Welcome to our dedicated page for Viasat news (Ticker: VSAT), a resource for investors and traders seeking the latest updates and insights on Viasat stock.
Viasat Inc. reports developments across satellite communications, broadband connectivity, commercial mobility services and defense networking technologies. Company news commonly covers the ViaSat-3 satellite program, multi-orbit network expansion, in-flight connectivity platforms such as Viasat AMARA and Viasat AERA, and customer or technology collaborations in aviation, automotive and government communications markets.
Updates also include Defense and Advanced Technologies products such as Viasat Tactical Mission Fabric, secure edge-to-cloud networking, cybersecurity, tactical gateways, modems and waveform capabilities. Governance news has included board appointments, strategic review activity and cooperation agreements tied to shareholder engagement.
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Viasat Inc. (NASDAQ: VSAT) has confirmed the launch date for its ViaSat-3 Americas satellite on April 18, 2023, at 7:29 PM EDT. This satellite will be launched by SpaceX's Falcon Heavy from NASA’s Kennedy Space Center in Florida. Once in geostationary transfer orbit, the satellite will provide broadband services from 88.9° west longitude. The ViaSat-3 class of satellites is designed to deliver enhanced bandwidth economics and flexible capacity management across various regions including the Americas, EMEA, and Asia Pacific. The first two satellites are currently in testing phases, with substantial advancements in global service coverage anticipated.
For more details, visit viasat.com.
Viasat Inc. (NASDAQ: VSAT) announced the appointment of K. Guru Gowrappan as its new President, effective April 13, 2023. With over 20 years of executive experience in technology, Gowrappan previously served as CEO of Verizon Media Group and has held significant roles at Alibaba and Zynga. His prior leadership includes a focus on international growth and successful mergers and acquisitions. Mark Dankberg, Viasat's Chairman and CEO, emphasized Gowrappan's expertise in integrating large technology organizations and creating global partnerships, aligning with Viasat's growth strategy amid the pending Inmarsat acquisition and the ViaSat-3 constellation. Gowrappan expressed his commitment to enhancing customer experiences and driving innovation in the rapidly evolving satellite communications industry.
Viasat (NASDAQ: VSAT) has announced a collaboration with Microsoft Azure Orbital, making its Real-Time Earth (RTE) ground service available in the Azure marketplace. This partnership involves the establishment of five RTE sites with high-speed connectivity to Azure's cloud platform, enhancing the capabilities of commercial satellite operators. The RTE service offers Ground-Station-as-a-Service (GSaaS) to operators in various orbits, enabling efficient data downlinking with secure, low-latency connections.
This integration is expected to lower costs for satellite operators by leveraging Ka-band technology, which provides significantly higher bandwidth than traditional methods. Viasat aims to support the growing demand for rapid data delivery from remote sensing satellites while increasing resiliency and reducing latency.
Viasat recently introduced its Mercury Free Space Optical Communications (FSOC) terminal at the SOCOM Technical Experimentation event on March 21, 2023. This advanced communication solution is designed for high-capacity, resilient connectivity in military operations, particularly in contested environments. The Mercury terminal boasts data rates of up to 40 Gbps and a range of 70 kilometers. It addresses U.S. Department of Defense needs for reliable, low-detection communications, leveraging commercial-off-the-shelf technology for cost-effectiveness and high performance. The system features an automated pointing and tracking mechanism, enhancing its operational capabilities for various military applications.