• About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News
Monday, July 7, 2025
  • Login
News Punjab
  • Home
  • Punjab
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Sports
  • Finance/Money
  • Others
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
  • Home
  • Punjab
  • India
    • National
    • State News
  • World
  • Business
  • Education
  • Entertainment
  • Lifestyle
    • Health & Fitness
    • Fashion & Beauty
    • Travel
    • Food
    • Photography
  • Tech
    • App News
  • Auto
  • Sports
  • Finance/Money
  • Others
    • Agriculture
    • Science
    • Astrology
    • Press Release
    • Religion
    • Social Work
No Result
View All Result
News Punjab
No Result
View All Result
Home Business

Astrocast seeks direct stock listing as investors gain a fortune

by News Punjab Desk
November 23, 2021
in Business
Reading Time: 1 min read
A A
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.

RELATED POSTS

Digital News Giant in the Making: Public Bytes TV on the Rise

Digital News Giant in the Making: Public Bytes TV on the Rise

June 7, 2025
LANXESS India awarded as Best Nicer Globe User Company by the Indian Chemical Council

LANXESS India awarded as Best Nicer Globe User Company by the Indian Chemical Council

November 8, 2024

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
ShareTweetShareSendSharePinSend
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

News Punjab Desk

News Punjab Desk

Related Posts

Digital News Giant in the Making: Public Bytes TV on the Rise

Digital News Giant in the Making: Public Bytes TV on the Rise

by News Punjab Desk
June 7, 2025
0

New Delhi , | June 07, 2025: In a rapidly evolving digital age where information flows at lightning speed, Public...

LANXESS India awarded as Best Nicer Globe User Company by the Indian Chemical Council

LANXESS India awarded as Best Nicer Globe User Company by the Indian Chemical Council

by News Punjab Desk
November 8, 2024
0

Mumbai, (Maharashtra), , November 08, 2024: Specialty chemicals company LANXESS India has won the prestigious ‘Best Nicer Globe User Company...

LANXESS India bags two Global Environment and Energy Foundation (GEEF) Global Awards

LANXESS India bags two Global Environment and Energy Foundation (GEEF) Global Awards

by News Punjab Desk
August 21, 2024
0

Global Safety Award in the Platinum category Global WaterTech Award in the Sustainable Water Management category              Mumbai, (Maharashtra) , 21st August...

Kshitij Polyline Ltd Expands Reach as Leading Manufacturer, Supplier, and Exporter in India

Kshitij Polyline Ltd Expands Reach as Leading Manufacturer, Supplier, and Exporter in India

by News Punjab Desk
July 20, 2024
0

Mumbai (Maharashtra), : July 20, 2024: Kshitij Polyline Ltd, a premier India-based manufacturer, supplier, and exporter, proudly announces its continued...

Collaborative initiatives with Taiwan will assist India in boosting its domestic economic growth

Collaborative initiatives with Taiwan will assist India in boosting its domestic economic growth

by News Punjab Desk
July 11, 2024
0

New Delhi, , July 11, 2024: In recent years, bilateral collaboration between Taiwan and India has not only boosted economic...

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

Leave a Reply Cancel reply

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

Kingston Reinforces Legacy of Performance with Refreshed XS Series External SSD Lineup

Kingston Reinforces Legacy of Performance with Refreshed XS Series External SSD Lineup

June 26, 2025
Digital News Giant in the Making: Public Bytes TV on the Rise

Digital News Giant in the Making: Public Bytes TV on the Rise

June 7, 2025
Lotus Derma Botanics Enters the Skincare Arena

Lotus Derma Botanics Enters the Skincare Arena

May 28, 2025

Categories

  • Agriculture
  • App News
  • Astrology
  • Auto
  • Business
  • Education
  • Entertainment
  • Fashion & Beauty
  • Finance/Money
  • Food
  • Health & Fitness
  • India
  • Lifestyle
  • National
  • Photography
  • Politics
  • Press Release
  • Punjab
  • Religion
  • Science
  • Social Work
  • Sports
  • State News
  • Tech
  • Travel
  • World
  • About Us
  • Advertise
  • Contact Us
  • DMCA
  • Privacy Policy
  • Follow on Google News

© 2022 News Punjab

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

© 2022 News Punjab

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In