SWISSto12 Raises $70M Series C to Scale Multi-Orbit Satellite Production

A company on a growth curve

Ventureburn reported that SWISSto12 has posted a compound annual growth rate of 110% since 2022 and recorded $140 million in revenue for 2025, moving the firm into positive EBITDA territory. The same source said the company's total contracted book value now exceeds $500 million, with customer backlogs described as stronger than before.

Emile de Rijk, chief executive and founder of SWISSto12, told EU-Startups that space is increasingly recognised as essential infrastructure for the global economy, adding that the company's payload and satellite lines are opening new opportunities for customers. He said the funding accelerates the firm's ability to deliver across any payload, platform and orbit, citing missions ranging from direct-to-device connectivity and media broadcasting to intersatellite data relays and sovereign communications systems.

Part of a wider European wave

The round arrives amid a busy stretch of financing across Europe's satellite manufacturing, connectivity, Earth-observation and space-infrastructure sectors. EU-Startups reported that selected 2026 rounds it has covered—including deals for ICEYE, Hydrosat, SatVu, UNIVITY and NewOrbit—total approximately €586.8 million.

The activity underscores growing investor appetite for space hardware companies that can demonstrate revenue and profitability, positioning SWISSto12 among the European firms scaling to serve a market shaped by both commercial and sovereign demand.