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Viasat (VSAT) Stock News, Apr-May 2023

VSAT Nasdaq

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.

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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.

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FAQ

What is the current stock price of Viasat (VSAT)?

The current stock price of Viasat (VSAT) is $74.38 as of October 6, 2026.

What is the market cap of Viasat (VSAT)?

The market cap of Viasat (VSAT) is approximately 10.2B.