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else (Astrocast)

Astrocast, in partnership with the European Space Agency, Airbus, and Thuraya, is developing an advanced Nanosatellite network for the Internet of things (IoT). Our network will consist of 64 CubeSat satellites in Low Earth Orbit (LEO). The constellation will be configured with 8 planes of 8 satellites in polar orbit enabling global coverage with a maximum latency of 15 minutes. Astrocast is the first Nanosatellite IoT network to address this market need in remote areas and for urban LPWAN applications needing satellite backup. This is possible through the use of cost-efficient Nanosatellites, highly optimized communication protocols and hardware designed by Astrocast and Airbus. Astrocast raised CHF 3 Million in grants from ESA, CTI, and MdP (SEFRI). Additionally, in August of 2017, we closed on our seed round of CHF 4.1 million. We are currently raising CHF 15 million to support the launch of the first few planes of satellites.


Source: startup.ch

Highlights

More news about else (Astrocast)

08.01.2019 13:45

Astrocast launches three pilots to bring IoT into Space

Launch
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26.03.2018 09:55

Call for proposals: CHF 250’000 for space projects

Support
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14.12.2017 11:22

Astrocast closes oversubscribed seed financing round

Financing
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06.06.2017 10:21

>>venture>> finalists determined

Award
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07.04.2017 08:32

Ten start-ups selected for the venture leaders China program

Award
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24.03.2017 12:03

ESA and ASTROCAST to demonstrate satellite-based M2M communication

Success
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04.03.2016 14:10

Nine startups selected for the next Swiss Venture Day

FinancingSupport
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13.01.2016 09:17

L’internet des objets à l’échelle de l’espace

Success
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09.03.2015 08:16

Bogga Wind Power et ELSE - prêt Seed de la FIT

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