Astrocast's bidirectional Satellite IoT solution, utilising the L-Band spectrum,
will complement Wyld Connect and extend Wyld's capability to offer integrators
and end customers blended IoT connectivity options across the globe.
 
Lausanne, Switzerland/Cambridge, UK, December 14, 2022, Astrocast, a leading
global nanosatellite IoT network operator, and Wyld Networks (Wyld), a Virtual
Satellite Network Operator, announce today the signature of a multi-year
contract with an ambition to target a joint business of over 200 hundred million
messages. This will extend Wyld Networks' capacity and coverage to deliver
satellite IoT (SatIoT) data to its customers expanding operations in the most
remote areas of the world. 

Astrocast's SatIoT communication technology is powered by a fully operational
constellation of currently 14 satellites and provides users with data
connectivity in areas where terrestrial coverage does not reach. Data from this
SatIoT network will be transmitted through Wyld Networks' system for
distribution/connectivity to its end customers' applications. This approach
complements and extends Wyld's current satellite IoT offering to clients.

With 85% of the globe lacking terrestrial coverage, Astrocast's Satellite IoT
solution will provide Wyld's customers greater coverage in regions that are
typically remote, as well as a scalable solution to blend IoT operations and
application usage across the globe. Notably, Astrocast's technology is cost
effective for low data-rate use cases