Sunday, March 23, 2025
Daily Business Report

Daily Business Report: Wednesday, March 19th, 2025

Space42 and Viasat Announce Partnership to Explore Shared Global 5G Non-Terrestrial Network Initiative

Space42, (ADX: SPACE42), the UAE based AI-powered SpaceTech company with global reach, and Viasat, Inc. (NASDAQ: VSAT), a leading global mobile satellite services (MSS) operator in L- and S-band spectrum, signed a Memorandum of Understanding (MOU) to explore ecosystem partnership options for developing a 5G Non-Terrestrial Network (NTN) initiative. This collaboration between Space42 and Viasat is a major step towards expanding global satellite connectivity, enabling both companies to address the growing opportunities in direct-to-device (D2D) satellite communications to smartphones, narrowband Internet of Things (NB-IoT), as well as existing and next-generation MSS services. Independent research studies project the size of the satellite segment of the D2D market to reach $50B in 2032[1], in addition to more traditional enterprise and government MSS market segments that also hold substantial growth potential.

 

During the first phase of this partnership, Space42 and Viasat will conduct a series of partner-funded technical and commercial studies to develop a shared, or multi-tenant, multi-orbit 5G NTN infrastructure employing a standards-based open architecture. The infrastructure is intended to support use of a broad range of L-band, S-band and terrestrial spectrum to enable global roaming among regional network operators. The companies are exploring new technologies and sustainable system designs to make satellite networks more efficient and ready for 5G models and ensure compliance with the varying telecommunications regulatory frameworks of nations around the world. The collaboration follows industry best practices and guidelines developed by the Mobile Satellite Services Association (MSSA), leveraging licensed MSS satellite spectrum and open interoperable architectures based on 3GPP standards to ensure seamless integration with global telecommunications networks.

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Corrin Rankin Elected Chairwoman of California Republican Party

By Brad Jones | The Epoch Times

Delegates elected Corrin Rankin as the new chairwoman of the California Republican Party on March 16 at the CAGOP convention.

Rankin, the sitting vice chairwoman, defeated former state Sen. Mike Morrell (R-District 23) for the position. She succeeds Jessica Millan Patterson, who wrapped up her tenure at the helm of the state party leadership at the three-day convention over the weekend.

In her victory speech, Rankin told Republicans that her message is loud and clear.

“Change is coming to California,” she said. “It’s time to end the Democrats’ one-party rule and make California great again.”

Rankin urged Republicans to go “on the offense” at the grassroots level in every corner of the state to win more Republican seats.

“As California Republicans, we do not have the luxury of abundance. We must make every door knock, every phone call, every text message, and every dollar spent in the best way possible to win races,” she said. “The 2026 election cycle starts now. Let’s get to work.”

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Space42 and Viasat Announce Partnership to Explore Shared Global 5G Non-Terrestrial Network Initiative

Space42, (ADX: SPACE42), the UAE based AI-powered SpaceTech company with global reach, and Viasat, Inc. (NASDAQ: VSAT), a leading global mobile satellite services (MSS) operator in L- and S-band spectrum, signed a Memorandum of Understanding (MOU) to explore ecosystem partnership options for developing a 5G Non-Terrestrial Network (NTN) initiative. This collaboration between Space42 and Viasat is a major step towards expanding global satellite connectivity, enabling both companies to address the growing opportunities in direct-to-device (D2D) satellite communications to smartphones, narrowband Internet of Things (NB-IoT), as well as existing and next-generation MSS services. Independent research studies project the size of the satellite segment of the D2D market to reach $50B in 2032[1], in addition to more traditional enterprise and government MSS market segments that also hold substantial growth potential.

During the first phase of this partnership, Space42 and Viasat will conduct a series of partner-funded technical and commercial studies to develop a shared, or multi-tenant, multi-orbit 5G NTN infrastructure employing a standards-based open architecture. The infrastructure is intended to support use of a broad range of L-band, S-band and terrestrial spectrum to enable global roaming among regional network operators. The companies are exploring new technologies and sustainable system designs to make satellite networks more efficient and ready for 5G models and ensure compliance with the varying telecommunications regulatory frameworks of nations around the world. The collaboration follows industry best practices and guidelines developed by the Mobile Satellite Services Association (MSSA), leveraging licensed MSS satellite spectrum and open interoperable architectures based on 3GPP standards to ensure seamless integration with global telecommunications networks.

Read more