Saab has made a strategic investment in Pythom, a space technology company with Swedish roots developing lightweight and rapidly deployable rockets designed to make space access more flexible, affordable and resilient.
With operations in Sweden and the United States, Pythom's innovative approach to rocket development focuses on affordability, simplicity, and speed - qualities that align with Saab's long-term vision for dispersed and resilient launch infrastructure.
The investment in Pythom supports Saab's strategy to close capability gaps in the space domain, accelerate innovation in areas critical to national security, and strengthen Sweden's space capabilities. This aligns with Saab's ambition to contribute to emerging global space-related defence requirements.
"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," says Marcus Wandt, head of Group Strategy and Technology at Saab.
Saab invests USD 10 million in Pythom and acts as the lead investor in Pythom's recent funding round, aimed to accelerate the company's development and deployment of its launch systems.
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Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 26,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.