Space42, Viasat Finalize Equatys Formation Deal, Each To Contribute $400M Initially With $200M More From Space42 In Future Round
Funding Commitment: Signing of binding agreement provides for up to USD1 billion in combined equity commitments from Space42 and Viasat as the initial co-founders of EquatysProgram Progression: Simultaneous signing of
Two space companies joined forces to start a new business together. Each put in $400 million now, with more money coming later to build it up.
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