SWISSto12 reports €200 million backorders during year of growth
December 5, 2023
SWISSto12, based in Renens, Switzerland, has reported a successful business year in which the company secured a major contract with Inmarsat, doubled its team, opened new production facilities, secured financing and exceeded €200 million in customer backorders across its satellite and RF product businesses.
The company is developing the HummingSat, a new class of commercial GEO Smallsat that incorporates SWISSto12’s additively manufactured radio-frequency products and systems. The HummingSat will enable telecommunications operators to use assets that are lower in unit cost and more agile, whilst ensuring performance and reliability. The first HummingSat, developed in collaboration with the European Space Agency, is set to be launched by Intelsat in 2026.
Emile de Rijk, CEO of SWISSto12, shared, “2023 has been a landmark year for SWISSto12, demonstrating the strong interest of customer for our RF products and our new class of small geostationary satellite: HummingSat. Looking ahead, we will aim to continue our growth as we position ourselves as a leading manufacturer of advanced satellite payloads and RF systems for the global aerospace market.”
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