Astrocast SA

Share Issue/Capital Change • Jul 29, 2021

Astrocast private placement successfully completed

Astrocast private placement successfully completed

Lausanne, Switzerland – [29] July 2021 - Astrocast SA (“Astrocast” or the “Company”), a leading Swiss IoT focused nanosatellite company is pleased to announce the successful completion of a private placement (the “Placement”) of 15,606,645 new shares (the “New Shares”), resulting in gross proceeds of CHF 47 million (NOK 455 million) to the company. Read full announcement attached.