Space42, Viasat sign agreement to co-found Equatys with up to USD 1 billion equity commitments

Reuters2026/09/14 05:07

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Viasat signed a binding agreement with Space42 to co-found Equatys, a shared space and ground infrastructure platform for direct-to-device connectivity.
Initial combined equity commitments of up to USD 1 billion, including USD 400 million each at formation.
Space42 may add USD 200 million in a later round open to third-party investors, lifting the founders’ total to up to USD 1 billion.
Viasat is expected to be appointed prime technology contractor once Equatys is formed, subject to customary closing conditions.
Equatys targets a scalable architecture designed to expand to 2,800 satellites, aiming to serve mobile operators using MSS or SCS spectrum.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ViaSat Inc. published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Space42, Viasat sign agreement to co-found Equatys with up to USD 1 billion equity commitments

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