--- title: SWISSto12 raises $70M for sovereign space infrastructure description: SWISSto12, a Swiss satellite manufacturer spun out of EPFL in 2011, has closed a $70M Series C while operating profitably — a rarity in the space hardware... canonical: https://daily.dev/posts/swissto12-raises-70m-for-sovereign-space-infrastructure-rcbc2ezdj twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: SWISSto12 raises $70M for sovereign space infrastructure | daily.dev og:description: SWISSto12, a Swiss satellite manufacturer spun out of EPFL in 2011, has closed a $70M Series C while operating profitably — a rarity in the space hardware... og:url: https://daily.dev/posts/swissto12-raises-70m-for-sovereign-space-infrastructure-rcbc2ezdj og:image: https://api.daily.dev/og/posts/RCBc2Ezdj.png og:image:alt: SWISSto12 raises $70M for sovereign space infrastructure og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # SWISSto12 raises $70M for sovereign space infrastructure **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary SWISSto12, a Swiss satellite manufacturer spun out of EPFL in 2011, has closed a $70M Series C while operating profitably — a rarity in the space hardware sector. The company reported $140M in revenue for 2025, holds over $500M in signed contracts, and has grown 110% annually since 2022. It manufactures two products: HummingSat, a compact geostationary satellite roughly one-tenth the size of conventional ones, and HummingLink, payloads and antennas that attach to other operators' satellites. Its 3D-printed RF hardware gives it a manufacturing edge in weight and speed. The raise follows an $84.8M ESA investment in its HummingSat programme, bringing total fresh capital to over $150M in a month. The funding reflects Europe's broader push for sovereign space infrastructure, though the company faces risks from shrinking GEO orders and well-funded rivals like Astranis. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Northwood Space secures a $100M Series B and a $50M Space Force contract](https://daily.dev/posts/northwood-space-secures-a-100m-series-b-and-a-50m-space-force-contract-4sj3hqzyw) · TechCrunch · 0 upvotes · 0 comments - [STMicroelectronics targets more than $3bn from space](https://daily.dev/posts/stmicroelectronics-targets-more-than-3bn-from-space-bo1njmmng) · The Next Web · 0 upvotes · 0 comments - [Investors commit quarter-billion dollars to startup designing “Giga” satellites](https://daily.dev/posts/investors-commit-quarter-billion-dollars-to-startup-designing-giga-satellites-1zxolakue) · Ars Technica · 0 upvotes · 0 comments - [Everyone else is shrinking satellites. K2 raised $500m to build giant ones, and put AI in orbit.](https://daily.dev/posts/everyone-else-is-shrinking-satellites-k2-raised-500m-to-build-giant-ones-and-put-ai-in-orbit--v2go5yha0) · The Next Web · 0 upvotes · 0 comments - [SEALSQ Leads $10 Million PIPE Investment in WISeSat.Space](https://daily.dev/posts/sealsq-leads-10-million-pipe-investment-in-wisesat-space-uq3edavzq) · The Quantum Insider · 0 upvotes · 0 comments --- Tags: [#space-technology](https://daily.dev/tags/space-technology) [View this post on daily.dev](https://daily.dev/posts/swissto12-raises-70m-for-sovereign-space-infrastructure-rcbc2ezdj) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"SWISSto12 raises $70M for sovereign space infrastructure","url":"https://daily.dev/posts/swissto12-raises-70m-for-sovereign-space-infrastructure-rcbc2ezdj","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/swissto12-raises-70m-for-sovereign-space-infrastructure-rcbc2ezdj"},"datePublished":"2026-07-16T17:18:29.689Z","dateModified":"2026-07-16T17:18:51.982Z","description":"SWISSto12, a Swiss satellite manufacturer spun out of EPFL in 2011, has closed a $70M Series C while operating profitably — a rarity in the space hardware...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/2b68d237945d8398afa878679e9b5797?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/2b68d237945d8398afa878679e9b5797?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/swissto12-raises-70m-for-sovereign-space-infrastructure-rcbc2ezdj","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"space-technology","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"SWISSto12 raises $70M for sovereign space infrastructure"}]} ```