Viasat, UAE's Space42 commit up to $1 billion to satellite connectivity venture
Viasat NASDAQ:VSAT and UAE-based Space42 ADX:SPACE42 said on Monday they signed an agreement to establish Equatys, a platform that aims to connect smartphones and other devices directly to satellites, and committed up to $1 billion in equity.Under the agreement, Space42 and Viasat will each make an…
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.