Forsway funding news – Skövde-based Forsway has Raised €2.3Million in Funding

Funding Utilisation

With this funding, Forsway will develop Xtend 5G, a next-generation 5G satellite connectivity system that combines satellite and ground networks for continuous connectivity anywhere, regardless of network availability.

Xtend 5G will support European government, defense, emergency services, and critical infrastructure sectors, offering reliable, secure connectivity in open or closed networks with full control.

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The development of Xtend 5G will be co-funded by ESA's ARTES 4.0 program for 5G/6G and Sustainable Connectivity. Xtend 5G will serve as an independent connectivity solution for satellite platforms, acting as a primary connection or a crucial backup for critical systems. Its flexible design allows various security solutions to be added on top as needed.

Tobias Forsell, CEO at Forsway, “We are thrilled to launch this exciting partnership with ESA & SNSA. The new communication system will be a highly beneficial tool for security, government organizations, the energy sector and others demanding secure, robust, and fast communication where full control over the connectivity ecosystem is crucial. Xtend 5G can be employed in an open or closed network format. To meet strict requirements of government and public agencies, we will offer a highly customizable and fully secure solution to address their needs. Additionally, Xtend 5G will provide a robust backup connection for critical infrastructure installations that may be vulnerable due to geographical location.”

Antonio Franchi, ESA Head of the 5G/6G NTN Programme Office, “We believe hybrid communication technologies that integrate satellite, 5G NTN and mobile networks will play an important role in future connectivity ecosystems. ESA is interested in supporting private sector companies that can enhance ground segments for future satellite systems in Europe and boost regional capacity with comprehensive, dual-use technology and highly dependable connectivity. We are pleased to support Forsway in this unique project with funding, guidance, and expertise.”

About Forsway

Forsway Scandinavia AB offers innovative products and technology that combine satellite and existing telecom networks to provide broadband in areas with unreliable internet access. Their solutions are used for communication in defense and delivering educational content to rural schools. By using Forsway’s technology, operators and service providers save time and money since they don’t need to build extra network infrastructure.