Astrocast SA

Regulatory Filings • Jan 4, 2023

Astrocast launches four spacecraft; increases constellation to 18 satellites

Milestone of new satellites improves capacity and reliability of SatIoT network for clients

Lausanne, Switzerland & Cape Canaveral, USA, January 4, 2023 – Astrocast, a leading global nanosatellite IoT network operator, launched four Astrocast 3U spacecraft into space on Tuesday, 3rd January. This launch is a significant milestone for Astrocast's nanosatellite IoT network; and enables the company to increase its commercial constellation to 18 satellites – making Astrocast one of the top 3 LEO satellite operators in Europe, based on the number of commercial satellites currently in low Earth orbit.

These new satellites improve the capacity and reliability of Astrocast's network and will play a key part in providing to customers across the globe. This recent launch took place at Cape Canaveral Space Force Station, with D-Orbit's ION Satellite Carrier on the Transporter 6 mission with the SpaceX Falcon 9 rocket.

Fabien Jordan, CEO and Co-Founder of Astrocast, says, "This is another major achievement for our team, and our clients will continue to benefit from the growth and innovation taking place across our nanosatellite IoT network. We are diligently growing our reliable network, improving the overall performance of our global IoT services. We feel great about the progress to date and are on track to meet our goals for 2023 and beyond. This successful launch is a true credit to our team of engineers and IoT experts, and our partnership with D-Orbit."

Astrocast recently launched its satellite IoT Service in February 2022. It offers Systems Integrators and end users access to a cost-effective, bidirectional Satellite IoT service; and enables organisations to deal with global IoT connectivity challenges in remote locations of the world. For example, use cases include tracking shipping containers across the globe in order to monitor supply chains; or enabling farmers to command silos to release food, open gates or manage irrigation systems, without any need for expensive and often hard-to-source human interaction. Utility companies can remotely control water management systems in line with flood prevention strategies.

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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 inhouse, 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