SWISSto12
Reviewed active Updated Jul 16, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Founders
About
SWISSto12 is a Renens, Switzerland–based space company that designs and manufactures satellites and radio-frequency payload systems, with a focus on small geostationary (GEO) satellites 12. Its flagship product, HummingSat, is a washing-machine-sized GEO satellite platform that the company positions as a lower-cost alternative to traditional multi-tonne geostationary spacecraft 12. As of the Series C announcement, the company reports seven contracts for HummingSat with global satellite operators including SES and Viasat 12.
On 2026-07-16 SWISSto12 announced the close of a $70 million Series C round (approximately €61 million in European coverage) 123. Individual investors in the round and post-money valuation were not disclosed; the company confirmed only that both new and returning investors participated 13. The round follows an $84.8 million ESA award to the HummingSat ARTES partnership project earlier in 2026 1. The company reports 2025 revenue of $140 million, contract values exceeding $500 million, and positive EBITDA in 2026 23.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-16 | Series C | $70M (~€61M) | (undisclosed) | (undisclosed) 123 |
What Investors Say
No independently sourced investor testimonials found at time of publication.
What Founders Say
Emile de Rijk, CEO and founder of SWISSto12: “Space is increasingly recognized as essential infrastructure for the global economy. In this expanding market, our solutions across payload and satellite lines are creating significant new opportunities for customers.” 3
Emile de Rijk on the small-GEO market opportunity: “Small GEO is increasingly viewed as a solution for multi-orbit, disaggregated constellations. There is huge interest here, both for targeted commercial missions and for governments seeking a sovereign strategic backbone for satellite communications.” 2
Fredrik Gustavsson, Chief Financial and Strategy Officer at SWISSto12: “The financial picture at SWISSto12 is robust and primed for global growth. $140 million in revenue for 2025, more than $500 million in customer contracts, and a 110% compound annual growth rate since 2022.” 3
Sources
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Jason Rainbow, “Swissto12 raises $70 million to accelerate small GEO satellite production,” SpaceNews, July 16, 2026. Accessed July 16, 2026. https://spacenews.com/swissto12-raises-70-million-to-accelerate-small-geo-satellite-production/↩↩↩↩↩↩↩
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“SWISSto12 closes $70m Series C funding,” Advanced Television, July 16, 2026. Accessed July 16, 2026. https://www.advanced-television.com/2026/07/16/swissto12-seriesc-funding/↩↩↩↩↩↩↩
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“SWISSto12 Closes US$70 Million Series C to Meet Growing Multi-Orbit Demand,” Business Wire (via Street Insider), July 16, 2026. Accessed July 16, 2026. https://www.streetinsider.com/Business+Wire/SWISSto12+Closes+US$70+Million+Series+C+to+Meet+Growing+Multi-Orbit+Demand/26775468.html↩↩↩↩↩↩