Satellite IoT Company Astrocast Goes Public
25 Aug 2021
Astrocast lists on Euronext Growth Oslo LAUSANNE, Switzerland, August 25, 2021 – Astrocast SA, the leading Swiss I...
bidirectional satellite IoT customers
Marine Instruments, one of the world’s largest bidirectional satellite IoT customers, makes a strategic investment in Astrocast.
Marine Instruments is the world-leading producer of echo-sounder buoys for the maritime industry. The company, which was founded in 2003, has grown rapidly in the last decade thanks to their firm commitment to innovation and is currently leading the path towards sustainable fisheries with their vision of digital oceans.
Prior to making an investment, Marine Instruments developed a close relationship with Astrocast, having been deeply involved in its ongoing pilot program. They were attracted by Astrocast’s low cost, ultra-low power Astronode S terminal scheduled for launch early next year along with its highly competitive data plan pricing. As Astrocast’s network is based on the L-Band frequency, this provides Marine Instruments with the reliability they need to operate their buoys in all weather conditions while still utilizing low profile antennas.
ultra-low power Astronode S
down-link multicast functionality
Marine Instruments were also particularly attracted by the down-link multicast functionality that Astrocast’s network will offer; this will enable them to push substantial software updates to their buoys deployed globally.