Saab, a number one defence and safety firm, has invested $10 million in Pythom, an area expertise firm with Swedish roots growing light-weight and quickly deployable rockets designed to create space entry extra versatile, inexpensive, and resilient.
With operations in Sweden and the USA, Pythom’s modern strategy to rocket growth (closely leveraging additive manufacturing) focuses on affordability, simplicity, and velocity – qualities that align with Saab’s long-term imaginative and prescient for dispersed and resilient launch infrastructure.
The funding in Pythom helps Saab’s technique to shut functionality gaps within the area area, speed up innovation in areas crucial to nationwide safety, and strengthen Sweden’s area capabilities. This aligns with Saab’s ambition to contribute to rising world space-related defence necessities.
“Pythom’s imaginative and prescient and expertise provide a novel alternative to advance Sweden’s and its allies’ area capabilities in a means that’s each pragmatic and forward-looking. We’re proud to help their journey towards their first orbital flight,” mentioned Marcus Wandt, head of Group Technique and Know-how at Saab.
