Saab Invests in Space Technology Company Pythom

Saab has made a strategic investment in Pythom, a space technology company with Swedish roots developing lightweight and rapidly deployable rockets designed to make space access more flexible, affordable and resilient.

With operations in Sweden and the United States, Pythom’s innovative approach to rocket development focuses on affordability, simplicity, and speed — qualities that align with Saab’s long-term vision for dispersed and resilient launch infrastructure. 

The investment in Pythom supports Saab’s strategy to close capability gaps in the space domain, accelerate innovation in areas critical to national security, and strengthen Sweden’s space capabilities. This aligns with Saab's ambition to contribute to emerging global space-related defence requirements.

“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,” says Marcus Wandt, head of Group Strategy and Technology at Saab.

Saab is investing USD 10 million in Pythom and acting as the lead investor in Pythom’s recent funding round, aimed at accelerating the company’s development and deployment of its launch systems.