Astrocast

Astrocast

Plans to deploy 64 cubesat-class spacecraft by 2021 to support Internet of Things applications.

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$17.5m

Post IPO Convertible
Total Funding000k

Financials

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Revenues, earnings & profits over time
CHF202020212022
Revenues000000000000
% growth-106 %(57 %)
EBITDA000000000000
% EBITDA margin(838 %)(1657 %)(3424 %)
Profit000000000000
% profit margin(944 %)(2003 %)(4616 %)
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

More about Astrocast
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Astrocast is a Swiss-based startup that operates in the Internet of Things (IoT) sector, providing a comprehensive satellite IoT service. The company's primary focus is on offering global connectivity solutions to industries operating in remote regions of the world. These industries include Maritime, Agriculture & Livestock, Environmental & Utilities, Land Transport, Mining, Oil & Gas, and industrial IoT devices.

Astrocast's business model is centered around providing reliable and cost-effective communication services. They achieve this through their compact system size, affordable data plans, and optimized hardware and network for low energy operation. This ensures a longer battery life, making their service more efficient and cost-effective.

The company serves a broad range of clients, from small companies testing their technology to large enterprises deploying thousands of devices. They offer three different Astropreneur programs, each with varying levels of data service support. Clients can choose the program that best suits their needs.

Once a client's device is set up and running, they enter into a service agreement with Astrocast. The company operates on a dynamic pricing model, ensuring the most cost-effective pricing model is always applied.

In conclusion, Astrocast is a promising startup in the IoT sector, offering innovative and cost-effective global connectivity solutions to a wide range of industries.

Keywords: IoT, Satellite Connectivity, Global Coverage, Maritime, Agriculture & Livestock, Environmental & Utilities, Land Transport, Mining, Oil & Gas, Industrial IoT devices.

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Investments by Astrocast

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Hiber
ACQUISITION by FC Space Jun 2023