Astrocast S.A.
ASROF
Other OTC0.95
USD
+0.08
- -
ISIN
CH1122548808
Return %
Stock
S&P500
1Y
- -
19.01
3Y
- -
65.48
5Y
- -
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Fabien Jordan
- Full Time Employees
- 50
- Sector
- Technology
- Industry
- Communication Equipment
- Address
- Chemin des Ramiers 20 Chavannes-Renens Switzerland 1022
- Website
- astrocast.com
- Similar Companies
- Business
- Astrocast SA (ASROF) operates a global nanosatellite Internet of Things (IoT) network, providing bidirectional satellite IoT connectivity services to monitor, track, and communicate with remote assets worldwide; its core products include the Astronode S, an ultra-low power miniaturized bidirectional communication module developed in partnership with Airbus, CEA/LETI, and the European Space Agency (ESA), compatible with inexpensive L-band patch antennas; the Astronode S+, a ready-to-install satellite communication device; the Astronode DevKit for prototyping and connecting assets to the network; and associated data plans, cloud services, and Astropreneur programs offering varying levels of support for development, testing, and commercial deployment. The company targets industries such as maritime, agriculture and livestock, environmental and utilities, land transport, mining, oil and gas, and industrial IoT devices, leveraging low-earth orbit (LEO) CubeSat nanosatellites with propulsion and deorbiting capabilities for sustainable operations and access to L-band spectrum through a strategic alliance with Thuraya. Founded in 2014 and headquartered in Chavannes-près-Renens near Lausanne, Switzerland, Astrocast serves customers globally with a constellation of operational satellites enabling low-energy, cost-effective connectivity in areas without terrestrial networks. Recent developments include the announcement of a $17.5 million convertible loan investment from Yahsat's mobility arm Thuraya in April 2023, accompanied by a four-year extension of their technical cooperation agreement originally signed in 2019; a planned acquisition of Netherlands-based IoT provider Hiber announced in 2022, which aimed to add products like HiberHilo for remote oil well monitoring and Hiber Easypulse for asset tracking, though later updates indicate contract termination by Hiber; partnerships such as with Digitanimal for livestock management in January 2023 and ArrowSpot for global asset tracking in December 2022; and a strategic delisting from Euronext Growth Oslo effective August 20, 2024, to facilitate access to private funding amid challenges raising capital as a public company, following its initial public listing in August 2021.