Space42, Viasat to spend $1bn to get satellite JV off ground

emeaiw_equatys-funding

Source: Unsplash / Carl Wang

New platform venture Equatys’ co-parents prep fund for first phase of manufacturing and deployment, while moving to secure additional capital from third parties. Financing brings the JV a step closer to launching “space tower” proposition…

This article includes:

  • Organisations: Amazon Leo; AT&T; Bayanat; Deutsche Telekom; Equatys; Eutelsat; OneWeb; Open Cosmos; Orange; Space42; Starlink; T-Mobile US; Telefónica; Verizon; Viasat; Vodafone; Yahsat.
  • Geographies: Europe; France; Middle East.
  • People: Karim Michel Sabbagh.
  • Themes: 2GHz satellite spectrum; 3GPP standards; aviation communications; capital expenditure; direct-to-device services; debt financing; Earth observation services; equity investment; geostationary orbit satellites; government communications; highly elliptical orbit; Internet of Things (IoT); L-band spectrum; low-Earth orbit satellites; maritime communications; mobile network operators; multi-tenant infrastructure; satellite constellations; satellite deployment; satellite manufacturing; satellite services; S-band spectrum; space infrastructure; space tower model; spectrum sharing; terrestrial networks; telecommunications; user experience.

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