• Enables global delivery of D2D services wherever terrestrial networks are not available
• Creates industry-first space tower company model, implementing shared space and ground Non-Terrestrial-Network (NTN) infrastructure, lowering capital costs and improving spectrum utilization for all participants
• Facilitates evolution of existing Mobile Satellite Services to a 5G network environment

Paris, France – September 15, 2025 — Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company, and Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite and secure communications, today announced they intend to form Equatys, a jointly held entity, to enable global Direct-to-Device (D2D) services and evolving existing and planned Mobile Satellite Services (MSS) to a 5G network environment.