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Viasat and UAE-based Space42 have launched a joint venture to expand their direct-to-device services and build out a 100+ MHz network across 160 markets.
Viasat and Space42 signed a memorandum of understanding (MOU) in March to explore how to secure a significant share of the growing direct-to-device market.
The joint venture created between Viasat and Space42 is named Equatys.
Space42 was awarded in the Smart City - Transportation and AI-Satellite categories at the 2025 Middle East Technology Excellence Awards.
Space42 was recognized for its TXAI autonomous mobility platform and Thuraya-4 communications satellite.
His Excellency Lieutenant General Ibrahim Nasser Al Alawi visited Space42 headquarters to highlight its role in the UAE National Space Strategy 2030.
Karim Sabbagh, Managing Director of Space42, discussed the Map Africa project with Microsoft and Esri for creating high-precision base maps for Africa.
The partnership between Space42 and Angola aims to enhance Angola's sovereign space capabilities.
The MoU between Space42 and Angola was formalized during UAE President Sheikh Mohamed bin Zayed Al Nahyan's state visit to Angola.
Abu Dhabi-based Space42 signed a Memorandum of Understanding with Angola’s Military Intelligence and Security Service to extend its satellite services to Angola.
Space42 aims to position itself as a challenger to incumbents like Starlink in the provision of data and communications in Africa.
UAE’s Space42 is advancing plans to expand across Africa to scale its Earth-observation and connectivity services.
Representatives from the Middle East at WSBW 2025 include Ali Hashem Al Hashemi, CEO of Space Services at Space42, and Salem Humaid Al Marri, Director General of Mohammed Bin Rashid Space Centre.
Space42's strategy is based on leveraging its geospatial mapping capabilities to support agriculture, urban planning, and natural resource management.
Space42's expansion into Africa marks its most significant step beyond MENA to date.
Space42 closed H1 2025 with USD 816 million in cash and short-term deposits.
Space42 secured a USD 700 million Export Credit Agency-backed financing facility.
Space42 maintained margins and demonstrated strong operational optimization during H1 2025.
Space42's primary focus is to manufacture and deploy the Foresight system, which includes seven latest-generation Earth observation SAR-based satellites.
Space42 announced a normalized net profit of USD 53 million for the first half of 2025.