D-Orbit Announces Multi-Year Launch and Deployment Contract with Swiss Satellite
Internet of things (IoT) network operator Astrocast

The agreement covers the launch and deployment of 20 satellites, which are part
of Astrocast's growing constellation for the Internet of Things, over a
three-year time span.


Fino Mornasco, Italy, August 9, 2022: D-Orbit, a space logistics company,
announced today the signing of a multiple launch and deployment contract with
Astrocast, a leading Swiss IoT-focused nanosatellite company.

According to the agreement, D-Orbit will launch twenty of Astrocast's satellites
aboard ION Satellite Carrier, D-Orbit's versatile and cost-effective orbital
transfer vehicle (OTV) designed to precisely deploy satellites and perform
technology demonstrations of third-party payloads in orbit. The satellites,
which will join Astrocast's constellation of satellites for the Internet of
things (IoT), will be delivered to space over a period of three years, through
multiple missions. 

The first launch, scheduled no sooner than November 2022 aboard SpaceX's Falcon
9, will deploy a batch of four 3U satellites on a 500-600-kilometer Sun
Synchronous Orbit (SSO). 

"We are proud to continue this long-term collaboration with Astrocast, a leading
European IoT company," said Renato Panesi, D-Orbit's Chief Commercial Officer
(CCO). "Missions like these are establishing the ION Satellite Carrier as an
essential technology to enable innovative space applications that have the
potential to revolutionize how we do business here on Earth."

Two following batches of spacecraft, which include six 6U satellites and ten 6U
satellites, will be released in 2023 and 2024 respectively.

Astrocast's existing low latency nanosatellite IoT network offers customers
bidirectional communication between their devices and the company's global
network. As they continue to scale, with these launches Astrocast is investing
in their network to carry on providing organizations with a high-quality and
reliable SatIoT experience. This investment prepares Astrocast for the future
and builds further robustness, reliability and resilience into customers'
network.

"We are delighted to work with D-Orbit to extend the Astrocast constellation
over the next three years. Our relationship dates back several years and we are
pleased with the flexibility and different launch options that D-Orbit has
provided us. It is important for European space companies to work together to
find solutions that increase the competitiveness of European space, and we
believe that working with D-Orbit enables this for Astrocast. We are looking
forward to the launch on Falcon-9 and potential future missions on European
rockets," said Fabien Jordan, CEO and Co-Founder, Astrocast. 

END


About D-Orbit and Its Proposed Business Combination with Breeze Holdings 

D-Orbit is a market leader in the space logistics and transportation services
industry with a track record of space-proven technologies and successful
missions.

Founded in 2011, before the dawn of the New Space market, D-Orbit is the first
company addressing the logistics needs of the space market. ION Satellite
Carrier, for example, is a space vehicle that can transport satellites in orbit
and release them individually into distinct orbital slots, reducing the time
from launch to operations by up to 85% and the launch costs of an entire
satellite constellation by up to 40%. ION can also accommodate multiple
third-party payloads like innovative technologies developed by startups,
experiments from research entities, and instruments from traditional space
companies requiring a test in orbit. 

D-Orbit is a space infrastructure pioneer with offices in Italy, Portugal, the
UK, and the US