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 (Nasdaq: VSAT) announced a collaboration with 19Labs to enhance telemedicine solutions for underserved communities. This partnership aims to provide affordable healthcare through real-time remote patient monitoring (RPM), utilizing Viasat's high-speed satellite broadband and 19Labs' HIPAA-compliant platform. The initiative involves setting up e-clinics in Latin America and deploying kits in U.S. schools and practices, funded by the FCC CARES Act. The collaboration seeks to address healthcare access gaps exacerbated by the COVID-19 pandemic.
Bombardier and Viasat Inc. (Nasdaq: VSAT) announced regulatory approval for Viasat's Ka-band in-flight connectivity system on Challenger 300 and 350 aircraft, enhancing passenger experience with fast download speeds. The FAA and EASA granted Supplemental Type Certificates, allowing installation across Bombardier's service network. The Ka-band system supports business-critical tasks like video conferencing and streaming. Viasat's Global Aero Terminal 5510 is forward-compatible with future satellite systems, offering potential for expanded coverage and capacity.
Viasat Inc. (NASDAQ: VSAT) and Panasonic have collaborated to integrate the Eclypt® Core Encrypted Internal Hard Drive into the modular TOUGHBOOK 55 notebook, designed for the Defence industry. This solid-state self-encrypting hard drive is certified for securing Top Secret information and is approved for use by NATO and various European nations, including Germany. The partnership aims to provide enhanced data security for the UK Ministry of Defence and global defence organizations, ensuring the devices are tailored for rugged and secure field applications.
Viasat Inc. (NASDAQ: VSAT) has been recognized as the 'Best Satellite Provider' among U.S. rural internet service providers by CNET. This accolade highlights Viasat's competitive edge in offering enhanced data plans and higher speeds, along with affordable equipment rental costs. The company is committed to bridging the digital divide in the U.S. through better broadband connectivity, reinforced by its upcoming ViaSat-3 satellite constellation, which is expected to deliver eight times more bandwidth, enabling improved services now and in the future.
Viasat Inc. (NASDAQ: VSAT) has appointed Jim Bridenstine, former NASA Administrator and Congressman, to its Board of Directors as a Class II director until the 2022 Annual Meeting. This addition brings extensive expertise in space technology and innovation to Viasat as it prepares to launch the ViaSat-3 network, which aims to deliver unprecedented global broadband connectivity using advanced satellite technology. Viasat's Board now consists of eight members, with six being independent directors. Bridenstine's leadership will enhance Viasat's strategic direction in the aerospace sector.
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.
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