We introduce and investigate the space of equidistant X-cactuses. These are rooted, arc weighted, phylogenetic networks with leaf set X, where X is a finite set of species, and all leaves have the same distance from the root. The space contains as a subset the space of ultrametric trees on X that was introduced by Gavryushkin and Drummond. We show that equidistant-cactus space is a CAT(0)-metric space which implies, for example, that there are unique geodesic paths between points. As a key step to proving this, we present a combinatorial result concerning ranked rooted X-cactuses. In particular, we show that such networks can be encoded in terms of a pairwise compatibility condition arising from a poset