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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.
2022-03-22 14:29:58
Spaceflight Inc. and Astrocast Extend Launch Contract


Additional missions provide flexibility and support for growing IoT
constellation


LAUSANNE - March 22, 2022 - Astrocast, the most advanced global nanosatellite
IoT network provider and Spaceflight Inc., the leading global launch services
provider, today announced an extended multi-launch agreement (MLA). This
agreement will add two missions to accommodate Astrocast's fast-growing IoT
constellation which helps track assets in some of the world's most remote
regions.

In February of 2020, Astrocast and Spaceflight signed an MLA for the launch of
10 additional IoT nanosatellites, representing the sixth launch booked with
Spaceflight. In total, Spaceflight is now set to launch a majority of the
satellites that will complete the Astrocast IoT Nanosatellite Network.

Spaceflight has already managed the successful launch of 10 Astrocast
spacecraft, including demonstration models on Spaceflight's historic SSO-A
mission in 2018 and PSLV-C45 in 2019. The companies most recently partnered and
successfully launched an additional five nanosatellites on Spaceflight's SXRS-5
in January 2021.
"Flexibility is a key differentiator going forward," said Astrocast CFO Kjell
Karlsen. "Spaceflight has already demonstrated their flexibility in launch
timing and availability across multiple vehicles in our existing contract.
Assured access to space is critical for Astrocast to grow our constellation and
we're looking forward to working with Spaceflight to continue to efficiently
build out our constellation in orbit."
The uniqueness of Astrocast's constellation lies in a very low signal and small
antenna and terminal with long battery life. The small size lets the company put
the terminal on everything from fishing buoys to animals. For example, Astrocast
is helping its customers track illegal fishing, endangered animal species, and
heavy machinery in remote locations. By default, IoT solutions implemented in
many of these situations are deployed in remote locations - from mines to
farmland, ships to oil platforms. Astrocast's solution minimizes the need for
human intervention and repair, wherever possible, safeguarding the business
case.

"We're pleased to expand our relationship with Astrocast," said Curt Blake,
president and CEO of Spaceflight. "Having a portfolio of launch options and the
expertise to move quickly to accommodate changes is something we're very proud
of, and one that fast-growing constellation builders like Astrocast rely on."

During Satellite 2022 this week in Washington DC, both companies have been
nominated for prestigious industry awards. Spaceflight is being honored as of
Via Satellite's 10 Hottest Companies in Satellite and its Sherpa orbital
transfer vehicle (OTV) is a finalist for Via Satellite's 2021 Satellite
Technology of the Year award. Astrocast is nominated for a MSUA's 2022 Satellite
Mobile Innovation Award.

2022 promises to be a year of unprecedented innovation and leadership for
Spaceflight, with approximately 20 planned missions across its diverse portfolio
of launch vehicle partners. In January 2022, NASA named Spaceflight to provide
launch services for the agency's Venture-Class Acquisition of Dedicated and
Rideshare (VADR) missions. The company also successfully executed its first
launch with Astra last week, and plans to debut the next two variations of its
Sherpa OTV family with its much-anticipated quarter lunar slingshot mission, GEO
Pathfinder.



About Spaceflight Inc.

As the premier global launch services provider, Spaceflight is revolutionizing
the business of space transportation through its comprehensive suite of launch
services and Sherpa® orbital transfer vehicles. The company provides
unprecedented launch flexibility to ensure customers' smallsats get to orbit
exactly when and where they want through a combination of long-standing
relationships with a diverse portfolio of launch partners, innovative satellite
integration capabilities, including flight and ground support hardware,
licensing and logistics management, and extensive mission management expertise.
Based in Seattle, Spaceflight has successfully launched hundreds of satellites
and is a part of the Mitsui & Co., Ltd. portfolio, operating as an independent,
U.S.-based company. For more information, visit http://www.spaceflight.com.

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, Environmental, Connected Vehicles, and IoT Devices. 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, ultralow 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