Swiss Satellite Company SWISSto12 named Technology Pioneer by World Economic Forum
Renens, Switzerland, June 11th 2024 // SWISSto12, one of the world’s fastest-growing satellite and RF products manufacturers has been selected as a Technology Pioneer by the World Economic Forum. As a Technology Pioneer, SWISSto12 will join a global community of 101 companies solving global challenges in a proactive, innovative, and entrepreneurial way.
A global network for high-growth, early-stage technology companies, the Technology Pioneers community participates in the Forum’s Centres, collaborating with leaders in government and civil society to scale their impact, help overcome global challenges and build future resiliency.
SWISSto12 is one of two Swiss companies and one of nine space companies selected as part of this year’s cohort, alongside companies from around the world, reflecting a diverse range of pioneering technologies and innovations.
SWISSto12’s selection for this year’s cohort is a testament to their achievements in better connecting and protecting the world through satellite communications innovation. The company’s geostationary SmallSat – HummingSat – delivers low-cost high-speed connectivity to better serve telecom operators, businesses, governments, NGOs and communities, – wherever they are in the world.
Headquartered in Lausanne with 150 employees and offices in the U.S and Europe, SWISSto12 supplies satellites and Radio Frequency systems to companies including Viasat, Inmarsat and Thales, Lockheed Martin and Northrop Grumann. The company is funded by a portfolio of experienced European investors including Swisscom and ZKB. To date, the company has generated over €200 million in customer orders across its satellite and Radio Frequency business. The business is expanding rapidly to meet strong customer demand and recently added an additional 1,200m2 of production that now covers a total of 5’600m2 in Renens, Switzerland.
Emile de Rijk, CEO of SWISSto12 said: “It is an honour to have been selected as a Technology Pioneer by the World Economic Forum. We look forward to contributing actively to this remarkable community of global change-makers. Our vision for the future is to help provide cost competitive and secure satellite communications to network operators, countries and communities across the globe, and I am proud to be partnering with the Forum, which will help scale our impact together with their public and private partners.”
Verena Kuhn, Head of Innovator Communities, World Economic Forum said: “The 2024 Technology Pioneers are revolutionising industries on a global scale. These innovators are leveraging the most advanced technologies to drive the radical changes needed to confront the world’s most urgent challenges. We are excited to see how their groundbreaking work will enrich Forum initiatives and how they will contribute to building dynamic partnerships between the public and private sectors to solve these critical global issues.”
About SWISSto12
SWISSto12 is a leading manufacturer of advanced satellite payloads and Radio-Frequency systems, including the HummingSat: a small yet powerful geostationary telecommunications satellite developed in collaboration with the European Space Agency (ESA) through its public-private-partnership program. HummingSat customers include Intelsat and Inmarsat (acq. Viasat 2023.)
SWISSto12’s satellites and payloads benefit from the company’s unique and patented 3D-printing technologies and associated Radio-Frequency product designs that deliver lightweight, compact, highly performing, and competitive RF functionality. Besides its space portfolio, the company is also active in telecommunications, surveillance and aeronautic applications.
SWISSto12 has developed commercially with success and is amongst the fastest growing aerospace companies in Europe. SWISSto12 spun off in 2011 from the Swiss Federal Institute of Technology in Lausanne (EPFL), is privately owned and backed by prominent Swiss and European Investors, CNB Capital, Swisscom Ventures, Swisscanto and Zürcher Kantonalbank.
For more information, visit https://swissto12.com/