ONE CREATION has invested in Astrocast, a leading IoT communication company leveraging nanosatellite technology to provide secure connections globally.

Information on the Target

ONE CREATION has announced its investment in Astrocast, an emerging leader in dedicated IoT (Internet of Things) communications, headquartered in the Lausanne region. Founded in 2014, Astrocast is developing a global constellation of nanosatellites and low-power transmitter modules capable of providing secure bidirectional connections with any connected object, regardless of its location on the planet. By collaborating with major aerospace companies, Astrocast has secured advanced technology for both the development of its instruments and the necessary transmission means. This technological advantage allows the company to deliver cost-competitive solutions while maintaining superior service quality.

The company has successfully launched its first two nanosatellites, which are currently operational and performing at full capacity. Astrocast demonstrated its capability to launch, propel, position, and operate satellites within two hours of their launch. The company has already secured the launch of 50 additional nanosatellites by 2022, with a further 50 planned for 2024. This final constellation of 100 satellites is expected to provide optimal response times for bidirectional communications, positioning Astrocast as a key player in the sector and offering clients a cost-effective solution that integrates ultra-low energy consumption components.

Industry Overview

The IoT sector in Switzerland is experiencing significant growth, fueled by advancements in connectivity and the increasing number of connected devices. The Swiss government and various industry stakeholders are heavily investing in infrastructure to support IoT technologies, recognizing their p