SWISSto12 named one of Europe’s top technology scaleups
September 20, 2024
SWISSto12, based in Renens, Switzerland, has been named as a Leading European Technology Scaleup (LETS) by France Digitale, a European startup and investor association. The LETS map identifies the leading growth-stage technology companies across Europe generating over €10 million in global revenue. SWISSto12 is one of nine Swiss companies and the only satellite manufacturer among the list of 251 companies featured. To date, SWISSto12 has secured over €350 million in customer orders across both its satellite and Radio Frequency product lines.
SWISSto12 is the developer and manufacturer of the world’s first commercial Small Satellite for Geostationary orbit – HummingSat – and also provides next-generation Radio Frequency products and subsystems based on a unique Additive Manufacturing technology, with over 1,000 products already in orbit.
SWISSto12 has sold four HummingSat satellites to Intelsat and ViaSat+Inmarsat, reportedly making it the first-ever growth-stage company to sign contracts of this magnitude with global satellite telecommunication operators. SWISSto12 has reported that it conducted Preliminary Design Reviews (PDR) for the Intelsat 45 and Inmarsat 8 missions in partnership with the European Space Agency (ESA).
At around the size of a washing machine and with a mass of approximately 1000kg, HummingSat is reportedly less expensive to build and launch than traditional Geostationary satellites which are typically the size of a truck and weigh in excess of 3000kg. Unlike traditional Geostationary satellites, HummingSat is also compact enough to be launched on low-cost rideshare missions. The first HummingSat is scheduled to launch on an Ariane 6 rocket in 2026.
Emile de Rijk, Founder and CEO of SWISSto12 stated, “By combining Switzerland’s heritage in engineering precision and its collaborative approach to business with world-class innovation and collaborations, SWISSto12 has rapidly emerged as a key player in the global space and communications industry. Being named a Leading European Technology Scaleup by LETS recognises our commercial achievements and how HummingSat is advancing the future of satellite communications to better connect and protect the world.”
Download Metal AM magazine
