Proof of Usefulness Report

Astrocast

Analysis completed on 1/14/2026

+39
Proof of Usefulness Score
You're In Business

Astrocast is a verified nanosatellite IoT operator with genuine technology and hardware in orbit, launched in 2014. However, the project submission contains demonstrably false claims (e.g., audience reach is 'everyone', traction claimed as 'most people have used my product'), which severely impacts the score. Externally verified data indicates the company faced significant financial distress, delisting from Euronext Growth in 2024, and generates low revenue (<$1M) relative to its capital intensity. While the technical innovation is high, the business viability is questionable and the submission quality is critically low.

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Score Breakdown

Real World Utility+64
Audience Reach Impact+10
Technical Innovation+90
Evidence Of Traction+15
Market Timing Relevance+32
Functional Completeness+5
Subtotal+38
Usefulness Multiplierx1.01
Final Score+39

Project Details

Project URL
astrocast.com
Description
Astrocast is a leading satellite communications company that specializes in providing global Internet of Things (IoT) connectivity solutions. With a focus on developing and deploying advanced nanosatellite networks, Astrocast enables businesses to track, monitor, and manage assets in remote and challenging environments where traditional connectivity options are limited or unavailable. The company's innovative satellite technology supports a wide range of industries, including agriculture, maritime, oil and gas, and environmental monitoring, offering reliable and cost-effective communication services. Through its commitment to innovation and sustainability, Astrocast aims to revolutionize the way businesses connect and interact with their assets worldwide.
Audience Reach
everyone
Target Users
everyone
Technologies
Iot, Climatetech, Space Technology
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline