Swedish Space Corp: 2022 revenue up 12% despite Ukraine war-caused delays; preparing orbital flights in 2024

by Peter B. de Selding

PARIS— Swedish Space Corp. (SSC) reported an 11.8% increase in revenue in 2022 but a substantial operating loss following investment in its new orbital-launch facility  and its satellite management services.

The loss was also a result the company’s provisions for what’s expected to be major restructuring costs in the coming years to bring its operations in line with the Swedish government’s order for it to account for Swedish defense and security interests.

The government in September gave SSC a capital injection of . . .

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