Satellite IoT constellation pioneer Astrocast, unable to raise funding, to delist from Euronext Oslo market

by Peter B. de Selding

TUPPER LAKE, NY —Satellite IoT startup Astrocast SA, one of the pioneer New Space constellations that debuted commercial service in 2022 and has launched 18 satellites, appears to be the latest casualty of the tightening of global financial markets.

Switzerland-based Astrocast shares are traded on the Euronext Growth Oslo market. The company attempted a listing on the larger Euronext Growth Paris in 2022 but was unsuccessful.

The failed Paris listing forced cancellation of Astrocast’s planned acquisition of Dutch IoT startup

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