Xsolla Celebrates International Women’s Day by Spotlighting Women in Games and Advancing Its Vision for Female Leadership

 

^{Graphic: Xsolla}


Accelerating Representation, Influence, And Leadership For Women Across The Gaming Industry

LOS ANGELES, March 9 (Bernama-BUSINESS WIRE) -- Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today reaffirmed its ongoing commitment to supporting women across the global gaming ecosystem through curated community initiatives, industry events, and thought leadership platforms in key growth markets, including Türkiye, Dubai, and Cyprus.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260308595758/en/ 

As the gaming industry continues to expand across emerging and high-growth markets, Xsolla is focused on empowering developers globally, including fostering a more inclusive ecosystem that gives women founders, studio leaders, publishers, and entrepreneurs greater access to visibility, networks, and opportunities.

Through a series of targeted industry gatherings and community-led discussions, Xsolla has actively supported conversations around women in leadership in gaming. Most recently, in Dubai, Xsolla hosted a dedicated event that convened women founders and senior leaders from across the Middle East and neighboring markets. As the MENA gaming market continues its rapid expansion, with revenues projected to reach $9.57 billion by 2030, the event provided a platform for open dialogue, knowledge sharing, and conversations on scaling studios for regional and global growth.

In 2025, Xsolla co-organized the Women in Games Cyprus conference alongside Axlebolt, WN, and the Women in Games Association, a dedicated gathering of more than 70 senior leaders featuring panels, roundtables, and workshops designed to help women and allies connect, collaborate, and grow together professionally and personally.

With a strong and rapidly growing gaming ecosystem that reached $1.01 billion in revenue in 2025, Türkiye represents another critical focus market. Home to a new generation of talented women professionals across the video game landscape, Xsolla sees significant opportunity to support this rapidly growing market by connecting regional talent to the global gaming industry through its international network and sector expertise.

By leveraging its suite of tools, partnerships, and events, Xsolla aims to:

• Increase visibility for women leaders and founders in gaming
• Encourage mentorship and peer-to-peer collaboration
• Facilitate cross-border connections between regional studios and global markets
• Support sustainable growth across emerging gaming hubs

“Representation matters, not only at the executive level, but across every layer of the gaming ecosystem,” said Ilayda Bayari, VP of Business Development EMEA at Xsolla. “By fostering mentorship, creating visible role models, and building meaningful connections between regional talent and global networks, Xsolla helps create real pathways for the next generation of women entering the industry. A more inclusive ecosystem drives stronger innovation, better decision making, and long-term growth for the entire ecosystem.”

Back at home in Los Angeles, Xsolla is championing female leaders within the organization and in the community who lead our teams across various roles, including Legal, Human Resources, Office Directors, Business Development, Training, and Customer Success. Our leaders are active participants in inclusive organizations across the industry and beyond, earning recognition from Women We Admire and OnConferences' Top Leaders, and contributing as speakers and hosts for events, including with Women in Games and Women in Games International. We believe in providing opportunities for growth and leadership through internal advancement, cross-functional collaboration, and active participation in industry organizations that support and celebrate women in gaming.

By supporting inclusive leadership and cross-border collaboration, Xsolla continues to contribute to a more connected and opportunity-rich global industry.

For more information about Xsolla and its gaming ecosystem initiatives, please visit: Xsolla.com

To learn more about how Xsolla celebrates International Women’s Day, visit: https://xsolla.pro/IWD-2026

About Xsolla

Xsolla is a global commerce company with robust tools and services to help developers solve the inherent challenges of the video game industry. From indie to AAA, companies partner with Xsolla to help them fund, distribute, market, and monetize their games. Grounded in the belief in the future of video games, Xsolla is resolute in the mission to bring opportunities together, and continually make new resources available to creators. Headquartered and incorporated in Los Angeles, California, Xsolla operates as the merchant of record and has helped over 1,500+ game developers to reach more players and grow their businesses around the world. With more paths to profits and ways to win, developers have all the things needed to enjoy the game.

