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) announced its first quarter fiscal year 2021 financial results, which are available on its investor relations website. The company will conduct a conference call to discuss these results on August 7, 2020. Participants can join via phone or online. Viasat has a strong focus on developing a global communications network to provide secure and fast connections across various platforms. More details are accessible on the company’s website.
Viasat Inc. (NASDAQ: VSAT) announced that CEO Mark Dankberg will deliver a keynote address at the Virtual IEEE International Microwave Symposium (IMS2020) on August 5, 2020. The conference focuses on the future of space-based internet connectivity, addressing the growth of satellite broadband and its potential to connect underserved communities. Dankberg's keynote will explore regulatory and environmental impacts, orbital dynamics, and global bandwidth demand in the context of emerging space broadband networks. Interested media can contact Viasat for more information.
On August 3, 2020, Viasat (NASDAQ: VSAT) announced the launch of its Dynamic Video Encoding (DVE) technology, designed to optimize video transmissions for military aircraft during Intelligence, Surveillance, and Reconnaissance (ISR) missions. This technology enhances bandwidth usage, adapts video quality based on available data rates, and allows for seamless configuration across security boundaries. The DVE capability promises substantial improvements in video quality and data management for military operations, ultimately supporting mission success and command capabilities.
Viasat (NASDAQ: VSAT) will release its Q1 FY2021 financial results on August 6, 2020, after market close. The financial data and a shareholder letter will be accessible on its investor relations website. Following this, a conference call and webcast are scheduled for August 7, 2020, at 5:30 a.m. Pacific Time. Participants can join by calling the provided numbers and referencing the conference ID 6073266. A replay of the call will be available from later that day until August 8.
Viasat Inc. (NASDAQ: VSAT) announced the completion of a $175 million common stock investment from affiliates of Intercorp and Baupost Group. The investors acquired 4,474,559 shares at $39.11 per share, representing a 2.6% premium over the prior day's close. Proceeds are intended for general corporate purposes, including satellite operations, acquisitions, and working capital. CEO Mark Dankberg emphasized the importance of expanding internet connectivity globally, highlighting this investment as pivotal for Viasat's strategic expansion in Central and South America.
Viasat UK Ltd., a subsidiary of Viasat Inc. (NASDAQ: VSAT), has announced a collaboration with Cyber1st to enhance secure voice and data services for commercial customers and the UK Ministry of Defence (MOD). This partnership aims to advance cryptographic capabilities and strengthen network protection against cyber threats. Viasat UK is also establishing a sovereign Cyber Security Operations Centre and is recognized for its unique Type 1 network encryption. The collaboration emphasizes the delivery of high-grade cryptographic solutions, positioning both companies for wider market opportunities.
Viasat (NASDAQ: VSAT) has officially launched its Real-Time Earth (RTE) facility in Alice Springs, Australia, providing Ground-Station-as-a-Service (GSaaS) for earth observation and remote sensing. In partnership with the Centre for Appropriate Technology Ltd and Indigenous Business Australia, the facility aims to enhance data delivery for various industries, supporting both legacy and next-generation satellites. The project involved a $1 million investment in local businesses and has facilitated skill development for Aboriginal workers. This facility will complement existing Viasat RTE sites globally.
Viasat (Nasdaq: VSAT) has announced the pricing of its $400 million offering of 6.500% Senior Notes due 2028, set to close around June 24, 2020. The notes will be issued at face value and guaranteed by Viasat's domestic restricted subsidiaries. Net proceeds of approximately $394.6 million will be allocated to repaying existing borrowings and general corporate purposes, which may include satellite-related costs and strategic initiatives. The offering is made under Rule 144A and Regulation S, with no registration under the Securities Act required.
Viasat Inc. (NASDAQ: VSAT) announced plans for a private placement of $400 million in senior unsecured notes due 2028. The offering is aimed at qualified institutional buyers and will follow Rule 144A and Regulation S protocols. Proceeds will be utilized to repay existing borrowings under its revolving credit facility and for general corporate purposes, including potential satellite financing, acquisitions, and capital expenditures. The notes are unregistered and subject to market conditions.
On June 17, 2020, BT plc, NSSLGlobal Ltd, and Viasat UK Ltd announced a strategic alliance focused on enhancing UK defense satellite communications (SATCOM). This partnership aims to bid for the MOD's 'Service Delivery Wrap' segment of the Skynet 6 program, with awards expected in 2022. The alliance leverages the partners' extensive experience and capabilities to deliver advanced SATCOM solutions, support cybersecurity, and modernize the UK Armed Forces. This collaboration is anticipated to bolster the UK's defense and space sectors significantly.
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