🚀 Saab invests 10 million dollars in Swedish space company, Pythom Space

• Saab invests 10 million dollars in Pythom and leads the company's latest funding round.
• Pythom was founded by Swedish explorers Tina and Tom Sjögren who have three records in the Guinness Book of Records.
• The company develops lightweight rockets that can be deployed quickly to make access to space more flexible and affordable.

Founders with unique background

Swedish defense company Saab has made a strategic investment in Pythom, a space technology company founded by Swedes Tina and Tom Sjögren. Pythom develops lightweight rockets that can be deployed quickly. The company's rockets are designed to make access to space more flexible, affordable and resilient.

Saab is investing 10 million dollars in Pythom and acting as lead investor in the company's latest funding round. The goal of the funding round is to accelerate the company's development and deployment of its launch systems.

Tina and Tom Sjögren founded Pythom after building careers as explorers and adventurers. Warp News has previously written about the couple and their plans to travel to Mars. Tina Sjögren appears twice in the Guinness Book of Records as the first woman to complete an unassisted ski trip to the North Pole and as the first woman to complete the three poles challenge. Together with Tom Sjögren, she also holds the record for the fastest time to reach both poles without support.

After climbing Mount Everest and reaching both the North and South Poles, the couple began thinking about space as their next challenge. They started attending space conferences and talking with astronauts, scientists and rocket engineers. There they learned that the technology to take humans to Mars has existed for decades, but that politicians have not prioritized investing enough money in it.

Built own rocket engine

The couple realized they had to build their own rocket, their own rocket engine and their own spacecraft. They used the internet to access old patents, studies and courses from Stanford and MIT.

Pythom developed the Asterex rocket engine which achieved the highest chamber pressure for a small rocket engine ever. The pressure was twice as high as their best competitors and over 90 percent of what was theoretically possible.

Operations in two countries

Pythom now has operations in both Sweden and the United States. The company's approach to developing rockets focuses on three main areas: affordability, simplicity and speed. This aligns with Saab's long-term vision for dispersed and resilient launch infrastructure.

Strengthens Sweden's position

The investment in Pythom supports Saab's strategy to close capability gaps in the space domain. It will 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 defense requirements.

Marcus Wandt, head of Group Strategy and Technology at Saab, says that Pythom's vision and technology offer an opportunity to advance Sweden's and its allies' space capabilities in a way that is both pragmatic and forward-looking. Saab is proud to support Pythom's journey toward their first orbital flight.