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 opened a new office in Dubai, UAE, enhancing its presence in the Middle East. This move aims to strengthen relationships with local government and customers, particularly in the aviation, maritime, and energy sectors. The office will support Viasat's ongoing collaboration with the Mohammed Bin Rashid Space Centre, showcasing Dubai as a hub for space innovation. The company is also set to expand its regional capabilities with the planned launch of its ViaSat-3 satellite constellation, which promises advanced broadband services.
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Viasat (NASDAQ: VSAT) has been awarded a Department of Defense (DoD) contract to conduct vulnerability assessments under a new pilot program aimed at enhancing cybersecurity for DoD weapon systems. This program will utilize Viasat's analytics-driven approach to automate security assessments. The contract marks Viasat as the first external cybersecurity team involved in this initiative, focusing on assessing complex weapon system architectures. Viasat’s extensive experience in cybersecurity for U.S. Government systems played a pivotal role in securing this contract.
Viasat Inc. (NASDAQ: VSAT) has introduced a unique direct service model for business aviation in-flight connectivity, called Viasat Select. This service offers tailored connectivity solutions, including global plans with uncapped data and no speed limits, leveraging Viasat's advanced Ka-band satellite capacity. Plans start with a sub-$3k regional option, designed to meet varying operational needs. Viasat anticipates further enhancement with its future ViaSat-3 satellite constellation. The service aims to simplify access to high-capacity connectivity while offering a single point of contact for customer support.
Viasat Inc. (NASDAQ: VSAT) announced the expansion of its Ka-band In-Flight Connectivity (IFC) services in Brazil, covering over 90% of key business aviation flight paths. Using capacity from the SGDC-1 satellite, business jets can access speeds exceeding 20 Mbps for seamless connectivity. This move positions Viasat to enhance its market presence in Brazil's burgeoning business aviation sector and pursue further opportunities in Europe and the Middle East through partnerships with Avanti Communications.
On September 28, 2021, Viasat (NASDAQ: VSAT) announced an expanded partnership with Collins Aerospace to provide its Ka-band in-flight connectivity (IFC) system for mid- and large-cabin business jets. This new agreement enables Collins Aerospace to offer all Viasat connectivity solutions, including high-speed services over 20 Mbps, lightweight hardware, and forward-compatible technology. The Ka-band system entered service in August 2021, enhancing passenger experiences in-flight and streamlining operations for corporate flight departments.
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.
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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.