SWISSto12 raises $70M Series C to scale multi-orbit business
SWISSto12 , a Swiss aerospace company developing satellite payloads and platforms for the space and telecommunications industries, has raised $70 million in a Series C funding round to expand its manufacturing and integration capacity and meet growing demand from commercial and government customers. The raise follows the award of $84.8 million from European Space Agency (ESA) Member States to the HummingSat ARTES partnership project, through which the ESA is supporting the development and in-orb