Your next phone upgrade could include a satellite connection

SpaceTech Weekly Recap highlights key developments: Space42 and Viasat co-founded Equatys; Open Cosmos raised €300M; EnduroSat secured $205M; Isar Aerospace to start commercial launches; NASA awarded SpaceX three crew flights. Investors focus on scalable space infrastructure.

Space42 and Viasat agreed to form Equatys, a joint space and ground infrastructure platform for direct-to-device (D2D) connectivity. They will invest up to $1 billion initially. Equatys aims to extend mobile coverage to areas with limited terrestrial networks, leveraging their combined spectrum and operator relationships. Viasat will serve as the prime technology contractor. The project is designed to scale, with potential for infrastructure-grade returns and strategic partnerships.

Space42 and Viasat will invest up to $1B in Equatys, a joint venture for shared satellite and ground infrastructure. Viasat will contribute $400M initially, with Space42 adding $400M and potentially $200M more later. The venture aims to provide D2D connectivity and advanced mobile satellite services, with initial coverage planned by 2029. The system is designed to scale to 2,800 satellites.

Space42 and Viasat launched Equatys, a joint venture to deploy up to 2,800 satellites for direct-to-device connectivity. The companies committed $1B in equity. Equatys will share infrastructure and spectrum, aiming to reduce costs and expand global mobile coverage. Executives highlighted the venture's unique capabilities and market potential.

Viasat and Space42 are investing up to $1 billion in a joint venture, Equatys, for direct-to-device connectivity. Each will contribute $400 million, with Space42 adding another $200 million in a future round. Equatys will use 2,800 satellites and L-band, S-band spectrum to provide infrastructure for mobile operators. The venture aims to offer cost-efficient, shared infrastructure for connectivity.

Viasat and Space42 agreed to invest up to $1B in Equatys, a D2D JV requiring regulatory approval. Each will initially commit $400M, with an additional $200M from Space42 for future funding. The JV aims to deploy 2,800 satellites for connectivity in areas beyond terrestrial networks, with services expected around 2029. Viasat will serve as the prime technology contractor.