Astrocast SA

Regulatory Filings • Jan 23, 2023

Astrocast Nominated as Best Connected Transport & Smart Vehicles Solution by IoT Solutions World Congress

Astrocast Nominated as Best Connected Transport & Smart Vehicles Solution by IoT Solutions World Congress

Lausanne, Switzerland, January 23, 2023 – Astrocast, a leading global nanosatellite IoT network operator, is proud to announce its nomination as the "Best Connected Transport & Smart Vehicles Solution" by the IoT Solutions World Congress for its collaboration with ArrowSpot on developing the ArrowTrack Sat.

The IoT Solutions World Congress is the leading international event for the Internet of Things and Industry 4.0, and the nomination is a testament to Astrocast's and ArrowSpot's commitment to providing cutting-edge technology to improve the connectivity and efficiency of transportation.

"We are thrilled to be recognized by the IoT Solutions World Congress for our collaboration with Arrowspot on developing the ArrowTrack Sat," said Fabien Jordan, CEO of Astrocast. "Our technology enables real-time data collection and analysis, allowing for better decision-making and improved efficiencies in transportation management. We are excited to see the ArrowTrack Sat being used to track and monitor containers, providing valuable insights to ships and logistics companies."

The ArrowTrack Sat is a powerful, low-cost, and low-power device that uses Astrocast's Low Earth Orbit (LEO) satellite network to provide reliable connectivity, allowing for the efficient collection and transmission of data from remote locations. In addition, the device is designed to track and monitor containers, providing valuable insights for preventing maintenance and thief control.

The IoT Solutions World Congress will take place from January 31 to February 2 in Barcelona, Spain.

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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 www.astrocast.com

Media Contact Astrocast

Fatima Vigil – Head of Marketing

media@astrocast.com