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 communications company focused on satellite communications, with activity spanning government SATCOM, mobility services, maritime connectivity, business aviation and emerging direct-to-device satellite services. The Viasat news feed on this page aggregates company announcements, press releases and other coverage so readers can follow how the business and its satellite network evolve over time.
Recent news from Viasat highlights developments in its integrated Ka-band network for government users, including a unified global Ka-band satellite communications network that combines Viasat satellites, the Global Xpress fleet and partner satellites. The company has also announced services such as Enhanced LAISR, an on-demand managed L-band service designed to support government airborne, maritime and land users with beyond line-of-sight connectivity.
Viasat’s news flow also covers its aviation and maritime offerings. Announcements have described Viasat Amara, a next-generation in-flight connectivity solution adopted by airlines, and NexusWave, a bonded multi-network service from Inmarsat Maritime, a Viasat company, that supports digitalization and crew welfare at sea. Additional updates include agreements with airlines and shipping companies to deploy these connectivity solutions across fleets.
Beyond transport markets, Viasat reports on its HaloNet and InRange services for launch telemetry and near-Earth space communications, as well as research on direct-to-device satellite connectivity for mobile users. Corporate governance and capital markets items, such as board appointments, equity plan changes and financial results releases, are also reported through company news and SEC filings.
Investors and followers of VSAT stock can use this news page to monitor product announcements, network expansions, customer agreements, research publications and governance updates that Viasat discloses through official channels.
Viasat (NASDAQ: VSAT) has received two research awards from the U.S. Department of Defense (DoD) under its $600M 5G research initiative. This collaboration aims to explore the implementation of 5G technology in military operations. Viasat's projects will focus on enhancing Command and Control (C2) capabilities and deploying secure 5G networks for Agile Combat Employment in contested environments. The research will span three years, utilizing Viasat's 5G solutions to improve situational awareness and network management in battlespace scenarios.
On September 14, 2021, Viasat UK Ltd, a subsidiary of Viasat Inc. (NASDAQ: VSAT), introduced the DARC-SSD, a next-generation data-at-rest encryption solid state drive. This device enhances data security for government and defense sectors, particularly in scenarios where devices may be lost or stolen. Utilizing 256-bit AES hardware encryption, DARC-SSD supports storage capacities up to 1TB and features a compact NVMe interface for compatibility with modern devices. Developed with input from the UK National Cyber Security Centre, it aims to protect sensitive information against growing cybersecurity threats.
Viasat Inc. (NASDAQ: VSAT) will host its 2021 Annual Meeting of Stockholders virtually on September 2, 2021, at 8:30 a.m. PT / 11:30 a.m. ET. The meeting will include a formal agenda and a presentation by Executive Chairman Mark Dankberg on Viasat's business strategy. Investors can join via webcast by visiting www.virtualshareholdermeeting.com/VSAT2021. A replay of the presentation will be available afterward on Viasat's Investor Relations website.
Viasat (NASDAQ: VSAT) and Telefónica Global Solutions (NYSE: TEF) have partnered to expand high-speed satellite internet access to businesses across Brazil. This collaboration allows Telefónica to be a wholesale distributor of Viasat's services, targeting areas lacking terrestrial internet. Data shows that internet use among Brazilian businesses rose during the pandemic, but many remain underserved. Viasat aims to enhance its offerings with next-gen satellite technology, ViaSat-3, set to launch in 2022, promising higher speeds and more capacity.
Viasat (NASDAQ: VSAT) has launched new payment options for its internet services, now available at 21,000 OXXO convenience stores in Mexico. This initiative addresses the cash-centric economy, allowing consumers and small businesses unable to access traditional banking to pay for services in cash. Since 2019, Viasat has been deploying satellite-based, affordable internet connectivity across the country, promising speeds up to 50 Mbps. The company aims to enhance digital inclusion for previously underserved communities, as highlighted by Kevin Cohen, General Manager of Viasat's Latin American fixed broadband business.
Viasat Inc. (NASDAQ: VSAT) announced its first-quarter fiscal year 2022 financial results on August 5, 2021. Detailed information is available in a letter to shareholders posted on their Investor Relations website. A conference call was held the same day at 10:00 a.m. Pacific Time to discuss the financial results. The company is committed to developing a comprehensive global communications network to enhance connectivity across various sectors, including consumer, business, and government applications.
Viasat Inc. (NASDAQ: VSAT) will release its Q1 fiscal year 2022 financial results on August 5, 2021, before market open. A shareholder letter will be posted on the Investor Relations section of its website. The company plans a conference call at 10:00 a.m. PT / 1:00 p.m. ET on the same day, accessible at (877) 640-9809 in the U.S. and (914) 495-8528 internationally, with conference ID 8959195. A replay will be available post-call until August 6, 2021.
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.
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