PAYERNE, Switzerland, August 20, 2014 (S3 PR) –– Swiss aerospace company Swiss Space Systems – S3 aims to become the world leader in the small satellite launch segment, a market bound for impressive growth estimated at over $ 240 billion by 2020, with over 200 satellites expected to be launched to orbit every year. S3 is now officially announcing ongoing and upcoming discussions with prospective financial and strategic investors to further strengthen its position of European leader in this booming market.
SOCHI, Russia, February 19, 2014 (S3 PR) — Swiss Space Systems (S3), the aerospace company, announced today the signature of new partnerships with Russian companies specializing in space propulsion systems. This constitutes a key milestone towards the realization of S3’s project. JSC Kuznetsov will provide the rocket engine used for the suborbital shuttle developed by S3, while RKK Energia will study the conception of the upper stage destined to place satellites in low earth orbit. This is the first time that a European company collaborates with Russian companies specializing in the development and manufacturing of propulsion systems. This agreement with the creators of the world’s best rocket engines constitutes a decisive milestone achieved by the Swiss aerospace company.