Swedish space executive Stefan Gustafsson joins Forsway Board of Directors
Stockholm, June 10th, 2025 – Forsway, a provider of hybrid/satellite-terrestrial solutions for broadband connectivity, announces 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 organizations
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.”
About Stefan Gustafsson
Stefan is a seasoned strategic advisor and board professional with a distinguished career spanning military and business leadership. He brings a wealth of experience and a broad international network, built through executive and board roles across both public and private sectors—including key positions in Sweden’s space and defence organizations.
From 2013- 2024 Stefan lead, developed, and delivered advanced space services to the global market as Chief Strategist at the Swedish Space Corporation (SSC). He currently holds several prominent board and advisory positions, including the space companies ECAPS, Ovzon, Frontgrade Gaisler and Frost Unmanned AB.
Forsway’s unique, innovative products and technology solutions combine satellite with existing telecom networks enabling broadband services for users in markets and segments lacking reliable internet access. Use cases include communication solutions for defence and delivery of educational content to rural schools. Forsway’s unique solutions eliminate the need to deploy additional network infrastructure, creating significant time and cost savings for operators and service providers.
The Forsway Xtend ecosystem is a complete toolkit and cost-effective hybrid satellite extension challenging the traditionally high cost of connecting hard-to-reach, underserved markets – rural areas in both emerging and established markets. Xtend is designed to remove the complexity of rolling-out satellite broadband to regions with limited infrastructure and monetize unused operator bandwidth. Learn more at www.forsway.com and follow us on LinkedIn, Twitter, Facebook and YouTube.
For additional information, please contact:
Forsway Media Contacts
Leslie Johnsen
Communications Director
Mob: +47 41 45 80 43
Email: leslie.johnsen@forsway.com
Tobias Forsell
Forsway CEO
Mob: +46 709 79 70 52
Email: tobias.forsell@forsway.com
Bengt Jönsson
Chairman of the Board
Mob: +46 708 22 31 77
Email: bengt.jonsson@forsway.com