Swiss Space Systems plans IPO in 2015

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12.03.2015

The private Swiss space company S3 develops shuttles for the deployment of satellites and is planning Zero gravity flights which will start this year. Today the company based in Payerne announced plans for an IPO.

Swiss Space Systems (S3) has the objective to develop, build, certify, and operate suborbital shuttles for the deployment of satellites up to 250 kg beginning in 2018. The Swiss company is developing an airborne satellite launching system that is flexible and affordable, in order to meet the growing demand for the launch of small satellites or constellations of small satellites, among others, for high resolution imagery or communications. S3 will also operate Zero gravity flights onboard its modified Airbus carrier-aircraft, whose modifications will be finished this summer, giving the possibility to almost anyone to have the experience of weightlessness, like an astronaut in space. This young aerospace company approached investors in 2014 in order to increase its capital and to open a part of the equity of its underlying companies. This is a process aimed at continuing its growth and pursuing the next steps of its program, concluding with an Initial Public Offering (IPO) to come in the course of this year.

Swiss Space Systems (S3) wants to take this opportunity to open its equity to its employees, who played a major part in this unique challenge to fund a private space company in Europe. S3 also wants to give the possibility to its fans and the general public who follow the company, especially in the Western part of Switzerland where S3 is based, to be a part of this venture. This is why S3 is organizing a special sale of Zero gravity flights with S3 giving the possibility to convert it into shares of the company.

As Pascal Jaussi, founder and CEO of S3 outlines: “I look forward to giving the opportunity to the community, which follows, encourages and supports S3, to be an integral part of our adventure. I had been receiving many requests from people wishing to invest small amounts into our company and I’m happy to now give them this opportunity. This is also a concretization of our vision of Space for all, since we don’t limit the equity of S3 to large investors, instead opening the possibility to almost anyone.”

Swiss Space Systems Holding SA is a Swiss company founded in Payerne in 2012. It combines and supervises the activities of its daughter companies in Switzerland, Spain, Croatia and the USA. The objective of the S3 group is to develop, build, certify, and operate suborbital shuttles for the deployment of satellites up to 250 kg. The company currently has 75 employees, and its global budget up to the first satellite launch is around 250 million Swiss francs.

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