Saab Makes Strategic Investment in Space Technology Company Pythom
November 19, 2025
Saab, the global defense and security company headquartered in Sweden, has announced a significant strategic investment in Pythom, a pioneering space technology firm with Swedish roots. Pythom specializes in developing lightweight, rapidly deployable rockets aimed at making space access more flexible, affordable, and resilient. This investment marks a key step in Saab’s efforts to advance capabilities in the space domain and support innovation critical to national security.
Aligning Visions for Space Innovation
With operations spanning Sweden and the United States, Pythom is recognized for its innovative approach to rocket development, focusing on affordability, simplicity, and speed. These qualities align closely with Saab’s long-term vision for distributed and resilient launch infrastructure in space. The company’s technology emphasizes rapid deployment, enabling more flexible and responsive access to space — a capability increasingly important for both commercial and defense applications.
Marcus Wandt, Head of Group Strategy and Technology at Saab, commented on the partnership:
“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.”
Investment Details and Strategic Goals
Saab is acting as the lead investor in Pythom’s latest funding round, committing USD 10 million to accelerate the company’s development and deployment of its launch systems. This investment underscores Saab’s strategy to close existing capability gaps in the space sector, promote innovation in areas essential to national defense, and bolster Sweden’s position as a competitive power in space technologies.
The collaboration also reflects Saab’s broader ambition to contribute to emerging global defense requirements associated with space. By supporting Pythom, Saab aims to enhance both its own portfolio and the wider technological landscape essential for maintaining security and operational superiority in space environments.
About Saab
Saab is a prominent force in the global defense and security markets, operating in more than 30 countries and selling products to over 100 countries worldwide. With a workforce of approximately 26,000 employees, Saab develops and maintains advanced systems across aeronautics, weapons, command and control, sensors, and underwater domains. The company is committed to pushing technological boundaries to create a safer, more sustainable world.
About Pythom
Pythom is a cutting-edge space technology company focusing on the design and deployment of cost-effective, easy-to-deploy rockets. With a vision to increase access to space through innovative engineering, Pythom leverages its Swedish heritage and US presence to serve both governmental and commercial space sectors.
For media inquiries, please contact:
Saab Press Centre
Phone: +46 (0)734 180 018
Email: presscentre@saabgroup.com
This article reflects information released by Saab on November 19, 2025.
