Astrocast satellite network. Photo: Astrocast

Astrocast will use Isar Aerospace’s launch vehicle to launch a satellite as part of its global nanosatellite IoT network, the companies announced Dec. 15. By the beginning of 2024, Isar Aerospace will launch Astrocast’s satellite on a rideshare mission to Sun-Synchronous Orbit (SSO) from its launch site in Andøya, Norway. The contract also includes options for the launch of additional satellites.

The Swiss IoT network company Astrocast aims to tackles the challenges in industries such as agriculture and livestock, oil, gas and mining, maritime, environmental, connected vehicles, and IoT devices. Its network will enable companies to monitor, track, and communicate with critical remote assets from anywhere in the world.

The company has already a constellation of satellites up and running in space. Recently the company went public in August 2021 and is listed at the Euronext Growth in Oslo. Astrocast is enlarging its global nanosatellite constellation and providing low-power modules to connect millions of IoT devices in remote, rural, and maritime areas.

“We are happy to sign this launch agreement with Isar Aerospace. As a European-based satellite operator, we are pleased to support European solutions for launch and are particularly happy that we get a chance to launch our satellite from Norway. Isar has presented us a great solution and we are looking forward to watch their progress as they move towards their maiden launch,” Kjell Karlsen, Astrocast CFO, said in a statement.