Astrocast acquires Hiber, accelerates OEM strategy
30 May 2022
Acquisition enhances direct-to-market strategy; accelerates OEM strategy; and increases penetration within the energy and asset tr...
Lausanne, Switzerland/Seattle USA, July 27, 2022 – Astrocast, a leading global nanosatellite IoT network operator, and Soracom, a global provider of advanced IoT connectivity, announce today a partnership to embed the Astrocast Satellite IoT (SatIoT) solution into the Soracom platform. This collaboration enables Soracom to offer integrators and end customers blended IoT connectivity options that comprise satellite and cellular connectivity. Since 85% of the globe has zero cellular coverage, Astrocast’s SatIoT solution will provide a key component to Soracom’s 20,000 plus customers across the world; with devices in areas where cellular coverage does not reach. Organisations can access Astrocast SatIoT by subscribing to the Soracom platform, taking advantage of the seamless, secure integration to a choice of cloud services. They will be able to make use of Soracom’s blended connectivity options or SatIoT alone.
Astrocast’s cost effective global SatIoT will enable Soracom’s customers to derive more value from their IoT investments. An array of organisations and use cases – of all sizes and types – will benefit from SatIoT connectivity. This range includes Smart Agriculture, preventive maintenance and asset tracking.
When Soracom was searching for a satellite IoT provider, several factors were important. Of note, this included global coverage, the cost model, the power efficiency of devices that would connect to the SatIoT network and, very importantly, the ease of operation of the Astrocast SatIoT platform and its integration into the Soracom solution.
“This is only the beginning of our journey with Astrocast. The power of IoT to transform operations is indisputable. What has been achieved to date is compelling; but there is so much more that can be achieved together. With an affordable and accessible IoT platform, Soracom’s addition of Astrocast SatIoT will transform the ease with which integrators and businesses of all sizes can explore the power of SatIoT.says Kenta Yasukawa, CTO, Soracom
“We want to work together with Astrocast, and our clients, to accelerate innovation by combining our joint depths of insight, and knowledge of IoT; with the expertise of individuals on the ground that are developing and using IoT for the integrators and customers that we work for. This way, we can ensure the most effective deployment of IoT”, explains Kenta Yasukawa.
“With 83% of organisations claiming to have improved efficiency by introducing IoT technology, it is little wonder that IoT solutions have the potential to generate $4-11 trillion in economic value by 2025. This is the first time a well-established communication provider like Soracom is expanding its global reach with satellite connectivity.”says Fabien Jordan, CEO and Co-Founder, Astrocast
“Furthermore, there is a significant pent up demand across many industries for IoT deployments across the 85% of the globe that currently has zero cellular coverage. The availability of cost effective, low power, bidirectional satellite technology is providing new opportunities for an array of organisations and use cases. The accessibility of the Soracom platform with Satellite IoT will give many integrators and organisations a chance to explore and develop a new dimension to their IoT platform”, explains Fabien Jordan.
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Notes to editor
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 and recently announced the acquisition of Hiber. For more information visit www.astrocast.com
Soracom is leading the democratization of IoT connectivity, offering robust solutions specifically designed to make it easy to build, operate, and scale IoT deployments. Founded in 2015, Soracom now serves more than 20,000 startups, SMBs and global enterprises across all industries, from agriculture, energy, construction and transportation to consumer electronics, manufacturing, real estate and healthcare. Customers trust Soracom for affordable, reliable connectivity that accelerates speed to market, makes it easy to connect to the cloud, and offers access to a worldwide partner ecosystem. More information is available at www.soracom.io.
Media Contact Astrocast
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