Rakuten and AST SpaceMobile form Rakuten AST joint venture for D2D satellite network in Japan

Rakuten and AST SpaceMobile have established the Rakuten AST joint venture to build a direct-to-device satellite communications network in Japan. Approximately USD 1 billion in funding was awarded from Japan's MIC to support deployment of a Japanese-flagged mid-band satellite constellation.

Detected & updated continuously · Source: Nebula