SWISSto12 Raises $70M Series C to Scale Multi-Orbit Satellite Production
The Lausanne-based satellite maker closed a €61 million ($70 million) round to expand production of small GEO and LEO systems amid rising commercial and sovereign demand.
AfroEuropa Newsroom
AfroEuropa desk
Swiss space manufacturer SWISSto12 has closed a Series C funding round worth $70 million, or roughly €61 million, according to reporting from EU-Startups, SpaceNews and Ventureburn. The company, headquartered in Lausanne, says the capital will help it scale its multi-orbit payload and satellite business as orders from both commercial operators and government clients continue to climb.
The raise carries weight for the Europe-focused space supply chain, and by extension for the broader Africa↔Europe technology corridor, where demand for connectivity infrastructure spanning multiple orbital layers is expanding. Satellite systems capable of serving telecommunications, direct-to-device connectivity and sovereign communications needs are increasingly viewed as strategic assets across both continents.
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