Markets VSAT

Space42 And Viasat To Launch Equatys For Global Direct To Device Services

(RTTNews) - SpaceTech company, Space42, and Viasat, Inc. (VSAT), a provider of broadband and communications products and services, Monday said that they intend to establish Equatys, a jointly owned entity.

Equatys aims to facilitate global Direct-to-Device (D2D) services and evolve existing and planned Mobile Satellite Services (MSS) to integrate with a 5G network environment.

Equatys is anticipated to integrate satellite and terrestrial networks using a platform which will be accessible to standard smartphones and IoT devices, enabling seamless connectivity.

The venture is expected to support over 100 MHz of harmonized MSS spectrum, already allocated in more than 160 markets. Commercial deployment is targeted within a 3-year timeframe.

Mark Dankberg, Chairman and CEO, Viasat, said, "Equatys will uniquely make possible a shared multi-orbit network of scale with standards-based open architecture to address the significant D2D and next-generation MSS market opportunity. By leveraging high performance transparent satellite architectures and shared infrastructure, the network will deliver cost efficient capacity and use 5G New Radio standards evolving the existing deployed MSS services including, for example, the safety of air, land, and sea."

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available