Pythom Space has received 10m USD in funding from Saab as it looks to accelerate the development of its lightweight and rapidly deployable rockets.
Designed to make space access more flexible, affordable and resilient, Pythom Space utilises additive manufacturing technology to support the development of rocket thrusters.
With operations in Sweden and the United States, Pythom’s approach to rocket development focuses on 'affordability, simplicity, and speed,' all qualities that are said to align with Saab’s long-term vision for dispersed and resilient launch infrastructure.
Saab also holds an ambition to contribute to emerging global space-related defence requirements. The investment in Pythomn, then, supports the company's strategy to close capability gaps in the space domain, accelerate innovation in areas critical to national security, and strengthen Sweden’s space capabilities.
“Pythom’s vision and technology offer a unique opportunity to advance Sweden’s and its allies’ space capabilities in a way that is both pragmatic and forward-looking. We are proud to support their journey toward their first orbital flight,” said Marcus Wandt, head of Group Strategy and Technology at Saab.
Saab is acting as the lead investor in Pythom’s recent funding round, aimed at accelerating the company’s development and deployment of its launch systems.
Illuminating the path: How Build Quality software fuels accuracy and reliability in additively manufacturing rocket thrusters
