The facility will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat, HummingSat. The company currently has more than €200 million in back orders from customers across its Radio Frequency products and subsystems business, partnership with ESA and recent HummingSat contracts.
![SWISSto12 secures CHF 25 million working capital facility from UBS](https://republic-of-innovation.ch/wordpress/wp-content/uploads/2023/09/swissto12-630x331.jpg)