For more information, visit xsolla.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20260308595758/en/

Contact

Media Contact
Derrick Stembridge
Vice President of Global Public Relations, Xsolla
d.stembridge@xsolla.com

Source : Xsolla

CGTN: JIANGSU PLAYS KEY ROLE IN STABILISING CHINA’S ECONOMY

KUALA LUMPUR, March 6 (Bernama) -- Economically strong provinces must maintain solid foundations and strong resilience against external shocks to help stabilise the overall national economy, as emphasised by Chinese President Xi Jinping, according to China Global Television Network (CGTN).

While taking part in a deliberation with his fellow deputies from the delegation of Jiangsu Province at the fourth session of the 14th National People's Congress, Xi called on the province to further strengthen its economic resilience, noting that Jiangsu’s economic performance reflects both scale and quality.

In a statement, CGTN reported that Jiangsu has maintained strong momentum with manufacturing as a central pillar.

The province’s manufacturing high-quality development index has ranked first nationwide for five consecutive years, reflecting strong industrial capability and innovation. From advanced equipment and integrated circuits to new energy and biomedicine, Jiangsu’s industrial ecosystem has enabled the province to remain competitive amid global supply chain adjustments.

Domestic demand has also shown strong vitality. A provincial football league has attracted more than 2.43 million spectators in 2025, demonstrating how sports, culture and tourism can stimulate consumption and unlock the potential of the domestic market.

President Xi also stressed that Chinese modernisation is defined by common prosperity for all, highlighting the importance of policies aimed at improving livelihoods.

Among the priorities is employment, with the government expanding work-for-relief programmes to support those facing difficulties in securing jobs. Flexible workers and those in emerging forms of employment will also gain broader access to social security programmes.

China will also implement an income growth plan for urban and rural residents aimed at increasing earnings for lower-income groups, expanding property income channels, and improving remuneration and social security systems.

Meanwhile, the draft government work report outlines measures to strengthen public services and social protection, including raising minimum basic old-age benefits for rural and non-working urban residents, introducing elderly care service vouchers, expanding maternity insurance coverage, and accelerating the development of childcare services.

-- BERNAMA

Cygnet.One emerges as a globally accredited e-Invoicing Platform & trusted across 14+ countries, aligned with IMDA, Singapore Compliance Mandates

 

SINGAPORE, March 6 (Bernama-GLOBE NEWSWIRE) -- Cygnet.One, a global provider of tax and digital compliance solutions across 40+ countries, recently announced its strengthened alignment with Singapore’s structured e-Invoicing framework under IMDA, reinforcing its capability to support enterprises preparing for evolving Singapore e-Invoicing mandates. Backed by country-specific accreditations and regulatory enablement, the platform enables enterprises to manage e-Invoicing compliance globally through one unified, enterprise-grade solution.

As regions such as APAC, Europe, MENA, and the UK accelerate the adoption of structured invoicing and digital tax reporting, enterprises face challenges related to fragmented frameworks, variations in schemas & validation rules, invoice lifecycle statuses, and evolving authority requirements further complicate compliance, limiting global visibility and governance. Cygnet.One addresses this complexity by offering a single global platform that supports all major e-Invoicing models, including PEPPOL and non-PEPPOL frameworks, Continuous Transaction Controls and real-time clearance as well as post-issuance reporting models, eliminating the need to deploy and manage separate solutions & providers across countries.

Cygnet.One is an Open PEPPOL-certified Access Point (AP) and Service Metadata Publisher (SMP). The platform is also accredited by major tax authorities such as IMDA (Singapore), BOSA (Belgium), GSTN (India – IRP), ZATCA (KSA), MOF (UAE), LHDN & MDEC (Malaysia), ZRA (Zambia) & others as an Application Service Provider (ASP) for e-Invoicing & VAT/GST compliance.

The platform manages the full e-Invoice lifecycle for Singapore based enterprises, including e2e ERP integration to fetch documents or manually generate documents from an intuitive product interface. It also validates data, sends or receives e-Invoices and archive e-Invoices across B2B, and B2G domestic transactions. For large, multi-entity enterprises & mid-size businesses, it enables analytics in one single dashboard. CygNova – Our AI-driven finance intelligence enables leaders to understand Accounting Payable and Accounts Receivable (AP & AR) health through natural-language insights for faster, data-backed decisions.

