Swissto12 raises $18.44 million, works with Tyvak on mini geostationary satellites

URLhttps://spacenews.com/swissto12-raises-18-44-milli
SourceSpace News
Date Published08/29/2019
Author NameDebra Werner
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Swissto12, Inc.
Parent companySwissto12
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Capital investment ($):18.44
Country(ies) from which reshored:Switzerland
City reshored to:Santa Clara
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshored3D printed components for satellites
What domestic positive factors made reshoring more attractive?3D Printing/Additive Manufacturing, Automation/technology, Customization/Flexibility, Proximity to customers/market, Other, expand production; partnership
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