Astrocast Secures USD 17.5 Million Investment From Thuraya
Astrocast, the Swiss-based global nanosatellite IoT network operator, has secured a USD 17.5 million investment from UAE-based Thuraya Telecommunications, a subsidiary of Al Yah Satellite Communications Company PJSC. The agreement marks Thuraya's first investment in a Low Earth Orbit (LEO) satellite constellation. Astrocast and Thuraya initially entered into a technical cooperation agreement in 2019, which will now be extended for another four years. Also Read: Astrocast Completes Optimization of Satellite... Read More