Space42 and Viasat Sign $1B Binding Deal to Launch Equatys Space Platform

Key Facts

In a move reflecting the accelerating investment in global space technology, UAE-based Space42 and US-based Viasat have signed a binding agreement to establish the Equatys platform. This partnership aims to build shared space and ground infrastructure focused on direct-to-device (D2D) connectivity and advanced mobile satellite services. According to reports, the two companies are committing an initial equity contribution of up to USD 1 billion upon the formation of the new platform to bridge terrestrial network gaps in populated metro areas.

This agreement strengthens Viasat's position in the growing space-tech market, as the new platform relies on the integration of shared satellite infrastructure between both parties. Per market data, Viasat shares (VSAT) closed at $74.31 on September 11, 2026, after reaching a day high of $75.95. This strategic step reflects the global expansion ambitions of both firms, leveraging the significant capital resources allocated to the venture.

Investors should monitor VSAT price levels following this announcement, as the stock stood at $74.31 (close of September 11, 2026) with technical support near the daily low of $73.05. Looking at the economic calendar, there are no direct space-sector catalysts scheduled for the coming days; however, attention will remain on the operational execution of Equatys as a primary future growth driver.