Space42 and Viasat Commit $1 Billion to Equatys Global Satellite Network
1 report, 1 independent
Updated Apr 16
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What happened
Space42 and Viasat announced a $1 billion investment in Equatys, a joint venture focused on developing a global direct-to-device satellite network. The technology aims to allow regular smartphones to connect to satellites, providing services in communication black spots such as the ocean, deserts, and mountains. Services from Equatys are expected to become available from 2029.
From thenationalnews.com
Why it matters
The investment leverages Space42's expertise in UAE space technology and its Foresight constellation, which can produce radar imagery up to 25cm resolution. This push aims to fill gaps in global connectivity by integrating terrestrial and satellite networks.
From thenationalnews.com