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 Inc. (NASDAQ: VSAT) announced that its Germantown, Md., and Marlborough, Mass., facilities have received the prestigious 2021 James S. Cogswell Outstanding Industrial Security Achievement Award from the U.S. Defense Counterintelligence and Security Agency. This award is given to less than 1% of the 13,000 cleared contractors in the National Industrial Security Program, recognizing excellence in industrial security. Viasat's previous award in 2020 showcases its commitment to high security standards and protection of classified information.
Viasat Inc. (NASDAQ: VSAT) has been recognized as one of the top 200 federal contractors by Bloomberg Government, ranking #106 on the BGOV200 list for fiscal year 2020. This marks a 15-spot improvement from the previous year. Viasat's Government Systems segment achieved record revenues exceeding $1.1 billion in fiscal year 2020. Additionally, for fiscal year 2021, revenues remained above $1 billion, and contract awards rose to $1.2 billion, reflecting an 11% year-over-year increase. The recognition highlights Viasat's dedication to providing effective communication solutions for defense and federal customers.
Flexjet and Viasat have partnered to enhance in-flight connectivity (IFC) on Flexjet's aircraft. Viasat will provide its high-speed Ka-band IFC service on Flexjet's Embraer Praetor 600 jets, making Flexjet the first fractional operator to offer such connectivity in the super-mid category. Additionally, Flexjet's Bombardier Global and Gulfstream aircraft will receive Viasat's Ku-band service, with plans to upgrade to Ka-band. This collaboration aims to deliver office-like connectivity at speeds over 20 Mbps, addressing growing data demands while ensuring service flexibility.
Viasat (NASDAQ: VSAT) announced a major milestone for its first satellite in the ViaSat-3 global constellation, now at Boeing for final integration and testing. This satellite, aimed at enhancing broadband capabilities for remote areas, features over 20 kW of power and a total capacity of 3 Terabits per second (Tbps). The launch is expected in early 2022, promising significant advancements in internet service delivery. Concurrently, development of the second and third ViaSat-3 satellites continues, with the EMEA payload projected for delivery later in 2022.
Viasat (NASDAQ: VSAT) has signed a Ka-band capacity lease agreement with Avanti Communications to enhance coverage and capacity across the Middle East and Western Europe. This deal aims to support Viasat's expanding global mobility and enterprise sectors, particularly in aviation, maritime, and energy. With a long-standing partnership, Viasat will utilize Avanti's HYLAS 4 and HYLAS 2 satellites starting October 2021, bolstering its market presence before the launch of its ViaSat-3 satellite. The arrangement will enable Viasat to attract new business and improve customer service in the region.
Viasat Inc. (NASDAQ: VSAT) announced the integration of its In-line Network Encryptor (INE) into the first Link 16-capable low earth orbit (LEO) satellite for the U.S. Air Force. This marks a significant development in military communications security, enhancing cybersecurity for mission data transfer and supporting over 100 Mbps throughput. The INE is designed for the LEO environment, enabling secure data flow across multiple levels, including telemetry and inter-satellite communications. Viasat aims to deliver high assurance, programmable crypto solutions that can adapt quickly using commercial off-the-shelf technology.
Viasat Inc. (NASDAQ: VSAT) showcased its advanced cloud-based communication technologies during the NICE Advanced Naval Technology Exercise (ANTX) held from April 5-15, 2021, at Camp Lejeune, North Carolina. The event, aimed at enhancing U.S. Navy and Marine Corps operations, highlighted Viasat's capabilities in secure ship-to-shore communications, agile communication node management, and electronic warfare operations. Viasat's ELITE kit and G-18 antenna demonstrated their role in ensuring reliable, on-the-move satellite communications, crucial for modern military operations.
Viasat Inc. (NASDAQ: VSAT) announced leadership changes with Evan Dixon promoted to President of Global Fixed Broadband and Craig Miller as President of Government Systems. Dixon has a proven track record in enhancing Viasat's broadband services globally, while Miller brings extensive experience in defense technology, overseeing a segment with over $1 billion in revenues. These appointments aim to strengthen Viasat's initiatives, especially with the upcoming launch of the ViaSat-3 constellation, reflecting the company's commitment to global connectivity.
Viasat Inc. (NASDAQ: VSAT) reported its fourth quarter and fiscal year 2021 financial results, emphasizing strong growth in revenue and demand for services. The results were disclosed in a letter to shareholders and are available on their Investor Relations website. A conference call was scheduled to discuss these results, allowing stakeholders to gain insights into the company's performance and future plans.
Viasat (NASDAQ: VSAT) has partnered with Delta Air Lines to enhance in-flight connectivity (IFC) by retrofitting over 230 additional domestic aircraft with Viasat's Ka-band satellite technology. This expansion follows the prior announcement of connectivity for over 300 Delta aircraft. The new IFC solution enables streaming, browsing, and app usage on personal devices, while a single antenna also supports live TV. Viasat's IFC system is compatible with its global satellite network, including the anticipated ViaSat-3 constellation, expected to significantly increase capacity.
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