In the press release announcing this…
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