SWISSSto12 raises revenues expectations
March 31, 2026
By Chris Forrester
Speciality satellite builder SWISSto12 says it expects revenues this year to reach more than $200 million (€174.4m), against the previously expected $140 million.
The increase comes about because the company is increasingly finding new business from established satellite operators for its HummingSat platform. SES, for example, already has an order in place with SWISSto12 for a replacement satellite for the damaged Intelsat 45 craft and due for delivery in 2027.
Viasat of California also has three Inmarsat 8 satellites on order for delivery in 2028. All three Viasat/Inmarsat craft will be delivered on the same rocket and then use their on-board electric orbit raising thrusters to reach orbits.
At the Satellite 2026 event in Washington DC, it emerged in a conference session with CEO Emile de Rijk and Chairman Steve Collar confirming that SWISSto12 had also booked an order for a seventh satellite but did not name the client.
SWISSto12 has enjoyed financial help from the European Space Agency (ESA). Steve Collar, a previous CEO at SES, told delegates that ESA liked success stories and SWISSto12 is a massive success story.
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