SWISSto12 Partners with Mitsubishi Electric Corporation

Swiss company SWISSto12 signed a memorandum of understanding with Mitsubishi Electric for joint production of payloads and RF products, phased array antennas for Japanese protected geostationary programs, and expansion into Asian markets. SWISSto12 has over $500 million in orders, $140 million in revenue, and 2,000 parts in orbit.

• Memorandum covers payloads, RF products and Asia expansion
• SWISSto12 to produce phased array antennas for Japan GEO programs
• SWISSto12 order book exceeds $500 million, revenue is $140 million
• Company raised $70 million Series C and $200 million total