Satellite IoT Company Astrocast Goes Public

Satellite IoT Company Astrocast Goes Public

25.8.2021 – Astrocast, the leading Swiss IoT- focused nanosatellite company, floated its shares on the Euronext Growth market in Oslo. Prior to the listing on Euronext Growth Oslo, Astrocast offered new shares to investors and raised CHF 45 million in capital. Several leading investors acquired new shares in Astrocast. Leading investors in the placement included the Swiss-based private equity firm DAA Capital Partners (DAA) which specialises in early-growth technology companies, Palantir, the leading builder of operating systems for the modern enterprise, and the seed and early-stage venture capital fund Primo Space Fund which focuses on space tech opportunities. And not forgetting the cornerstone investors who are a syndicate led by US-based Adit Ventures.

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Picture: (c) Astrocast 2021