Astrocast receives the "Most Innovative IoT-Satellite Communications Company"
award at World Finance Magazine's Innovation Awards 2022.


Lausanne, Switzerland, December 7th, 2022 - Astrocast announces today that the
World Finance Magazine has recognized them as the Most Innovative IoT Satellite
Communications Company in 2022 during the World Finance Awards 2022.

For the 16th consecutive year, the World Finance Awards honour excellence in a
variety of different industries, with categories ranging from innovation,
digital banking, sustainability, ESG and energy. World Finance is a renowned
publication providing comprehensive coverage and analysis of the financial
industry, international business, and the global economy. The magazine targets
an audience of finance professionals, and corporate and private investors, but
its lucid voice makes it intelligible and essential reading for anybody who
wants to understand the machinations of finance in the 21st century.

Astrocast launched earlier this year its commercially available cost-effective,
bidirectional satellite IoT (SatIoT) service, to connect IoT devices globally
when outside of cell-based terrestrial networks at a comparable cost.
Accessibility to Astrocast's Satellite IoT service has the potential to
transform the business model for global IoT, opening the door to a raft of new,
powerful applications that will accelerate change and deliver tangible value to
businesses, individuals and the environment.

Utilising its own nanosatellite constellation in Low Earth Orbit, Astrocast
offers affordable connectivity for all and supports applications in asset
tracking, telemetry and telematics