In this paper, we present a research project named NEFO-CAST, that targets a very-short-term forecasting platform with high accuracy and small-scale spatial resolution. The innovative solution lies in adopting a new generation of interactive satellite terminals, called SmartLNB, that serves both as a weather sensor and the transceiver for the forecasting platform. Throughout the paper, we highlight the main features of the system, including the advantages compared to state-of-the-art solutions, the expected results, and the market perspectives.