astrocast a swiss firm developing tiny satellites that deliver internet access to all types of devices is seeking as much as 50 million swiss francs 54 million in a private placement ahead of a direct listing on the stock market the company which is backed by venture capital firm adit ventures airbus se’s venture arm and the european space agency is planning a direct listing of 30 to 40 of its shares in the third quarter executives said in an interview astrocast plans to list on one of euronext nv’s exchanges for small and midsized companies though it hasn’t decided which one they said