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) has announced participation in two significant investor events. Mark Dankberg, co-founder and executive chairman, will speak at the Morgan Stanley 4th Annual Space Summit on December 7, 2021, focusing on national security and the challenges in space. The event will take place in New York at 11:15 a.m. Eastern Time. Additionally, Viasat will engage in one-on-one meetings at the Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, which will be hosted virtually. For more details, visit Viasat's investor website.
Monteverde & Associates PC is investigating three companies regarding their proposed mergers. McAfee Corp. (MCFE) is under scrutiny for its acquisition by an investor group, offering shareholders $26.00 per share. Level One Bancorp, Inc. (LEVL) is exploring its merger with First Merchants Corp., with a proposed deal of $10.17 in cash and 0.7167 shares of First Merchants stock per LEVL share. Viasat, Inc. (VSAT) is also being examined for its merger with Inmarsat, involving $850 million in cash and 46.36 million newly issued shares. Investors can seek more information for free.
Viasat Inc. (NASDAQ: VSAT) has announced the operational readiness of its in-flight connectivity (IFC) network in China, developed in partnership with China Satellite Communications. This milestone allows both domestic and international airlines to provide passengers with seamless internet access while flying in and out of Chinese airspace. The network leverages Viasat's advanced Ka-band technology, offering high-speed internet that enhances passenger experiences and airline operations. This development meets the rising demand for IFC services in China's growing aviation market.
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.