SWISSto12 closes a CHF 18.1M (USD 18.5M) Series B financing round. The provider of telecommunications components for the satellite and aerospace industries has big plans for the telecommunications industry, including 3D Printing payloads for communications over satellite. Swisscanto Invest by Zürcher Kantonalbank, Swisscom Ventures and former investor Constantia New Business (CNB) led this financing round.
SWISSto12 aims to foster its industrialization and the deployment of antenna products for communication satellites. They will further invest in new advanced communication payloads for the SmallSat market as well as continue the expansion of its recently opened offices in the U.S. and Israel. Furthermore, exploring new opportunities brought by other means of communications such as 5G is also part of its development plan.
“AM, an opportunity for next-generation equipment onboard communication satellites”
It’s been 50 years that first filters were set up to allow frequencies between one channel and another one. However, the challenge nowadays lies in the capacity to increase multiple beams within a single satellite. In this field, 3D Systems & Airbus, Nano Dimension & Harris Corporation, are a few names that partnered in the path to explore the possibilities brought by 3D Printed radio frequencies.
SWISSto12 said that thanks to its solutions, satellite communication operators gain high-performance, lightweight, and highly customizable products, opening a new area in payload engineering. The technology also brings new design and manufacturing possibilities that SWISSto12 has mastered after development and successful space qualification of its patents.
In a very short amount of time, SWISSto12 has convinced the aerospace and satellite communities of its high level of expertise and its ability to deliver on the promise of space ready, 3D-printed radio frequency communication products. As the company also moves into the SmallSat and constellation markets, SWISSto12 is the market leader, providing high-performing and versatile antenna payload products based on their mastery of additive manufacturing technology. Their expertise, innovative processes, and customer focus combines to make SWISSto12 an engineering thought-leader in this space.
“SWISSto12 convinced us with its innovative technology and business model. With its space-ready, 3D-printed radio frequency communication products, we believe SWISSto12 has a great growth potential. It is an ideal addition to our portfolio, which focuses on unlisted Swiss growth companies in the expansion phase,” says Nils Granath, responsible for ICT investments at Swisscanto Private Equity Switzerland Growth I KmGK.
Pär Lange, Investment Partner at Swisscom Ventures added, “With its innovative 3D-printing technology, SWISSto12 is leading the way into the next generation of microwave components such as wave guides, antennas, and filters, giving the aerospace industry unrivaled solutions in terms of performance, weight and size. As the satellite industry is transforming, with many low earth constellation initiatives on the way, we believe that SWISSto12 will have an important part to play in this development and we are excited to be part of that journey together with Sto12.”
“We are very proud of the path already taken by SWISSto12 and are delighted to join forces with two highly experienced investors who bring complementary strengths to our investor base,” expressed Philipp Thurn und Taxis, Managing Director of CNB.
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