Space42 Says Terrestar Solutions Joins With Equatys, Expanding Shared Satellite Infrastructure

Oct 28 (Reuters) - Space42 PLC SPACE42.AD:

• TERRESTAR SOLUTIONS JOINS WITH EQUATYS, EXPANDING SHARED SATELLITE INFRASTRUCTURE FOR GLOBAL DIRECT-TO-DEVICE

• EACH INFRASTRUCTURE OPERATOR WOULD RETAIN OWNERSHIP AND CONTROL OF ITS OWN SPACE AND GROUND ASSETS AND CUSTOMERS

• MOU TO COLLABORATE ON DEVELOPING OPEN, STANDARDS-BASED INTEROPERABILITY FRAMEWORK

• CASTAR WOULD OPERATE AS A SOVEREIGN CANADIAN SYSTEM WHILE INTERWORKING WITH EQUATYS GLOBALLY

• FRAMEWORK INTENDED TO ALLOW TWO SYSTEMS TO INTERWORK AS A COORDINATED MULTI-SYSTEM NTN INFRASTRUCTURE

• FRAMEWORK INTENDED TO BE EXTENSIBLE, TO ACCOMMODATE ADDITIONAL SATELLITE SYSTEMS, MOBILE NETWORK OPERATORS AND SERVICE PROVIDERS OVER TIME

• EACH OPERATOR RETAINS FULL OWNERSHIP AND CONTROL OF ITS OWN ASSETS

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