Satellite Maker SWISSto12 Said to Weigh IPO as Soon as Next Year

An illustration of SWISSto12's HummingSat 

Source: SWISSto12

Swiss satellite systems maker SWISSto12 SA is considering an initial public offering as soon as 2027, according to people familiar with the matter.

The Renens, Switzerland-based company has held initial talks with prospective advisers about going public, the people said, asking not to be identified as the information is private. Zurich is among the venues being considered for the IPO, they said.