Caption: D-Orbit co-founder and chief commercial officer Renato Panesi (left) with Kjell Karlsen, Astrocast’s chief financial officer.

Italy’s D-Orbit said Aug. 9 that it would launch 20 nanosatellites over three years for Swiss startup Astrocast with its orbital transfer vehicle.

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Jason Rainbow writes about satellite telecom, space finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information...