Space42 and Viasat Sign Binding Agreement to co-found Equatys, Creating the First Shared Space and Ground Infrastructure Platform for Global Direct-to-Device and Advanced MSS Connectivity
Equatys Funding Commitment: Signing of binding agreement provides for up to USD1 billion in combined equity commitments from Space42 and Viasat as the initial co-founders of Equatys Program Progression: Simultaneous signing of agreement to step-up funding accelerates program development of the initial satellite constellation; Scalable constellation’s initial tranche to be awarded upon formation of Equatys with planned […]