Viasat Inc Stock Price, News & Analysis

Viasat has launched a new Network Operations Centre (NOC) and Cyber Security Operations Centre (CSOC) in Aldershot, UK, representing over £300m investment aimed at enhancing UK industries. This initiative is expected to create over 75 new jobs while providing advanced network and cyber security services to defense, government, and commercial clients. The facility will ensure network resilience and tackle sophisticated cyber threats, leveraging Viasat's extensive experience in protecting critical data and infrastructure.

Viasat Inc. (NASDAQ: VSAT) has secured a five-year contract extension with the Navy Exchange Service Command to provide managed internet, Wi-Fi, voice services, and high-definition TV at Navy Lodge® sites globally. This contract enhances services for sailors living in various accommodations and at Navy Morale, Welfare and Recreation facilities. Additionally, Viasat is now accepting the MILITARY STAR card for payments, offering discounts and rewards aimed at improving service quality for military personnel and their families.

Viasat Inc. (NASDAQ: VSAT), based in Carlsbad, California, announced participation in several upcoming virtual investor conferences. Notable events include the Raymond James 42nd Annual Institutional Investors Conference on March 1, 2021, featuring Executive Chairman Mark Dankberg, and the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 2, 2021, with CFO Shawn Duffy. CEO Rick Baldridge will present at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2021. Webcast details are available on their investor website.

Viasat (NASDAQ: VSAT) has been approved by the Department of Homeland Security (DHS) as a provider of Enhanced Cybersecurity Services (ECS), joining an elite group of commercial service providers. This accreditation comes after a rigorous audit of Viasat's cybersecurity capabilities. Viasat's ECS solution leverages its National Security Agency (NSA)-certified Trusted Cyber Sensor (TCS) to monitor network traffic while preserving customer privacy. The service enables clients to detect threats earlier, with the ability to analyze over 75,000 new threat indicators daily, enhancing overall cybersecurity posture.

Viasat (NASDAQ: VSAT) announced its KG-142 high-speed network encryptor is the first device certified under the new NSA Ethernet Data Encryptor Cryptographic Interoperability Specification. This encryptor supports data classification up to Top Secret and offers speeds of 20 to 200 Gbps, making it 10 times faster than previous encryption methods. The KG-142 is designed for critical applications in cloud computing, big data processing, and disaster recovery, ensuring robust cybersecurity and interoperability with government networks. The device is now available for purchase in multiple speed configurations.

Viasat (NASDAQ: VSAT), Gazprom Space Systems (GSS), and TMC LLC have signed a Memorandum of Understanding (MOU) to enhance in-flight connectivity (IFC) for airlines operating in Russian airspace. The collaboration aims to provide seamless IFC services for both Russian and international airlines, including roaming capabilities over Russia. Viasat will access Ku-band capacity on GSS's Yamal-401 satellite, leveraging TMC's telecom license. This partnership is positioned as a strategic move to integrate Russian air transport into the global aviation market, capitalizing on Russia's growing aviation industry and demand for high-speed IFC.

Viasat (NASDAQ: VSAT) has secured an $8.5 million contract from Airbus to upgrade the UK Ministry of Defence's Ultra High Frequency (UHF) satellite communications Network Control Stations. This upgrade will utilize Viasat's VISION software platform, enhancing mission situational awareness and communication capabilities for UK armed forces. The contract signifies a continued partnership, as Airbus has utilized Viasat's technology since 2012. The upgrade aims to facilitate better scalability and interoperability across legacy and next-gen platforms, ensuring operational efficiency without additional UHF space segment investment.

On February 8, 2021, Viasat (NASDAQ: VSAT) announced a successful demonstration of Beyond Line of Sight (BLOS) satellite communications for U.S. Army UH-60M helicopters. The technology showcased resilient command and control (C2) communications and enhanced situational awareness (SA) capabilities. Viasat's system delivered high-speed, usable data despite the helicopter’s rotating blades, offering substantial improvements over existing low-data-rate systems. The demonstration could significantly transform mission capabilities, enabling real-time intelligence and advanced connectivity for the Army.