The Astronode S has been recognised by Electronics For You's Truly Innovative
Electronics as "SATCOM Module For Battery-Powered IoT Systems".

Lausanne, Switzerland, December 15th, 2022 - Astrocast, a leading global
nanosatellite IoT network operator, announces today that Truly Innovative
Electronics, an initiative of Electronics For You, has recognised the company
for introducing the Astronode S, A compact surface mount satellite communication
(SATCOM) module for highly integrated IoT systems.

Truly Innovative Electronics is an initiative by tech journalists of Electronics
For You magazine and Electronicsforu.com, South Asia's most popular electronics
media outlets. The mission of this initiative is to identify, recognise and
promote electronics components, boards and modules that are "truly innovative",
as they believe these are critical for solving challenges faced by tech
creators.

This recognition tops off a fantastic year of industry recognition for
Astrocast. Who was also recently awarded "Most innovative IoT-Satellite
Communications Company" by the World Finance Magazine's Innovation Awards 2022,
a renowned publication that honours excellence in various industries, with
categories ranging from innovation to digital banking, sustainability, ESG and
energy.

Earlier this year, Astrocast was also nominated for "IoT product of the year" at
the Computing's Technology Product Awards 2022 in August, which rewards the most
significant Internet of Things development of the past 12 months that deserve
industry-wide praise.

Astrocast launched earlier this year its commercially available cost-effective,
bidirectional satellite IoT (SatIoT) service to connect IoT devices globally
when outside of cell-based terrestrial networks at a comparable cost.
Accessibility to Astrocast's Satellite IoT service has the potential to
transform the business model for global IoT, opening the door to a raft of new,
powerful applications that will accelerate change and deliver tangible value to
businesses, individuals and the environment.
Using its satellite constellation in Low Earth Orbit, Astrocast offers
affordable connectivity for all and supports asset tracking, telemetry and
telematics applications. It fosters innovation across maritime, agriculture &
livestock, environment & utilities, land, transport, freight & storage, mining,
and oil & gas sectors.


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