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Space42, Viasat Agree To Co-found Equatys With $1 Bln Commitment

Source: Nasdaq

Technology & InnovationInfrastructure & DefenseM&A & RestructuringArtificial Intelligence

Space42 and Viasat agreed to formally establish Equatys, a shared space and ground-infrastructure platform. The partnership combines Space42's UAE-based AI-powered space technology capabilities with Viasat's satellite and secure-communications operations, potentially strengthening both companies' positioning in satellite connectivity infrastructure.

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