PARIS — Broadband hardware and service provider ViaSat Inc., in a transaction that smoothes the company’s tricky entry into the European market, has entered into a cost-sharing program with the European Space Agency (ESA) to develop broadband satellite user terminals and gateway Earth stations for the ViaSat-3 network.
The Public-Private Partnership (PPP), which is an increasingly common structure used by ESA, will leverage ViaSat’s existing Swiss operation and feature an initial investment of 31.2 million euros, ($36.2 million), to be co-funded by both parties . . .
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