Viasat, Space42 Spending up to $1 Billion on Direct-to-Device Venture Equatys
The companies are planning a 2,800-satellite constellation that multiple tenants could use to provide connectivity
WASHINGTON, Sept. 15, 2026 – Satellite operators Viasat and Space42 are putting up to $1 billion toward a direct-to-device joint venture, the companies announced Monday.
The venture, called Equatys, will get $400 million from each company. UAE-based Space42 is expected to put up another $200 million in a future funding round.
