Post by EPFL Innovation Park

💰 FUNDING 💰 🛰️ SWISSto12 Closes $70M Series C Big news from one of our ecosystem's alumni companies! SWISSto12 — once based at EPFL Innovation Park — has announced the close of a $70 million (CHF 56.5M) Series C. The growth trajectory since their time in our ecosystem is impressive: 📈 $140M in revenue for 2025 📊 $500M+ in total contract value 💡 110% CAGR since 2022 ✅ Positive EBITDA expected in 2026 The company's patented manufacturing technologies — including advanced 3D printing — power disruptive payloads deployable on any platform, any mission, any orbit. This includes their proprietary HummingSat geostationary platform, now backed by seven contracts with operators like SES and Viasat, and supported by an $84.8 million European Space Agency - ESA award for in-orbit validation. Their HummingLink payload and antenna solutions have also scaled impressively, with over 2,000 units deployed in orbit across LEO, GEO, and diverse missions spanning Europe and APAC. As CEO Emile de Rijk puts it: "Space is increasingly recognized as essential infrastructure for the global economy... This Series C funding round accelerates our ability to execute on this growing demand across any payload, any platform and any orbit."  A great proof that deep-tech innovation nurtured early on can scale to global impact. Congratulations to the entire SWISSto12 team! 🚀 #NewSpaceEconomy #DeepTech #SeriesC #SpaceTech #Switzerland