Swissto12 raises $70 million
Posted: Sun, Jul 19, 2026, 3:13 PM ET (1913 GMT)
Swissto12 has raised $70 million to expand production of its small geostationary orbit satellites. The company announced Thursday the Series C round from undisclosed investors. The Swiss firm reported more than $500 million in contracts for a business spanning satellite subsystems, antennas and multi-orbit payloads to HummingSat, its washing machine-sized satellite designed for GEO. The first of seven HummingSats ordered to date is slated for completion in 2027 for SES. Swissto12 said it generated $140 million in revenue in 2025 and is on track for positive earnings in 2026.
Swissto12 has raised $70 million to expand production of its small geostationary orbit satellites. The company announced Thursday the Series C round from undisclosed investors. The Swiss firm reported more than $500 million in contracts for a business spanning satellite subsystems, antennas and multi-orbit payloads to HummingSat, its washing machine-sized satellite designed for GEO. The first of seven HummingSats ordered to date is slated for completion in 2027 for SES. Swissto12 said it generated $140 million in revenue in 2025 and is on track for positive earnings in 2026.
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