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Beskrivning

LandSchweiz
ListaEuronext Growth Oslo
SektorInformationsteknik
IndustriElektronisk utrustning
Astrocast är verksamma inom teknikbranschen. Bolaget är specialiserade inom utveckling av IoT-nätverk. Programvaran är egenutvecklad och används huvudsakligen för att koppla ihop nätverk och maskiner. Kunderna består av företagskunder verksamma i ett flertal olika sektorer som jordbruk, gruvdrift samt fordonsindustrin. Utöver huvudverksamheten erbjuds även diverse mervärdestjänster. Störst verksamhet återfinns inom Europa. Astrocast har sitt huvudkontor i Schweiz.
2022-04-20 09:00:00
Astrocast joins the 'Net Zero Space' initiative, set up by the Paris Peace Forum

Initiative aims to preserve the sustainability of future space missions



LAUSANNE, Switzerland / PARIS, France, 20 April, 2022 - Astrocast, the most
advanced global nanosatellite IoT network, today joins the 'Net Zero Space'
initiative, set up by the Paris Peace Forum. Committed to the long-term
sustainability of outer space, Astrocast joins satellite operators, launchers,
space agencies and academics in the initiative, with a collective aim of
achieving sustainable use of outer space for the benefit of all humankind by
2030.

While space exploration is growing, enabling innovation across a range of
sectors and use cases, the amount of orbital debris is increasing dangerously.
By uniting organisations from the private sector, civil society, and academia,
as well as public authorities and regulators, the initiative aims to address
this growing issue.

The news forms part of Astrocast's long-term commitment and pledge to
sustainability. The company already qualifies its satellites to withstand launch
and space conditions before thrusting them into space. This prevents parts of
the satellites from detaching, which not only risks damaging the rocket and
other satellites, but also contaminating the cosmos with fragments.

In order to keep track of satellites and prevent collisions, Astrocast also
works closely with the 18th Space Control Squadron to detect when objects come
too close to each other (this organisation tracks all man-made objects in Earth
orbit). If the object is non-active (space debris), Astrocast executes an
immediate collision avoidance manoeuvre. In the case of active objects
(satellites), the operator will first be contacted to coordinate an avoidance
manoeuvre. Equipping satellites with a unique on-board propulsion system enables
Astrocast to actively control its satellites and perform these manoeuvres.

In addition, Astrocast has successfully performed re-entry analysis to ensure
its satellites can safely de-orbit. The company can achieve this by actively
lowering the satellite's orbit to speed up its re-entry, or leveraging the
aerodynamic drag without performing any manoeuvre. This is important under
European Space Agency (ESA) guidelines, which state that operators should
dispose of a satellite within 25 years from the end of its mission - either to a
graveyard orbit or by bringing it back to Earth to be destroyed in the
atmosphere.

Commenting on the news, Laurent Vieira de Mello, COO at Astrocast, said: "With
the low Earth orbit set to host around 100,000 satellites by 2030, the issue of
space debris needs to be addressed urgently. In joining the 'Net Zero Space'
initiative, we pledge to strengthen our ongoing commitment to sustainability.
Ensuring all satellites are equipped with an on-board propulsion system enables
Astrocast to perform vital manoeuvres to prevent collisions and

therefore avoid contaminating the cosmos. In addition, further developing our
re-entry analysis allows us to make sure that satellites can safely de-orbit. We
are proud to join this initiative to work alongside space agencies, launchers
and academics to preserve the sustainability of space and missions in the
future."

Jerome Barbier, Head of Outer Space, Digital and Economic Issues at the Paris
Peace Forum, concluded: "Ongoing scientific research as well as the
international consensus among the space community indicates that collective,
concrete steps must be taken to prevent a rapid degradation of Earth's orbital
environment. By launching the 'Net Zero Space' initiative, we are calling for a
global commitment to achieving sustainable use of outer space by 2030 and are
delighted to have Astrocast on board."

This news coincides with the recent introduction of the space sustainability
rating (SSR), set up by the World Economic Forum, along with other international
partners. From this year, spacecrafts and satellites operators will be scored
based on measures taken to avoid collisions, satellites de-orbiting plans and
other space debris mitigation techniques.


About Astrocast
Astrocast SA is the most advanced global nanosatellite IoT network to tackle
challenges in industries such as Agriculture & Livestock, Oil, Gas & Mining,
Maritime, Environment & Utilities, and Land Transport. The Astrocast network
enables companies to monitor, track, assess, and communicate with critical
remote assets from anywhere in the world. In partnership with Airbus, CEA/LETI,
the European Space Agency, and Thuraya, Astrocast developed Astronode S, a
cutting-edge module featuring low profile L-band antenna, ultra-low power
consumption, and a small form factor. Founded in 2014 by a renowned team of
experts, Astrocast designs, builds, and tests all its products in-house, from
the satellites to the terminals. In addition to this, Astrocast is listed on the
Euronext Growth market in Oslo. For more information visit www.astrocast.com

About the Paris Peace Forum
At the occasion of the 4th edition of the Paris Peace Forum, actors from all
over the world concerned by the long-term sustainability of outer space have
launched the "Net Zero Space" initiative. From satellite operators to launchers,
from space agencies to academia and the civil society, all these stakeholders
gathered to call to achieving sustainable use of outer space for the benefit of
all humankind by 2030 by taking concrete actions so as to tackle the pressing
challenge of reducing debris orbiting Earth.
Read more here: https://parispeaceforum.org/en/initiatives/net-zero-space/


Media Contact - Astrocast
David Mieny / Emily Dutton
astrocast@neopr.co.uk
+44 (0)1296 733867