Particle.news
Download on the App Store
4 ARTICLES
·
4w ago

SWISSto12 Raises $70 Million to Scale Small‑GEO Production

The capital will expand manufacturing and integration capacity to help fulfill a more than $500 million contract backlog and deliver seven HummingSat orders starting in 2027.

Swissto12’s HummingSat leverages 3D-printing technology, aiming to reduce the size, cost and production time of GEO satellites.
In Renens, Switzerland, a company called SWISSto12 is building geostationary satellites the size of an industrial washing machine and a fifth the mass of the multi-ton spacecraft they replace, and this week it raised $70 million on a bet that governments would rather own one outright than lease capacity on someone else’s constellation

Overview

  • SWISSto12, which announced the Series C on Thursday, July 16, said it raised $70 million to speed production of its HummingSat small geostationary satellites and HummingLink multi‑orbit payloads.
  • The company reported more than $500 million in signed contracts and seven HummingSat orders, with the first unit slated for completion in 2027 for operator SES.
  • SWISSto12 reached positive EBITDA in 2026 and recorded $140 million in revenue for 2025, a rare profitable profile for a space‑hardware startup.
  • The firm pairs private funding with an €84.8 million ESA ARTES award to validate HummingSat, relies on a patented 3D‑printed RF process with over 2,000 in‑orbit payloads, and did not disclose Series C investors or valuation.
  • The raise positions SWISSto12 to serve commercial and government demand for lower‑cost, regionally focused GEO capacity and could speed sovereign and multi‑orbit deployments if its first flight meets performance and schedule targets.