OverviewSuggest Edit

Swedish Space (SSC) is a provider of space engineering, satellite, and launch services. It launches rockets and balloons from the Esrange Space Center and develops experiment payloads. The company also offers a ground station network delivering communications and ground support to Earth-orbiting satellites.
TypePrivate
Founded1972
HQSolna, SE
Websitesscspace.com

Latest Updates

Employees (est.) (Dec 2020)577(+6%)
Revenue (FY, 2020)KR1 B(-1%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at SSC

Stefan Gardefjord

Stefan Gardefjord

President & CEO
Stefan Gustafsson

Stefan Gustafsson

Senior Vice President Strategy & Sustainable Business
Lennart Poromaa

Lennart Poromaa

President Science Services
Nicholas Priborsky

Nicholas Priborsky

President Engineering Services
Åse Lagerqvist von Uthmann

Åse Lagerqvist von Uthmann

Senior Vice President & CFO
Linda Lyckman

Linda Lyckman

Senior Vice President Business & Technology Innovation
Show more

SSC Office Locations

SSC has offices in Solna, Farsta, Kiruna, Horsham and in 8 other locations
Solna, SE (HQ)
Tritonvägen 11
Farsta, SE
Vidjavägen 15
Mingenew, AU
21 Victoria Rd
Lethbridge, CA
3425 2 Ave S
Colina, CL
Autopista Los Libertadores Km 28
Darmstadt, DE
Robert-Bosch-Straße 16A
Show all (12)

SSC Financials and Metrics

Summary Metrics

Founding Date

1972
Show all financial metrics

SSC Revenue

SSC's revenue was reported to be kr1 b in FY, 2020 which is a 1.2% decrease from the previous period.
SEK

Revenue (Q2, 2021)

294.0m

Net income (Q2, 2021)

1.0m

EBIT (Q2, 2021)

9.0m

Cash (30-Jun-2021)

175.0m
Annual
SEKFY, 2018FY, 2019FY, 2020

Revenue

945.0m1.0b1.0b

Revenue growth, %

7%(1%)

General and administrative expense

481.0m541.0m592.0m

Operating expense total

916.0m1.0b1.0b
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

237.0m265.0m249.0m276.0m244.0m249.0m242.0m294.0m

General and administrative expense

130.0m139.0m131.0m152.0m148.0m134.0m153.0m153.0m

Operating expense total

239.0m261.0m238.0m311.0m245.0m224.0m261.0m288.0m

Depreciation and amortization

29.0m29.0m30.0m66.0m32.0m29.0m28.0m29.0m
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash

212.0m212.0m182.0m

Accounts Receivable

270.0m269.0m265.0m

Inventories

13.0m13.0m17.0m

Current Assets

495.0m494.0m465.0m
Quarterly
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash From Operating Activities

134.0m195.0m158.0m

Purchases of PP&E

(58.0m)(144.0m)(192.0m)

Cash From Investing Activities

(54.0m)(171.0m)(205.0m)

Cash From Financing Activities

(40.0m)(27.0m)33.0m
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash From Operating Activities

33.0m94.0m152.0m31.0m54.0m111.0m43.0m53.0m

Purchases of PP&E

(13.0m)(41.0m)(17.0m)(56.0m)(96.0m)(11.0m)(34.0m)(72.0m)

Cash From Investing Activities

(15.0m)(49.0m)(101.0m)(60.0m)(103.0m)(140.0m)(36.0m)(79.0m)

Cash From Financing Activities

(5.0m)(9.0m)(14.0m)(5.0m)31.0m26.0m27.0m18.0m
SEKFY, 2018

Revenue/Employee

1.9m

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
Show all financial metrics

SSC Acquisitions / Subsidiaries

Company NameDateDeal Size
Aurora Technology
Global Trust
LSE Space GmbH
SSC Space Australia
SSC Space Canada
SSC Space Chile
SSC Space Thailand
SSC Space UK
SSC Space Us, Inc.

SSC Revenue Breakdown

Embed Graph

SSC revenue breakdown by geographic segment: 14.5% from America, 11.2% from Asia, 61.1% from Europe excl. Sweden, 12.8% from Sweden and 0.4% from Other

Human Capital Metrics

SSC's employees are reported to be approximately 25% female and 75% male.
Embed Graph
Show all human capital metrics

SSC Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

SSC Online and Social Media Presence

Embed Graph

SSC News and Updates

SSC Blogs

SSC and Bradford ECAPS sign MoU regarding commercial orbital debris removal services

Swedish Space Corporation (SSC) and Bradford Space / ECAPS, a leading manufacturer of non-toxic propulsion systems, have signed an MoU […] The post SSC and Bradford ECAPS sign MoU regarding commercial orbital debris removal services appeared first on SSC - Swedish Space Corporation.

Meet us at IAC 2021 in Dubai

After a long wait, we are once again excited to meet everyone in person for the first time in over […] The post Meet us at IAC 2021 in Dubai appeared first on SSC - Swedish Space Corporation.

SSC invests to finalize Spaceport Esrange – first satellite to be launched in 2022

Swedish Space Corporation (SSC) and the Nordic Investment Bank (NIB) have signed a EUR 12 million loan agreement for the […] The post SSC invests to finalize Spaceport Esrange – first satellite to be launched in 2022 appeared first on SSC - Swedish Space Corporation.

To the moon and beyond – SSC takes years of lunar experience into the future

The moon has been a focal point for the space industry since the 1950’s. Looking back on a rich heritage […] The post To the moon and beyond – SSC takes years of lunar experience into the future appeared first on SSC - Swedish Space Corporation.

German state visit to Esrange Space Center

Today we welcomed the President of Germany together with HM King and Queen of Sweden to Esrange Space Center, giving […] The post German state visit to Esrange Space Center appeared first on SSC - Swedish Space Corporation.

Royal and presidential visit to Esrange Space Center

The post Royal and presidential visit to Esrange Space Center appeared first on SSC - Swedish Space Corporation.
Show more

SSC Frequently Asked Questions

  • When was SSC founded?

    SSC was founded in 1972.

  • Who are SSC key executives?

    SSC's key executives are Stefan Gardefjord, Stefan Gustafsson and Lennart Poromaa.

  • How many employees does SSC have?

    SSC has 577 employees.

  • What is SSC revenue?

    Latest SSC annual revenue is kr1 b.

  • What is SSC revenue per employee?

    Latest SSC revenue per employee is kr1.7 m.

  • Who are SSC competitors?

    Competitors of SSC include SES, AAC Clyde Space and Ruag Space.

  • Where is SSC headquarters?

    SSC headquarters is located at Tritonvägen 11, Solna.

  • Where are SSC offices?

    SSC has offices in Solna, Farsta, Kiruna, Horsham and in 8 other locations.

  • How many offices does SSC have?

    SSC has 12 offices.