S
SWISSto12
Space · Renens, Switzerland · Founded 2011
Additive manufactured RF antenna, waveguide and filter products for applications in Satellite telecommunications, radar and Test&Measurement applications MoreLess
SWISSto12 stands as a specialized manufacturer of advanced radio frequency (RF) products and entire satellite systems, positioning itself at the forefront of the geostationary satellite market. The company's business model is vertically integrated, covering in-house research, design, and manufacturing of its core products. Its client base includes major satellite operators like Intelsat and Viasat (formerly Inmarsat), government entities, and prominent aerospace and defense corporations such as Thales, Lockheed Martin, and Northrop Grumman. Revenue is generated through the sale of RF components, integrated subsystems, and complete small geostationary satellites.
The company's origins trace back to 2011, when it was founded as a spin-off from the Swiss Federal Institute of Technology in Lausanne (EPFL) by Emile de Rijk, along with Alessandro Macor and Jean-Philippe Ansermet. De Rijk's journey as an entrepreneur began out of necessity during his PhD in Physics, where budget constraints for expensive RF components led him to experiment with the university's 3D printing lab. This resourceful approach resulted in the first functional 3D-printed antennas, laying the foundation for the company. The company name itself, SWISSto12, is a nod to this heritage, blending 'Swiss' precision with 'to12' for the Terahertz frequencies (10^12 Hz) of its initial products. Early milestones include securing initial contracts with the European Space Agency (ESA) in 2015 and pivoting from a "build-to-print" to a more sophisticated "build-to-spec" business model in 2016. The company has successfully raised significant capital, including a Series B round of $18.5 million in 2019 and a $28 million debt financing round in 2023.
SWISSto12's core technological advantage lies in its patented and proprietary use of additive manufacturing, or 3D printing, for producing complex RF components from qualified aluminum alloys. This method allows for the creation of intricate, lightweight, and compact hardware that outperforms conventionally manufactured parts, reducing component weight by up to five times. The company has more than 1,000 of its 3D-printed RF products currently operating in orbit. Building on this component-level expertise, SWISSto12 developed its flagship product, the HummingSat. The HummingSat is a small, powerful geostationary (GEO) telecommunications satellite, roughly the size of an industrial washing machine, developed in partnership with the ESA. Its compact size significantly lowers manufacturing and launch costs, as it can be deployed via rideshare missions, making it an affordable solution for regional services, gap-filling, or for nations seeking sovereign communication capabilities. The first HummingSat launch is scheduled for 2027. The company has already secured major contracts, including an order from Intelsat for the IS-45 satellite and a multi-satellite deal with Viasat/Inmarsat to enhance global safety and emergency communication services. Keywords: satellite manufacturing, radio frequency components, 3D printing for aerospace, additive manufacturing, geostationary satellites, HummingSat, SmallSat, satellite payloads, satellite communications, RF systems, Emile de Rijk, EPFL spin-off, European Space Agency partner, Intelsat supplier, Viasat supplier, Thales partner, aerospace components, satcom, telecom infrastructure, space technology, defense electronics, antenna systems, sovereign satellite capabilities
Company overview
SWISSto12 company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2011
- Headquarters
- Renens, Switzerland
- Employees
- 224
- Open positions
- None listed
- Dealroom signal
- 87.3
Valuation & funding
SWISSto12 funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANTOther financing | Jan 2026 | $80M | — | European Space Agency | ↗ |
| DEBTDebt | Sep 2023 | $29M | — | UBS | ↗ |
| SERIES BOther financing | Aug 2019 | $18M | $73M | Swisscom Ventures · CNB Capital · Swisscanto Invest | — |
| SERIES AOther financing | Jan 2016 | $0 | — | CNB Capital | — |
| GRANTOther financing | Oct 2015 | $253K | — | Undisclosed | — |
| GROWTH EQUITY VCOther financing | Dec 2013 | Fondation FIT | — | ||
| EARLY VCOther financing | Jun 2013 | ZKB - Zürcher Kantonalbank | — | ||
| SEEDOther financing | May 2012 | Venture Kick · Fondation FIT | — | ||
| GRANTOther financing | Oct 2011 | Venture Kick | — | ||
| SPINOUTOther financing | Jan 2011 | EPFL Swiss Federal Polytechnic School of Lausanne | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $4.9M | 0% | 224 |
| 2025 | $4.9M | 0% | 207 |
| 2024 | $4.9M | 0% | 146 |
| 2023 | $4.9M | 0% | 87 |
| 2022 | $4.9M | 0% | 46 |
| 2021 | $4.9M | 0% | 29 |
| 2020 | $4.9M | — | 37 |
Growth signals
SWISSto12 website traffic
Latest recorded traffic for SWISSto12 is 2.7K monthly website visits, down 69% over the last three months. SWISSto12's team grew 8.2% over the past year.
Comparisons
SWISSto12 compared with similar companies
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Talent graph
SWISSto12's talent
Source: Dealroom Talent Intelligence.
Investors
9 investors on SWISSto12's cap table
Sourced from Dealroom's funding and investor records.









Global footprint
Where SWISSto12 has talent and traffic
team presence
In the news
Latest news about SWISSto12
Recent press, funding announcements, and product moves mentioning SWISSto12 — open to read from the original sources.
Market sentiment
What the market is saying about SWISSto12
An AI-synthesized read of the highest-engagement posts about SWISSto12 on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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