Astrocast is a Switzerland-based company that specializes in nano-satellite technology. It is known for having most satellites in orbit, other than being a leading satellite telecom operator in the country. Astrocast recently participated in SpaceX’s first “rideshare” mission, launching 5 of the 143 satellites which accompanied the Falcon 9 rocket into orbit. The investment from Boundary Holding will support Astrocast’s to create a global, low latency transmission IoT Network, which enables companies to track, measure, manage, communicate and control IoT assets even from the world’s most remote regions. It will also help Astrocast develop its operations across various industries, such as maritime, mining and agricultural, besides increasing its brand visibility across multiple markets around the world.