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

Viasat and Space42 signed a binding agreement at World Space Business Week in Paris to formally establish Equatys, a shared space and ground infrastructure platform for direct-to-device and advanced MSS connectivity, with up to $1 billion in combined initial equity commitments from the two co-founders. Upon formation, Viasat is expected to be appointed prime technology contractor and the initial constellation tranche will be awarded; the architecture is designed to scale to 2,800 satellites across 60 orbital planes and three altitude layers. The venture operates on a Tower Company model where operators share infrastructure while keeping their own spectrum rights and customers.

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