Industry | Aerospace |
---|---|
Founded | 2012 |
Founder | Pascal Jaussi |
Headquarters | Payerne, Switzerland |
Key people
|
Pascal Jaussi (CEO) Claude Nicollier (Chairman) |
Products | Satellite launch/Space tourism |
Website | www |
Swiss Space Systems (S3) was a - now insolvent - company which planned to provide orbital launches of miniaturized satellites and manned suborbital spaceflights. The company was based in Payerne in western Switzerland, near Payerne Air Base, where it planned to build a spaceport in 2015. Suborbital spaceplanes will be launched from an Airbus A300, giving the spacecraft more initial speed and altitude than if it were launched from the ground. The spacecraft, in turn, will release a disposable third stage.
As of March 2013[update], the company planned to charge 10 million CHF (US$10.5 million) for a launch, using unmanned suborbital spaceplanes that could carry satellites weighing up to 250 kilograms (550 lb). The costs were expected to be reduced by the reusable nature of the spaceplane and launch facilities and by somewhat lower fuel-consumption than conventional systems.
In 2013, S3 also hoped to develop a manned version of its suborbital spaceplane, in order to provide supersonic intercontinental flights to paying customers. According to CEO Pascal Jaussi: "Far from wishing to launch into the space tourism market, we want rather to establish a new mode of air travel based on our satellite launch model that will allow spaceports on different continents to be reached in an hour."
As of March 2013[update], project partners included the European Space Agency, Dassault Aviation and the Von Karman Institute.
According to Swiss state television, Swiss Space Systems is heavily indebted. In 2016, Swiss Space Systems asked to delay bankruptcy procedures, as new funds from Singapore bank Axios Credit are expected. However, news tabloid Blick reported that Singapore authorities declared that Axios is not a licensed bank. On 14 December 2016, Swiss Space Systems was declared bankrupt in the civil court of Broye and North Vaud.