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 (NASDAQ: VSAT) is a global leader in advanced satellite communications, delivering secure broadband solutions to consumers, enterprises, and governments. This page provides real-time updates on corporate developments, technological breakthroughs, and strategic initiatives shaping the future of connectivity.
Access authoritative coverage of Viasat’s three core segments: Satellite Services (in-flight Wi-Fi, rural broadband), Commercial Networks (hybrid terrestrial-satellite systems), and Government Systems (secure defense communications). Track earnings reports, partnership announcements, and innovations in direct-to-device connectivity or phased array antennas.
Key updates include regulatory filings, contract awards with defense agencies, advancements in non-terrestrial networks (NTNs), and global expansion efforts. Investors gain insights into operational milestones impacting VSAT’s market position in satellite broadband and secure government solutions.
Bookmark this page for streamlined access to Viasat’s press releases and curated analysis. Check regularly for developments in multi-orbit satellite systems, spectrum licensing, and next-gen connectivity technologies critical to assessing the company’s trajectory.
Viasat (NASDAQ: VSAT) has partnered with Porter Airlines to equip 30 new Embraer E195-E2 aircraft with its advanced in-flight connectivity (IFC) solution. This initiative will enhance the digital passenger experience for longer routes, as the aircraft are set to enter service in the second half of 2022. Viasat's technology promises high-speed internet powered by its ViaSat-2 satellite and future capabilities from the upcoming ViaSat-3 satellite constellation. This collaboration marks a significant step towards expanding Porter's service network across North America and beyond.
Viasat Inc. (NASDAQ: VSAT) appoints Kevin Harkenrider as chief operating officer (COO), effective immediately. As a 15-year veteran of the company, Harkenrider brings extensive experience in senior leadership roles, previously serving as Executive Vice President, Global Operations. His new responsibilities include overseeing operational structures and aligning Viasat's innovation with strategic priorities. Harkenrider aims to enhance Viasat's global growth and operational focus amidst a compelling company vision.
Viasat (NASDAQ: VSAT) and Embraer (NYSE: ERJ) have signed a Buyer-Furnished Equipment agreement to incorporate Viasat's advanced In-Flight Connectivity (IFC) system as a factory option on Embraer's E2 aircraft. This partnership ensures airlines can deliver IFC services from day one of aircraft operation, improving passenger experience and reducing downtime associated with retrofitting. Multiple airlines, including Azul Airlines, are already opting for this factory-equipped version. Viasat becomes the first Ka-band IFC provider available on the E2 family.
On November 11, 2021, Viasat Inc. (NASDAQ: VSAT) was awarded the Gold Award of the 2021 HIRE Vets Medallion Awards by U.S. Secretary of Labor Martin J. Walsh. This recognition honors employers who excel in recruiting and retaining military veterans. Viasat, along with 848 other companies, met strict criteria for veteran hiring and support initiatives. Additionally, Viasat was listed among the top employers for veterans by Military Times in its 2021 Best for Vets: Employers List, highlighting its ongoing commitment to veteran employment.
Viasat Inc. (NASDAQ: VSAT) has launched its first Real-Time Earth (RTE) facility in Africa, located in Accra, Ghana. This initiative, developed in partnership with the Ghana Space Science and Technology Institute, aims to enhance earth observation and remote sensing services while creating new job opportunities. The facility features a 7.3M S/X/Ka-band antenna, enabling efficient data transmission and satellite services. With this addition, Viasat expands its RTE network globally to five continents, further solidifying its position in the satellite service market.
Viasat and Intercorp Perú Ltd. have announced a partnership aimed at enhancing digital inclusion in Latin America and the Caribbean. Utilizing Viasat's satellite-enabled Community Internet service, this collaboration will target underserved communities by providing affordable, high-quality internet connectivity. Initial service areas include Jamaica, Guatemala, and Honduras, with plans for expansion as new satellite coverage becomes available. Intercorp will support deployment efforts, leveraging its local expertise and distribution capabilities to facilitate the initiative.
Viasat Inc. (NASDAQ: VSAT) announced its second quarter fiscal year 2022 results on November 8, 2021. The company revealed a definitive agreement to acquire Inmarsat, which could enhance its global communication capabilities. Details on financial metrics were shared in a letter to shareholders, accessible via Viasat's Investor Relations website. A conference call on the financial results is scheduled for the same day at 8:00 a.m. ET, with a replay available shortly after. This acquisition positions Viasat for significant growth in the communications sector.
Viasat and Inmarsat have announced a definitive agreement for Viasat to acquire Inmarsat for $7.3 billion, comprising $850 million in cash, 46.36 million shares of Viasat stock valued at $3.1 billion, and $3.4 billion of net debt. The merger aims to create a leading global communications entity focused on broadband and IoT services, enhancing innovation and customer choice. The combined entity is expected to realize significant synergies, projecting mid-teens percentage revenue and EBITDA growth, with a fully funded path to positive free cash flow.
Viasat Inc. (NASDAQ: VSAT), a global communications leader, will release its second quarter fiscal year 2022 financial results on November 9, 2021, before market opening. This announcement includes a shareholder letter posted on the Investor Relations section of their website. A conference call and webcast will also take place the same day at 10:00 a.m. PT. The call can be accessed through specific dial-in numbers provided for U.S. and international participants. A replay of the call will be available for a limited time following the event.
Viasat, Inc. (NASDAQ: VSAT) partners with AEVEX Aerospace to enhance wildfire management for the U.S. Forest Service and Orange County Fire Authority. Utilizing AEVEX's GeoFOCIS 3D mapping software and Viasat’s high-capacity SATCOM, the collaboration aims to provide real-time situational awareness and data during wildfires. This technology enhances operational efficiency by delivering full motion video and vital information instantaneously, improving decision-making for firefighting personnel.
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