Nanosatellite IoT network operator Astrocast has signed a multi-year contract with virtual satellite network operator Wyld Networks with an ambition to target a joint business of over 200 million messages.

This will extend Wyld Networks’ capacity and coverage to deliver satellite IoT data to its customers, expanding operations in the most remote areas of the world.

Astrocast’s satellite IoT communication technology is powered by an operational constellation of 14 satellites and provides users with data connectivity in areas where terrestrial coverage does not reach. Data from this network will be transmitted through Wyld Networks’ system for distribution and connectivity to its end customers’ applications. This approach complements and extends Wyld’s current satellite IoT offering to clients.

With 85% of the globe lacking terrestrial coverage, Astrocast’s satellite IoT can provide Wyld’s customers greater coverage in regions that are typically remote, as well as being scalable to blend IoT operations and application usage across the globe.

Notably, Astrocast’s technology is cost effective for low data-rate use cases; provides bidirectional communication that allows devices to send commands to and from assets; and ensures that applications have the capability to last remotely for many years thanks to low power consumption. These capabilities open the opportunity to develop use cases in sectors such as agriculture, energy and logistics.

“The power of IoT to transform business operations is irrefutable,” said Alastair Williamson, CEO of Wyld Networks. “Millions of sensors and devices are being added to the internet of things and the rate continues to accelerate. Wyld’s partnership with Astrocast will extend our ability to deliver additional coverage, use cases and data to businesses of all sizes who will benefit from the power of satellite IoT.”

Fabien Jordan, CEO of Astrocast, said 83% of organisations claimed improvement in efficiency when introducing IoT technologies into their businesses correctly.

“Our partnership with Wyld Networks represents a step further: to facilitate global IoT access,” Jordan said. “We’re looking forward to working together and a prosperous and innovative working relationship.”

Wyld Networks develops and sells wireless technology that enables affordable connectivity anywhere in the world, addressing the problems for businesses and people regarding the lack of global mobile network coverage. The technology is mainly targeted at wireless connectivity for the IoT and people.

Wyld Networks was formed in Cambridge, UK, in 2016 and is a wholly owned subsidiary of Swedish firm Wyld Networks AB.

Founded in 2014, Astrocast develops and tests all its products in-house, from the satellites to the modules.