Cygnet.One is IMDA-accredited for Singapore e-Invoicing enabling generation, validation and transmission submission of e-Invoices to IRAS in SG PINT XML Format. The platform supports B2B & B2G e-invoices, generation of debit and credit notes, order exchanges, & other documents across sales and purchase transactions. As mandates expand beyond invoices to include orders, compliance shifts upstream, making ERP data accuracy, procurement and supply chain processes tax-sensitive from transaction & document type creation.

Trusted by 1,000+ enterprises globally, Cygnet.One is built on an API-first architecture also supporting other ERP integration mechanisms including file-based, and configurable pre-built connectors. This enables seamless e-Invoice compliance for both sales and purchase workflows without disrupting finance or procurement workflows. Flexible hosting options (on-premises, private SaaS, and On cloud) ensure scalability, data residency alignment, and reliability during peak compliance cycles.

Having processed 200+ million e-Invoices and 5 billion transactions, Cygnet.One combines scale with intelligence. Its architecture is engineered to support high-volumes, ensuring operational continuity as new mandates emerge across Europe and beyond. The platform is built with enterprise-grade security, encrypted data transmission, and compliance-aligned archiving.

Beyond technology, Cygnet.One actively collaborates with partners and industry leaders from CFOs to IT leaders to drive global e-Invoicing adoption and advance digital tax transformation.

Commenting on the development, Mr. Niraj Hutheesing, Founder & MD, Cygnet.One, said,
“Global e-Invoicing is becoming the backbone of digital tax transformation worldwide. What we are witnessing is not just a compliance shift, but a structural transformation toward real-time Tax Assurance. Our mission is to enable global tax transformation by embedding VAT intelligence directly into every transaction ensuring invoices are validated, audit-ready, and regulator-aligned at source. We want enterprises to move from reactive reporting to continuous, data-driven tax governance.”

Name: Niraj Hutheesing -

Number: +91-9824032919

Email: niraj@cygnetinfotech.com

Designation: Founder and MD

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35c78798-de2b-4e88-a25c-80016bd37ad7 

SOURCE: Cygnet Infotech Private Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

Xsolla Expands Global Payments Portfolio Across 18 Markets

 

KUALA LUMPUR, March 4 (Bernama) -- Xsolla, a global video game commerce company, has announced a major expansion of its global payments portfolio across 18 markets in Europe, the Middle East, Africa, and Asia.

According to Xsolla in a statement, this expansion enables developers to reach new paying users, improve conversion rates, and deliver payment experiences tailored to local player preferences.

Xsolla President, Chris Hewish said localised payments are among the most powerful drivers of conversion and growth for video game developers.

“By expanding our payment coverage across 18 markets, we are giving developers all the things they need to reach players with the payment methods they already trust without adding complexity to their operations,” added Hewish.

The newly supported payment methods include Local Amazon Pay in Japan, which provides fully localised checkout experiences in Japanese yen for over 100 million registered Amazon Japan accounts.

In Iraq, Zain Cash is expanding access to mobile-first payment options, where mobile numbers serve as primary digital identities for more than 40 million people, while Tamara, which operates in Saudi Arabia and the United Arab Emirates, offers flexible Buy Now, Pay Later options to more than 15 million users.

M-Pesa in Tanzania unlocks access to the country’s leading mobile money ecosystem with over 26 million accounts, whereas Zamtel in Zambia supports mobile money transactions for more than 4.3 million subscribers, covering over 20 per cent of the market.

Across Europe, the Aircash app and vouchers are now available in 12 countries, including Germany, Italy, Spain, Poland, and Austria, offering localised digital wallet and voucher options through a network of over 200,000 cash-loading points.

These integrations provide a seamless, localised checkout experience, allowing players to pay in familiar currencies using trusted local methods. For developers, this translates to broader global reach, improved conversion rates, and simplified operations without requiring custom payment integrations or local infrastructure.

-- BERNAMA

PTPTN and CIMB Islamic launch RM500,000 incentive pool to encourage responsible loan repayment among Malaysian youth

(From left) Haniz Nazlan, Chief Executive Officer of Group Consumer Banking, CIMB, Ahmad Shahriman Mohd Shariff, Chief Executive Officer of CIMB Islamic along with Mastura Mohd Khalid, Chief Operating Officer of PTPTN and Wan Zawiah Wan Abu Bakar, Senior General Manager, Corporate Communication & Marketing Department, PTPTN at the launch of “Setel PTPTN dengan CIMB”.
 

