The Journal of Space Commerce

The Journal of Space Commerce

UBS Makes Investment in SWISSto12

Working Capital Financing Facility Valued at Nearly $39 Million

Tom Patton's avatar
Tom Patton
Sep 18, 2023
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CGI Artists Rendering of SWISSto12 HummingSat

Satellite and RF product manufacturer SWISSto12 has secured a working capital financing facility valued at $38.81 million from UBS Switzerland AG. The facility will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat, HummingSat.

“(T)he company is in a t…

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