Scroll News
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
  • Tech
    • App News
    • Gadgets
  • Auto
  • Others
    • Sports
    • Agriculture
    • Science
    • Astrology
    • Finance/Money
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
Scroll News
No Result
View All Result
Home Business

Astrocast seeks direct stock listing as investors gain a fortune

Scroll News by Scroll News
November 23, 2021
in Business
0
Share on FacebookShare on Twitter

Astrocast is a satellite service that connects a variety of devices, rather than Elon Musk’s Starlink services which focuses only on providing high-speed internet access to those who are unable to reach it by fiber optic cables.

Astrocast, a Swiss-based nanosatellite company, is looking for 50 million Swiss Francs ($54) in private placement to prepare for a stock market listing. The company plans to list on one Euronext NV’s small- and medium-sized business exchanges, much to the delight of investors. It anticipates the direct listing of between 30-40 per cent of its shares during the third quarter.

You May Also Like This

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025
Visionnaire At Salone Del Mobile Milano 2025

Visionnaire At Salone Del Mobile Milano 2025

May 27, 2025

The company is a pioneer in internet access for all devices, delivering innovative solutions to solve challenges in the agricultural, livestock, oil, gas, and mining industries. Adit Ventures was among the early investors in the company, other names included Airbus SE’s venture arm, Luxembourg based Boundary Holding, etc.

Astrocast used the investment to improve operational efficiency and expand its business. This resulted in significant growth. Investors who believed in the company’s vision, and their ability to move forward with the necessary speed, are pleased by the latest developments. Boundary Holding, headed by RajatKhare, has seen a 150 percent return on its investment and has also partially exited shares.

The company currently has seven satellites in operation, with Musk’s SpaceX launching five more. It is the first Swiss telecom satellite operator. The Astrocast nanosatellites offer 100 times greater communication speed and storage. According to its future plans, the company hopes to launch at least 100 satellites in the orbit by 2024.

Tags: Astrocastinnovationnanosatellite companyrajat khare astrocastrajat khare investor
ShareTweetShareShareSendSend
Previous Post

Rahul Hans: A Man behind the Success of Many Cloud Kitchens in India

Next Post

How Happy Homes India is the most suitable brand for your new dream home

Related Posts

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers
Business

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories
Business

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025
Visionnaire At Salone Del Mobile Milano 2025
Business

Visionnaire At Salone Del Mobile Milano 2025

May 27, 2025
Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth
Business

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

May 20, 2025
Mark Rober's Indian Expedition, Mark Rober, engineer, inventor, YouTuber, former NASA scientist
Business

Mark Rober’s Indian Expedition: A Confluence of Creativity, Collaboration, and Innovation

May 17, 2025
Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology
Business

Pahia: A Mohali-Based Startup Empowering Street Vendors with Technology

May 12, 2025
Next Post

How Happy Homes India is the most suitable brand for your new dream home

Inventateq Launches Cloud Based Free Course on Amazon Web Services for New Job Seekers

Media Trendz's Founder Rohit Kumar Wants to Transform the Digital Space

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Kingston launches its next-gen KC2500 NVME PCIE SSD in India

5 years ago

A virtual talk by Apollo Doctor on “Tiding Over Second Wave of Covid” held

4 years ago
Korea’s No-1 Noodles that bring the flavour this summer

Korea’s No-1 Noodles that bring the flavour this summer

3 years ago
People, potential and purpose – Leading the human way with Human Leadership Summit 2023

People, potential and purpose – Leading the human way with Human Leadership Summit 2023

2 years ago

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Gadgets
  • Health & Fitness
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World

Topics

Ace Entrepreneur actor Artificial intelligence Bangalore Bengaluru Blockchain technology BRICS CCI Content Creator COVID-19 Cryptocurrency CSIR DBT Delhi Digital Marketing DST Dubai Education entrepreneur entrepreneurship Fairplay Gujarat Gurugram Hyderabad IIT Delhi India Indian Institute of Technology Influencer Influencerquipo innovation Kingston Technology K Raheja Corp Homes memory products and technology solutions Mumbai Music Industry pandemic photography producer Pune real estate research Shan Se Entertainment Shantanu Bhamare social media Surat technology
No Result
View All Result

Highlights

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

INSD Vasai: A Bold New Chapter for Design Education in Palghar District

Visionnaire At Salone Del Mobile Milano 2025

Kingston Powers Tomorrow: Enabling the Future of AI with High-Performance Solutions at COMPUTEX 2025

Invisalign Treatment Delivers Predictable Results for Adult Patients, Achieving Complete Space Closure in as Little as 8 Months

Quick Scaleup Technologies: How a Patna-Based Startup is Powering Global Digital Growth

Trending

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers
Business

Say Hello to the Smartest Way to Sound — Ooka Audio Launches TWINS 707 Bluetooth Ceiling Speakers

by Scroll News
May 28, 2025
0

Just . . POWER IT. SYNC IT. PLAY IT. That’s how simple a great sound should be....

Lotus Derma Botanics Enters the Skincare Arena

Lotus Derma Botanics Enters the Skincare Arena

May 28, 2025
Combining NDT and DMI: A Comprehensive Approach to Developmental Delay

Combining NDT and DMI: A Comprehensive Approach to Developmental Delay

May 28, 2025
Smart Geek Visas Turns Immigration Dreams into Global Success Stories

Smart Geek Visas Turns Immigration Dreams into Global Success Stories

May 27, 2025
INSD Vasai: A Bold New Chapter for Design Education in Palghar District

INSD Vasai: A Bold New Chapter for Design Education in Palghar District

May 27, 2025
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Follow on Google News

© 2022 Scroll News

No Result
View All Result
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Home
  • Privacy Policy

© 2022 Scroll News