Bridges debt management and financial literacy through CIMB’s DURIAN-i account

KUALA LUMPUR, March 5 (Bernama) – CIMB Islamic Bank Berhad (“CIMB” or “the Bank”) has formalised a Collaboration Agreement with Perbadanan Tabung Pendidikan Tinggi Nasional (“PTPTN”) to promote positive financial wellbeing among PTPTN borrowers. This initiative integrates a RM500,000 cash prize pool into CIMB’s Shariah-compliant Daily Unrestricted Investment Account-i (“DURIAN-i”) ecosystem, leveraging the respective strengths of both organisations to encourage responsible financial behaviour and consistent repayment habits.

The partnership bridges the gap between debt obligations and wealth accumulation by incentivising PTPTN borrowers to utilise the DURIAN-i account. By linking loan repayments with a growthoriented investment account that offers exciting rewards, the initiative supports young Malaysians in balancing repayment obligations while taking early steps toward wealth accumulation and a more sustainable financial future.

This strategic collaboration is a vital step in ensuring PTPTN’s fund remains sustainable for the next generation. To date, PTPTN has assisted over 4.27 million borrowers in pursuing higher education, with total loan disbursements exceeding RM77.63 billion. By introducing the “Setel PTPTN dengan CIMB” Campaign from 1 January 2026 to 31 December 2026, PTPTN aims to demonstrate that fulfilling one’s duty to the fund can be both rewarding and a catalyst for personal financial growth.

Ahmad Shahriman Mohd Shariff, Chief Executive Officer of CIMB Islamic said, “We are pleased to partner with PTPTN as we work to empower Malaysians with the right tools to build a more secure financial future, in line with our purpose of advancing customers and society. Education financing is often the first major financial commitment for many Malaysians, and through this collaboration, we aim to go beyond banking products by supporting PTPTN borrowers with practical solutions and knowledge that encourage disciplined savings, responsible repayment as well as long term wealth creation. By integrating flexible offerings such as our DURIAN-i account, we seek to make the journey toward financial independence more accessible, meaningful and rewarding.”

Mastura Mohd Khalid, Chief Operating Officer of PTPTN said, “This campaign is one of the best platforms to encourage more borrowers to carry out their responsibilities so that PTPTN loans can be continued for future generations. In addition, through this campaign, PTPTN borrowers who win cash prizes are also given additional financial support and indirectly help them repay their loans or make savings.” 

The collaboration represents a natural progression of CIMB’s long-standing commitment to financial inclusion by embedding financial discipline and literacy directly into a product proposition that aligns incentives, savings and responsible repayment behaviour within a single ecosystem. Through CIMB Foundation, the Bank has continued to advance financial literacy initiatives for both university students and working adults via programmes such as Be$mart and JagaDuit, which PTPTN borrowers will be able to access as part of this agreement. 

The collaboration also promotes smarter financial management among PTPTN borrowers through CIMB’s DURIAN-i account under the “Setel PTPTN dengan CIMB” Campaign. Borrowers can manage repayments digitally while earning reward points through eligible transactions, increasing their chances of settling PTPTN loans of up to RM25,000. Eligible participants may also stand a chance to win gold bars to kick-start their investment journey when they deposit their savings into the DURIAN-i account. To participate, borrowers may open DURIAN-i account online or at any CIMB branch and make consistent PTPTN loan repayment through the account.

Beyond the campaign, PTPTN will be able to leverage CIMB’s extensive network and comprehensive financial solutions to roll out structured financial literacy programmes, empowering borrowers with practical knowledge in money management, savings, and investments to support long-term financial sustainability.

DURIAN-i is CIMB Islamic’s award-winning sustainability-linked investment account, recognised by The Banker as the Most Innovative Islamic Savings Product in 2024. Under this structure, funds are strategically invested into the Bank’s sustainable assets, offering a unique Shariah-compliant option that aligns personal financial growth with broader sustainable development goals. 

For more information on the campaign, please visit www.cimb.com.my/ptptn. 

About CIMB 

CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM89.0 billion as at 31 December 2025. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and the Philippines.

Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 576 branches and over 33,000 employees as at 31 December 2025. CIMB’s investment banking arm is one of the largest Asia Pacific-based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 91.45% shareholder of Bank CIMB Niaga in Indonesia, and 94.83% shareholder of CIMB Thai in Thailand. 

About PTPTN 

The National Higher Education Fund Corporation (PTPTN) was established under the National Higher Education Fund Corporation Act 1997 (Act 566) which came into effect on 1 July 1997. PTPTN commenced operations on 1 November 1997 and is responsible to managing loans for higher education purposes and collecting loan repayments; providing savings schemes and managing deposits for higher education purposes as well as performing any other functions entrusted to PTPTN by any written law.

The National Education Savings Scheme (Simpan SSPN) is a savings scheme or instrument created specifically by PTPTN for higher education purposes. Under Simpan SSPN, there are two products, namely Simpan SSPN Prime and Simpan SSPN Plus. 

​SOURCE: CIMB Group Holdings Berhad

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com

–BERNAMA

XSOLLA LAUNCHES UNIFIED CROSS-PLATFORM SDK TO STREAMLINE GAME MONETISATION

KUALA LUMPUR, March 4 (Bernama) -- Xsolla, a global video game commerce company, has announced the availability of Xsolla SDK, a unified, cross-platform software development kit that consolidates the company’s personal computer (PC), mobile and web monetisation tools into a single download.

Launched at the GDC Festival of Games 2026, the Xsolla SDK introduces built-in Payments, Login, Catalog and Offerwall integration, allowing developers to configure pricing and inventory once and deploy across all supported platforms without reconfiguration.

Xsolla President, Chris Hewish said game developers require tools that can operate seamlessly across platforms without adding technical burden.

“Game developers can trust the Xsolla SDK because it is built on a proven infrastructure already scaling with some of the world’s biggest games. No matter where developers are building, they now have access to the same powerful monetisation tools that streamline revenue and simplify payment integration,” he said in a statement.

The Xsolla SDK is powered by two decades of building payment and monetisation tools exclusively for game developers, with the company having processed more than US$10 billion in total payments and supported thousands of titles across different platforms, regions and regulatory environments. (US$1=RM3.93)

Through a single integration, developers can deploy their commerce capabilities to iOS, Android, PC and the web, including support for out-of-store distribution. The SDK also enables developers to activate Offerwall to generate incremental revenue from non-paying users through advertiser-funded rewarded tasks, without upfront costs.

In addition, developers can manage a single catalogue and shared inventory across in-app purchases, bundles, subscriptions, Offerwall and web shops, eliminating the need to reconfigure products and offers between different sales channels.

The development kit also allows developers to retain full ownership and operational control, including setting prices, managing offers and maintaining direct relationships with players. It further supports unified player identity and inventory across devices to help reduce churn caused by fragmented cross-platform experiences.

To support global expansion, the Xsolla SDK offers access to more than 1,000 payment methods across over 200 regions and 130 currencies. Xsolla operates as a merchant of record and manages tax, fraud prevention and regulatory compliance on behalf of developers.

-- BERNAMA

Space42 and Viasat to Share Progress on Equatys at Mobile World Congress

Companies advance plans for global system architecture and shared infrastructure for Direct-to-Device and other Advanced Mobile Satellite Services

BARCELONA, Spain, March 3 (Bernama-GLOBE NEWSWIRE) -- Space42, the UAE-based AI-powered SpaceTech company, and Viasat, Inc., a global leader in satellite communications, will discuss continued progress toward their planned direct-to-device (D2D) infrastructure and offer an early look at the priorities for Equatys, the companies' forthcoming joint entity, during a co-hosted program at Mobile World Congress in Barcelona this week. The program marks the first public showcase of Equatys' technical direction and commercial vision, reflecting its ambition to accelerate global D2D adoption.   This event brings together policymakers, regulators, and industry leaders to explore how competition, resilience, and sovereignty can be advanced simultaneously, along with enabling new business cases, turning space-enabled mobility into a shared success story for all.

Space42 and Viasat are the cofounders of Equatys, bringing together over 60 years of combined mobile satellite services experience. Equatys is designed as an independent, neutral, multi-participant shared infrastructure platform to extend 3GPP-based connectivity to the billions underserved by terrestrial networks. Since announcing Equatys in September 2025, the cofounders have advanced the program across initiation of venture formation, engineering development, and initial commercial engagement with Mobile Network Operators (MNOs), marking concrete progress toward phased deployment.

