SWISSto12 gets €26m in expansion funding
UBS Switzerland is injecting €26.15 million into fellow-Swiss business SWISSto12 for further development of its HummingSat satellite division. The extra financing will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat HummingSat. SWISSto12 has won a major order for one of its geostationary HummingSat craft from Intelsat (for IS-45) […]