Astrocast listing points to financing choices amid rapid growth in IoT nanosatellite sector

The listing of IoT nanosatellite operator Astroscast (Euronext:ASTRO) provides food for study in financing amid enhanced funding choices, rapid sector expansion and growing competition. Astrocast’s financial moves underline the options that small satellite operators have amid the popularity of SPAC transactions, Northern Sky Research Senior Consultant Alan Crisp told Connectivity Business. The startup and launch costs of small satellites are “substantially lower” than those for “traditional” constellations, pointing to […]

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