Swedish space executive Stefan Gustafsson joins Forsway Board of Directors

Forsway has announced the appointment of Stefan Gustafsson to its Board of Directors. Former Chief Strategist at the Swedish Space Corporation, and formerly a top leader of the Swedish armed forces. Gustafsson brings extensive experience from numerous board roles in both the public and private sectors, along with a strong track record in developing and delivering advanced space services on the global market.

In late 2024, Forsway secured a major development funding contract from the European Space Agency (ESA), with support from the Swedish National Space Agency (SNSA). As part of the Xtend 5G project, the company is building a next-generation 5G two-way hybrid satellite connectivity system designed to provide seamless broadband connectivity anywhere—in an open and closed network – optimal for public sector and defense organization.

Bengt Jonsson, Chairman at Forsway, “We are delighted to welcome Stefan to the Board. His deep industry knowledge and extensive network will provide strategic guidance as Forsway advances the Xtend 5G initiative and more, targeting key sectors such as government, defense, emergency services, and critical infrastructure across Europe.”

Tobias Forsell, CEO, Forsway, “As the Board evolves, I want to thank Mats Andersson, who has recently stepped down, for his invaluable contributions over the past decade, both as Chairman and Board member.”

- “Forsway’s innovative approach to hybrid satellite connectivity positions it  to deliver future-ready platforms for the space, defense, and public sectors, says Stefan Gustafsson. I look forward to working with the team to navigate today’s dynamic geopolitical environment and drive strategic market growth.”