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Viasat (VSAT) Stock News, Jan-Feb 2021

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Viasat (NASDAQ: VSAT) has appointed Leandro Gaunszer as managing director for Viasat Brazil, effective immediately. Based in São Paulo, Gaunszer will drive Viasat's expansion efforts in Brazil, focusing on improving internet connectivity for underserved areas. With experience in the telecom industry, he aims to enhance operational excellence while leading revenue growth initiatives. Viasat has significantly increased its presence in Brazil since 2018, being the first satellite ISP to deliver high-speed connectivity nationwide. This leadership change is pivotal for Viasat's commitment to social and economic growth through broadband access.

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Viasat Inc. (NASDAQ: VSAT), a global communications leader, announced a ramp-up in production rates for its Link 16 Next-Generation Tactical Data Links radios, now exceeding 200 units monthly to satisfy strong demand from U.S. and international defense customers. The company aims to produce 25 BATS-E radios per month, addressing current military needs. With over 5,000 units shipped globally to date, Viasat emphasizes its commitment to delivering timely and cost-effective communication solutions for modern warfare, while ensuring products meet emerging cryptographic requirements.

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Viasat (NASDAQ: VSAT) has partnered with SKY Brasil, Brazil's leading satellite pay TV operator, to enhance the distribution of its satellite internet services across Brazil. This strategic alliance will enable SKY to sell, install, and provide technical support for Viasat's high-speed internet offerings, significantly expanding availability in underserved areas. Viasat's service plans include speeds of up to 30 Mbps and are powered by Telebras' SGDC-1 satellite. This partnership reinforces Viasat's commitment to bringing fast internet to all Brazilians, particularly in hard-to-reach locations.

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FAQ

What is the current stock price of Viasat (VSAT)?

The current stock price of Viasat (VSAT) is $69.79 as of October 6, 2026.

What is the market cap of Viasat (VSAT)?

The market cap of Viasat (VSAT) is approximately 9.6B.