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MOBILE & TELECOMMUNICATIONS | Telecom Devices & Equipment / Satellite & Broadcast Network Equipment
astrocast.com

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Founded Year

2014

Stage

IPO | IPO

Total Raised

$15.47M

Date of IPO

8/25/2021

Market Cap

2.18B

About Astrocast

Astrocast is developing an advanced, low-latency, low-cost nanosatellite network for IoT applications.

Astrocast Headquarter Location

Chemin des Ramiers 20

Chavannes, 1022,

Switzerland

+41 (0)22 575 30 10

Latest Astrocast News

Wayra Germany to showcase Telefónica and Astrocast IoT collaboration in new 5G focused open innovation hub

Sep 6, 2021

Wayra Germany to showcase Telefónica and Astrocast IoT collaboration in new 5G focused open innovation hub 6 September 2021 Wayra Germany announced today that it is bringing Astrocast and Telefónica together for an IoT product collaboration in its new 5G Tech Lab. Wayra Germany is the open innovation hub of the telecommunications group Telefónica. Their goal is to identify start-ups that can work with Telefónica´s business units, starting with a pilot project. Astrocast delivers the world’s most advanced SatIoT services enabling companies to manage, track and measure remote sensors. Telefónica delivers consumer and industrial IoT solutions through its’ network and trackers. In this new collaboration, the Astrocast Astronode S will integrate with Telefónica trackers, enabling customers to track critical IoT assets anywhere in the world. The final proof-of-concept will be showcased in the 5G Tech Lab. “We opened this lab to develop new and innovative approaches to solving Telefónica customer’s greatest challenges. We enable startups and founders to explore the limits of 5G technology in a very hands-on way. There is currently no comparable infrastructure that is so easily accessible and equipped to such a high technical standard. The collaboration between Astrocast and Telefónica is the first of many and we are excited to begin the journey to developing solutions that allow customers to gain more out of their IoT investments and will soon be used in everyday life – for private or business purposes,” said Florian Bogenschütz, Managing Director of Wayra Germany. As part of the collaboration, Astrocast will integrate its’ module and antenna with the Telefónica tracker. Using the Astrocast nanosatellite network, this new product will enable direct-to-satellite, bi-directional communications between trackers in the world’s more remote regions and headquarters. Telefónica customers will be able to collect data from, and send updates and commands to trackers no matter where they are. “This is a first of its kind collaboration for us and it is exciting to work with Telefónica, in order to progress innovation in the IoT space into a real use case,” said Marcel Barat, Astrocast VP of Network Operations and Customer Success. Telefónica delivers state-of-the-art IoT equipment and connectivity for both personal and industrial use. With Telefónica sensors, customers are able to track, secure, optimize and even predict the maintenance needs of the assets they are tracking. From cars to people, Telefónica is enabling companies to create their own IoT journey. By collaborating with Astrocast they can take the journey further, faster. “The key IoT-use case is to never lose track of your assets. Using Astrocast nanosatellite network, we can extend our trackers’ reachability worldwide in order to enable customers to collect critical data in areas that were not reachable before in an economically reasonable way,” said Peer Lodbrok, Director MNC Germany & Switzerland of Telefónica Global Solutions. ‍ About Astrocast  Founded in 2014, Astrocast SA is the most advanced Satellite IoT Service provider for customers looking to track, monitor, manage, and communicate with assets in remote regions of the world. With the world’s most innovative nanosatellite network, Astrocast delivers a complete end-to-end, direct-to-satellite service featuring, state-of-the-art communication modules, and enterprise class services. Astrocast enables companies to enrich their IoT strategies with worldwide coverage without any location limitation. For more information on how you can take IoT further with Astrocast, visit  www.astrocast.com Tags

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Expert Collections containing Astrocast

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Astrocast is included in 3 Expert Collections, including Space Tech.

S

Space Tech

202 items

With rocket and satellite development costs falling, a regulatory embrace of private spaceflight (“new space”), and better remote sensing and data analytics capabilities, funding to space tech companies has rocketed from almost nothing in 2012, to approximately $4B in combined fu

O

Oil & Gas Tech

557 items

This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).

I

Internet of Things ( IoT )

3,149 items

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