SWISSto12, a leading enabler of the new space economy, today announced the close of its $70 million (€61 million) Series C. This news follows the award of $8...

SWISSto12, a Swiss aerospace company, has raised $70 million in Series C funding to expand manufacturing capacity for its satellite payloads and platforms. The raise follows an $84.8 million award from European Space Agency Member States for the HummingSat ARTES partnership project. Founded in 2011, SWISSto12 develops satellite payloads and communication systems using patented 3D printing technologies. Its portfolio includes HummingSat, a geostationary satellite platform, and HummingLink, multi-orbit payload and antenna solutions. The company has secured seven HummingSat contracts with operators including SES and Viasat. More than 2,000 HummingLink solutions are currently deployed in orbit. SWISSto12 will use the funding to increase production capacity for both product lines as it scales to support growing commercial and government programmes.

SWISSto12 has signed a major contract with German consortium HPS/LSS to provide a large deployable reflector subsystem for the NEASTAR-1 mission, marking Europe's first unfurling antenna reflector for a commercial geostationary telecommunications satellite. The system will enable the world's first direct-to-device media broadcasting from geostationary orbit. The antenna reflector is the result of over 15 years of development under ESA's ARTES programme and EU's Horizon 2020, co-funded by ESA with core funding from the German Space Agency. HPS/LSS joins SWISSto12's growing network of German suppliers, including Tesat, Thales Germany and Jena Optronik. The five-metre diameter L-band antenna will be built on SWISSto12's HummingSat platform, which reported CHF110 million revenue in 2025.