Mark Dankberg, CEO and Chairman of Viasat, said: "Space-enabled mobility is a foundational layer for global, seamless connectivity. With Equatys, we are building a platform that empowers nations, operators, and innovators to extend secure, affordable, 3GPP-aligned satellite connectivity to billions. This scalable global model ensures the full ecosystem of participants can benefit from lower barriers to entry, expanded supplier diversity and economies of scale, and stronger competitive dynamics across the value chain.   We are committed to delivering a frictionless end-user experience with seamless handover enabling choice for the carriers. "

Karim Michel Sabbagh, Managing Director of Space42, said: "Equatys reflects disciplined execution against a clear objective: combining the scale of terrestrial networks with the efficiency of space. The collaboration is rooted in Space42's strategy to become a global leader in Non-Terrestrial Networks, and to date has achieved significant engineering milestones, with subscription agreements underway, mobile network operators engaged, and international filings submitted. Equatys demonstrates how space-enabled mobility can modernize legacy Mobile Satellite Services, augment terrestrial networks in lacking areas, and unlock new services across markets."

Ali Al Hashemi, CEO of Space Services at Space42, commented: "Equatys is being built on the principle that shared infrastructure benefits all. The spectrum access model allows nations to retain their sovereign autonomy and licensee control, while advancing satellite capacity with significant cost savings. Combined with a standards-based architecture designed to allow seamless, automatic transition between terrestrial and satellite networks, we intend to scale space-enabled connectivity to those beyond traditional network reach." 

Constellation Architecture and Spectrum Strategy

The system is expected to operate initially in globally harmonized L- and S-band MSS spectrum, with technical capability to operate across over 100 MHz of globally allocated and coordinated MSS spectrum. By aligning with 3GPP standards, the platform will integrate terrestrial and satellite networks, enabling seamless transition when terrestrial service becomes unavailable. This will be done while preserving operators’ choice within the -Terrestrial Network ecosystem.

Operating on a Tower Co. model, Equatys intends to deliver the lowest unit cost of satellite capacity while preserving each partner's spectrum rights and sovereign interests. The model is designed to welcome additional cofounders, satellite operators, and spectrum holders as the ecosystem takes shape. Efficient payload and ground technologies are intended to minimize mass-to-orbit requirements while supporting long-term scalability and capital efficiency.

Equatys' shared multi-tenant infrastructure will be supported by up to 2,800 satellites across 60 orbital planes and three altitude layers, deployed by Viasat and Space42. The architecture is intended to densify without fundamental redesign, enabling ecosystem growth at a market-responsive pace and catering to billions of potential users as demand scales.

Commercial Momentum

Space42 has announced partnerships to explore Equatys-enabled D2D connectivity with e& UAE, the flagship telecom arm of global technology group e&, and with PT Telkom Satelit Indonesia (Telkomsat), Indonesia's national satellite operator.

These engagements reflect operator interest in extending coverage through integrated satellite-terrestrial architectures, aligned with national regulatory frameworks and 3GPP standards.

The venture remains subject to definitive agreements, regulatory approvals, and customary closing conditions. The companies intend to provide further updates as Equatys progresses toward formal establishment.

Mobile World Congress

As part of the co-hosted MWC program, Viasat CEO and Chairman Mark Dankberg and Space42 Managing Director Karim Sabbagh will conduct a Fireside Chat to discuss the opportunities and policies shaping the future of space-enabled mobility. The program will explore how the next generation of space-enabled connectivity can be designed to preserve competition, unlock new service capabilities, and align with sovereign priorities, while strengthening resilience and expanding choice.

Attendees can register for the Fireside Chat and other co-hosted panels [here].

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.

For more information, visit: www.space42.ai; follow us on X: @space42ai

About Viasat

Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are, on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube.

Copyright © 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Legal Notice and Cautionary Statement regarding forward-looking information

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements, identified by terms such as "expect," "will," or similar, are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction.

Contact: media@space42.ai

SOURCE: Space42 PLC

--BERNAMA