Saab has made an investment in Pythom, a space technology company with Swedish roots with hopes of developing lightweight and rapidly deployable rockets.
“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,” Head of Group Strategy and Technology at Saab, Marcus Wandt, said.
With operations in Sweden and the United States, Pythom’s approach to rocket development has focused on affordability, simplicity, and speed — qualities that align with Saab’s long-term vision for dispersed and resilient launch infrastructure.
Saab has invested US $10 million (approx. AU $15.4 million) in Pythom and will act as the lead investor in Pythom’s recent funding round, aimed to accelerate the company’s development and deployment of its launch systems.