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 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.
Viasat Inc. (NASDAQ: VSAT) announced that JetBlue has chosen its in-flight connectivity (IFC) solutions for new Airbus A220-300 and A321 Long Range aircraft. This collaboration enhances JetBlue's high-speed IFC service, operational since 2013, enabling free streaming and browsing for passengers. Additionally, Viasat will provide live in-flight TV, marking the first A220 aircraft equipped with Viasat connectivity, supporting up to 30 channels via seatback systems. This partnership strengthens Viasat's long-term relationship with JetBlue while enhancing passenger experiences.
On May 20, 2021, Viasat announced a multi-year partnership with the NBA to provide NBA League Pass to airline passengers during flights. This service offers live and on-demand access to NBA games at no additional cost when registered for NBA League Pass in-flight. Initially available on JetBlue, the service will be expanded to other airlines. The partnership aims to enhance the in-flight experience using Viasat's advanced satellite technology. NBA League Pass will provide comprehensive game coverage, including new features and enhancements for passengers aboard Viasat-equipped aircraft.
Viasat Inc. (NASDAQ: VSAT) has announced plans to release its fourth quarter and fiscal year 2021 financial results on May 25, 2021, before market opening. The results will be shared via a letter to shareholders on its Investor Relations website. Following the release, Viasat will host a conference call at 11:00 a.m. PT, which will also be available via a live webcast. A replay option will be provided for one day after the event. For over 35 years, Viasat has been committed to global communications.
Viasat Inc. has received a full suite of operating licenses from the Nigerian Communications Commission to provide satellite internet services in Nigeria. This includes an ISP license, a VSAT license, and three ESIM licenses, utilizing the 28GHz Ka-band spectrum. The initiative aims to connect underserved communities and improve internet access. Viasat is also set to launch its ViaSat-3 satellite, intended to enhance connectivity across Africa, Europe, and the Middle East in 2022. A trial program is already underway in five Nigerian communities.
Viasat (NASDAQ: VSAT) has successfully completed the acquisition of RigNet (NASDAQ: RNET) following approval from RigNet's stockholders on April 21, 2021. This strategic move enhances Viasat's capabilities in providing secure managed communications and expands its customer base in sectors like renewable energy and maritime.
The integration of RigNet’s technology and team is expected to accelerate Viasat’s growth in high-quality broadband connectivity.