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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.
2023-07-24 07:00:00
Airbus partnership extension reaffirms commitment to support Astrocast's SatIoT
technology roadmap, reinforcing Astrocast's position as the leading provider of
cost-effective and reliable satellite IoT solutions.

Lausanne, Switzerland, July 24, 2023 - Astrocast, a leading satellite IoT
operator, announces the extension of its partnership with Airbus Defence and
Space (Airbus), a global leader in the aerospace industry. This partnership
enhances the capabilities of satellite Internet of Things (SatIoT) technology.
It enables Astrocast to further increase its network capacity to provide the
most reliable and cost-effective SatIoT solutions to its customers.

In recent years, the collaboration between Airbus and Astrocast has been
instrumental to Astrocast. Since 2017 this relationship has enabled Astrocast to
develop its communication protocol and modem software stack more effectively.
This forms a core part of Astocast's wider SatIoT technology. In building upon
this successful collaboration, both companies have agreed to extend their
partnership. Airbus will continue to provide extensive support to Astrocast,
focusing on further enhancing both the Bandwidth and the Quality of Service.

The reliability and quality of Astrocast's SatIoT connectivity is already well
recognized by the market since its commercial launch in 2022. Many organisations
are currently benefiting from it. This includes the EU's CiRROCCO initiative,
the EU's XGain initiative, and the likes of Avirtech, Digitanimal and ArrowSpot,
to mention a few. Through this partnership with Airbus, Astrocast expects to
continue capitalising on their shared technological successes and further
enhance SatIoT Bandwidth and Quality of Service for all customers. This will
allow them to benefit from a continuous improvement of data transmission
capacity, efficiency, latency and security. Customers will, in turn, be able to
further optimize their operational efficiency according to their needs.

"Through this partnership extension, Airbus reaffirms its commitment to
Astrocast's technology roadmap and its leadership in the SatIoT space. This
collaboration also lays the important foundation for potential convergences with
the future 5G NTN IoT communications standards that are currently in discussion
for LEO constellations. In time, these enhanced capabilities for collecting and
exchanging critical data with IoT assets from multiple applications will benefit
users across various key industries worldwide. Astrocast is not only poised to
address these challenges, its roadmap is designed to take them head on for the
industry. Therefore, we're excited about working together and achieving more
success," says François Gaullier - SVP Telecommunications and Navigation Systems
- Space Systems at Airbus Defence and Space.

"We are thrilled to deepen our partnership with Airbus and leverage its unique
expertise in advanced satellite IoT technology," says Fabien Jordan, CEO of
Astrocast." This collaboration reinforces our commitment to continuing to
provide our customers with the most reliable and efficient SatIoT connectivity
solutions on the market. With Airbus's support, we will further solidify
Astrocast's position as the go-to satellite IoT operator."

This extended partnership between Airbus and Astrocast strengthens the strategic
technology collaboration between the two companies, and will bring critical
benefits to their customers, and the SatIoT sector. It exemplifies Astrocast's
strong commitment to its customers -- and continuous enhancement of its core
technologies, that continue providing end-users the most reliable and
cost-effective SatIoT solutions on the market today. Furthermore, it underscores
the strong confidence Airbus places in Astrocast's capabilities, as they work
together to jointly push the boundaries of satellite IoT.


- ENDS -


About Astrocast
Astrocast SA operates a leading global nanosatellite IoT network, offering
services in industries such as Agriculture & Livestock, Maritime, Environment &
Utilities to name a few. The Astrocast network enables companies to monitor,
track, and communicate with remote assets from anywhere in the world. It relies
on superior L-band spectrum through a strategic alliance with Thuraya. In
partnership with Airbus, CEA/LETI and ESA, Astrocast developed Astronode S, an
ultra-low power and miniaturised module compatible with inexpensive L-band patch
antennas. Founded in 2014 by a renowned team of experts, Astrocast develops and
tests all its products in-house, from the satellites to the modules. Astrocast
is listed on Euronext Growth Oslo.

For more information visit astrocast.com



Media Contact
Fatima Vigil
media@astrocast.com