Viasat (VSAT) Stock News

Viasat (NASDAQ: VSAT) has launched the Space for Good Challenge 2025, a global STEM competition spanning the United States, United Kingdom, and India. The initiative, building on the success of the 2024 event, focuses on developing sustainable space technology to benefit Earth.

The challenge features three stages: concept articulation, digital entry refinement, and a 30-minute pitch to industry leaders. Finals will be held in London (July 7) for UK students, US finals (August 11), and India finals (September 23). Winners will receive university scholarships.

Key partners include Lockheed Martin and Astroscale in the UK, and BSNL with Indian government agencies in India. The competition aims to inspire the next generation of space industry innovators while addressing critical sustainability challenges in space technology.

Inmarsat Maritime (NASDAQ:VSAT) has announced that orders for its NexusWave maritime connectivity service have exceeded 1,000 vessels within six months of launch. The fully managed service combines multiple networks including Global Xpress Ka-band, LEO, coastal LTE, and L-band services into a seamless solution.

The service has demonstrated impressive performance metrics, achieving download speeds up to 340 Mbps and upload speeds up to 80 Mbps, with network availability consistently exceeding 99.9%. Major shipping companies including "K" Line, Anthony Veder, Mitsui O.S.K. Lines, and others have already adopted the technology.

NexusWave's network-bonding technology allows applications to utilize multiple networks simultaneously, providing unlimited data, global coverage, and secure infrastructure for both operational needs and crew welfare services.

Viasat announced a comprehensive agreement with Ligado Networks, expecting to receive $568 million in fiscal year 2026 through its subsidiary Inmarsat Global Ltd. The agreement includes quarterly payments of ~$16 million starting September 30, 2025, with a 3% annual increase through 2107, plus two lump sum payments: $420 million on October 31, 2025, and $100 million on March 31, 2026. The settlement resolves Inmarsat's opposition to Ligado's restructuring and includes the dismissal of Ligado's lawsuit against Inmarsat. Viasat plans to use the proceeds primarily to manage near-term maturities and address its extended maturity profile, while maintaining its global mobile satellite services capabilities.

Viasat (NASDAQ: VSAT) announced that Brazilian bus operator Satélite Norte has successfully completed trials of its Digital Bus solution, becoming the first operator to implement the technology. The solution provides high-speed satellite Wi-Fi connectivity to passengers traveling between Goiânia and São Paulo, covering over 500 miles. Digital Bus includes a passenger portal for Wi-Fi access, enabling operators to implement monetization through advertising and gather passenger insights. The system combines satellite and cellular connectivity with an operational intelligence platform for vehicle monitoring. The solution addresses the need for connectivity in regions where air travel is expensive and rail infrastructure is limited, positioning reliable internet access as an essential service rather than a luxury for premium road travel.

Inmarsat Maritime, a Viasat company, has partnered with Mitsui O.S.K. Lines (MOL) to upgrade their fleet from Fleet Xpress to NexusWave, a fully managed bonded connectivity service. The upgrade, implemented by JSAT MOBILE Communications, will cover MOL's fleet of LNG carriers, oil tankers, and car carriers.

NexusWave has demonstrated impressive performance metrics in real-world tests, achieving download speeds of 330-340 Mbps, upload speeds of 70-80 Mbps, and network availability exceeding 99.9%. The service will support MOL's vision of transforming vessels into floating offices and homes, providing high-speed internet with enterprise-grade cybersecurity and 24/7 technical support.

Viasat (NASDAQ: VSAT) announced the release of its Q4 and FY2025 financial results on May 20, 2025. The company has made the results available in a shareholder letter and webcast slides on their Investor Relations website. A conference call is scheduled for 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time on the same day, with dial-in numbers provided for both U.S. (800-715-9871) and International (646-307-1963) participants using conference ID 9104119. The call recording will be archived and accessible on their website for approximately one month after the conference.

Viasat (NASDAQ: VSAT) has partnered with Blue Origin to demonstrate its InRange launch telemetry relay service on two future New Glenn rocket missions. This collaboration is part of NASA's Communications Services Project (CSP), aiming to transition from NASA's Tracking and Data Relay Satellite (TDRS) system to commercial SATCOM solutions.

The InRange technology utilizes Viasat's global L-band satellite network to provide real-time telemetry data during launches, enabling continuous beyond-line-of-sight communications and eliminating ground communication "blackouts". The first demonstration flight is expected in 2025, followed by a full service demonstration in 2026.

This partnership comes after NASA's November 2024 announcement that no new missions will use TDRS services, creating a need for commercial SATCOM-based launch telemetry solutions.

Viasat (NASDAQ: VSAT), a global satellite communications leader, has scheduled its fourth quarter and fiscal year 2025 financial results announcement for Tuesday, May 20, 2025, after market close. The company will release results through a shareholder letter on its Investor Relations website, followed by a conference call and webcast at 2:30 PM PT / 5:30 PM ET. U.S. participants can dial (800) 715-9871, while international callers should use +1 (646) 307-1963 with conference ID 9104119. The webcast will be available on Viasat's Investor Relations website and archived for approximately one month after the call.

Viasat (NASDAQ: VSAT) has been selected by the U.S. Space Force's Space Systems Command for Phase 2 of the Enterprise Space Terminal (EST) program. The project focuses on developing an optical laser communications terminal for military space operations. Under its Defense and Advanced Technologies segment, Viasat completed the Preliminary Design Review for its Free Space Optical space terminal in Phase 1.

In Phase 2, Viasat will advance the design and develop a hardware prototype for next-generation space laser communications. The terminal will support crosslinking and multi-orbit, interoperable communications between satellites, contributing to the Space Force's broader Space Data Network objectives and the formation of a unified space mesh network.