Swissto12 reports 40% revenue growth and workforce up 75%
January 13, 2025
SWISSto12, based in Renens, Switzerland, is celebrating impressive growth in 2024, reporting revenue up over 40% and its workforce increasing by 75% across facilities in Switzerland, Europe and the US. The company delivered significant momentum in its HummingSat small satellite programme, cemented new customer partnerships with global OEMs, increased production capacity and gained widespread international industry recognition.
“2024 has been another year of outstanding growth for SWISSto12, as we continue to push boundaries in satellite communication and scale our operations globally,” stated Emile de Rijk, CEO and founder of SWISSto12. “We are reinforcing our position as a trusted and mature partner for the world’s leading satellite operators, space agencies, aerospace OEMs and telecommunications companies. We are excited to build on this momentum in 2025 as we accelerate on our mission to connect and protect the world.”
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In September, Intelsat, Viasat+Inmarsat, the European Space Agency (ESA) and SWISSto12 announced that the HummingSat programme was able to achieve what the company referred to as ‘major’ progress in its Preliminary Design Reviews ahead of its scheduled Intelsat 45 and Inmarsat 8 missions.
SWISSto12 also secured over $15 million contracts with aeronautical OEMs to provide equipment for improving maritime safety.
The company expanded its facilities in Renens, Switzerland, with additional production space and state-of-the-art clean room to reach a total footprint of 5,700 m2. Production capacity was further expanded with the acquisition of four MetalFabG2 metal Additive Manufacturing machines from Additive Industries.
SWISSto12’s US-based entity (St12 RF Solutions Inc) also won major contracts through 2024, delivering integrated RF Antenna Feed Chain products to Northrop Grumman for its GEOStar-3 product as well as continuing deliveries of antenna products to Lockheed Martin Space.
The company also announced the opening of its US HummingSat command and control centre in the state of Georgia.
SWISSto12 was named WEF Technology Pioneer 2024 by the World Economic Forum; ‘Top 10 Hottest Satellite Companies’ by ViaSatellite; ‘Leading European Technology Scaleup’ (LETS) by France Digitale; and was included in Le Temps Forum Top 100. The company also won the ‘Innovation’ category at the Prix Vaudois des Entreprises Internationales 2024.
SWISSto12 is a manufacturer of advanced satellite RF products, payloads and systems. The company’s RF products benefit from Additive Manufacturing technologies and associated Radio Frequency (RF) product designs that deliver lightweight, compact, highly performing, and competitive RF functionality.
