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. reports developments across satellite communications, broadband connectivity, commercial mobility services and defense networking technologies. Company news commonly covers the ViaSat-3 satellite program, multi-orbit network expansion, in-flight connectivity platforms such as Viasat AMARA and Viasat AERA, and customer or technology collaborations in aviation, automotive and government communications markets.
Updates also include Defense and Advanced Technologies products such as Viasat Tactical Mission Fabric, secure edge-to-cloud networking, cybersecurity, tactical gateways, modems and waveform capabilities. Governance news has included board appointments, strategic review activity and cooperation agreements tied to shareholder engagement.
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.
Summary not available.
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.
Viasat Inc. (NASDAQ: VSAT) reported its third quarter fiscal year 2021 financial results on February 4, 2021. The results are available in a shareholder letter on their investor relations website. The company will host a conference call and webcast on the same day at 10:00 a.m. Pacific Time. A replay will be accessible until February 5. Viasat continues to develop a global communications network aimed at connecting people and businesses worldwide. More information about the company can be found on their website.
Viasat Inc. (NASDAQ: VSAT) successfully showcased advanced communication technologies during the U.S. Army's Cyber Quest 2020 exercise. They demonstrated high-performance cloud and AI-based data transmission capabilities for tactical scenarios, enhancing medical and surveillance operations. Key applications included augmented reality for medics and AI-driven facial recognition to assist in identifying soldiers. Viasat’s software-defined networking (SDN) solutions aimed to improve data throughput and resilience for military communications, addressing critical needs in battlefield environments.
Viasat Inc. (NASDAQ: VSAT) will release its Q3 FY 2021 financial results on February 4, 2021, before the market opens. Shareholders can find the letter on the investor relations section of its website. A conference call will follow on the same day at 10:00 a.m. PT where participants can dial in using provided numbers and reference conference ID 9488791. The call will be available for replay until February 5, 2021. Viasat continues to position itself as a leader in global communications, aiming for high-quality connections in various sectors.