SWISSto12 Raises $70M to Keep Pace with Multi-Orbit Demand
The round follows $140 million in 2025 revenue and more than $500 million in contracted orders as demand grows across GEO and LEO programs.
- On Thursday, July 16, 2026, Swiss space startup SWISSto12 announced the close of a $70 million Series C funding round to scale its satellite manufacturing and integration capacity.
- Chief Financial and Strategy Officer Fredrik Gustavsson emphasized robust financial health, citing $140 million in 2025 revenue, over $500 million in customer contracts, and a 110% compound annual growth rate since 2022.
- Two core offerings drive the business: 3D-printed HummingLink multi-orbit payloads and the compact HummingSat geostationary satellite, with seven contracts secured from major operators including SES and Viasat.
- This raise follows the award of $84.8 million from European Space Agency Member States to the HummingSat ARTES partnership project, supporting development and in-orbit validation of the geostationary platform.
- CEO and founder Emile de Rijk noted the firm expects to remain EBITDA-positive this year, a rare milestone in the space sector as governments increasingly prioritize sovereign communications infrastructure.
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SWISSto12 Raises $70M to keep pace with multi-orbit demand
Swiss satellite and payload maker SWISSto12 has closed a $70 million (€61 million) Series C, funding it says will expand manufacturing as orders climb across commercial and government customers. The Series C lands after a stretch of steep revenue gains. SWISSto12 reported $140 million (€121 million) in 2025 revenue, and its cumulative contract value has…
RENENS, Switzerland--(BUSINESS WIRE)--July 17, 2026-
Rutland Herald
Joplin GlobeSWISSto12 Closes $70 Million Series C Funding Round to Meet Growing Demand for Multi-Orbit Solutions
RENENS, Switzerland--(BUSINESS WIRE)--Jul 17, 2026-
SWISSto12 raises $70M for sovereign space infrastructure
Most space-hardware startups raise money because they are burning it. SWISSto12 raised $70m while turning a profit, an unusual thing in the satellite business. The Swiss company closed the €61m round days after ESA member states put $84.8m into its HummingSat programme, it said. That is more than $150m of fresh capital in a month. […] This story continues at The Next Web
SWISSto12 raises $70M Series C to build small GEO satellites
Swiss space startup SWISSto12 closed a US$70 million (approximately €61 million) Series C funding round, the company announced on July 16, 2026. This is a significant amount for SWISSto12, which to date has raised just over US$100 million from several private investors. In January 2026, the Swiss firm also secured an additional US$73 million (US$84.8 million) through the European Space Agency (ESA) HummingSat Advanced Research in Telecommuni…
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