SWISSto12 closes €61M ($70M) Series C to scale small GEO satellite and multi-orbit payload production
Lausanne-based space startup SWISSto12 has closed a €61 million ($70 million) Series C round to expand production of its satellite platforms and payload technologies. The funding is aimed at scaling its small geostationary (GEO) manufacturing business and supporting growing commercial and government/sovereign demand for space communications infrastructure.