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.
Inmarsat Maritime, a Viasat company, has signed an agreement with A.P. Moller - Maersk to upgrade satellite communications across Maersk's fleet of approximately 340 container ships. The bandwidth enhancements will be implemented between 2025 and 2026 as part of Maersk's 'One Satcom' project.
The initiative aims to transform vessels into fully operational floating offices by 2027, supporting advanced digitalization, cloud-enabled solutions, and potential future autonomous operations. Inmarsat's service combines Ka-band and L-band networks to provide global, always-on connectivity for both operational efficiency and crew welfare.
The partnership focuses on enhancing application availability and performance, supporting Maersk's digital transformation at sea while improving the working environment for crew members.
STARLUX Airlines and Viasat (NASDAQ: VSAT) announced the launch of enhanced in-flight connectivity service across STARLUX's entire fleet. The rollout will cover 48 aircraft, including Airbus A330-900s, A321neos, A350-900, and A350-1000, utilizing Viasat's advanced connectivity system based on the ViaSat-3 compatible GM-40 terminal solution.
STARLUX, known for operating the world's youngest fleet with an average age of 2.06 years, becomes one of the first airlines in Asia Pacific to adopt Viasat's cutting-edge solution. The service will initially cover major Asian transport hubs including Taipei, Singapore, Jakarta, Bangkok, and several other key destinations.
The implementation will enable passengers to stream content, browse the internet, use messaging apps, and maintain productivity during flights through Viasat's high-capacity Ka-band satellite network over the Asia Pacific region.
Viasat (NASDAQ: VSAT) has secured its first Task Order under a PLEO Satellite-Based Services IDIQ contract with the U.S. Space Force. The initial $3.5 million order is part of a larger $13 billion contract framework awarded in 2023.
Under this order, Viasat will provide Ku-band LEO services through a partner network to support U.S. government operations globally. The company will deliver network management support with real-time data access and 24/7 technical support.
The contract aims to strengthen the Department of Defense's communications resilience by diversifying satellite orbits, combining geostationary (GEO) and non-geostationary orbits (NGSO). Viasat will provide fully-managed LEO satellite-based services and capabilities, including space relay services, supporting space, air, land, maritime, and cyber domains.
Viasat (NASDAQ: VSAT) has announced it will release its third quarter fiscal year 2025 financial results on Thursday, February 6, 2025, after market close. The results will be communicated through a shareholder letter posted on the company's Investor Relations website section.
The satellite communications company will hold a conference call and webcast on the same day at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. U.S. participants can dial (800) 715-9871, while international callers should use +1 (646) 307-1963, with conference ID 2357759. The webcast will be accessible through Viasat's Investor Relations website and will remain available for approximately one month after the call.
Viasat (NASDAQ: VSAT) announced a significant reorganization of its senior executive team, effective January 22, 2025. Craig Miller, previously President of Global Space Networks, transitions to Senior Vice President of Strategic Initiatives, working directly with CEO Mark Dankberg. Girish Chandran, the current Chief Technology Officer, expands his role to become President of Global Space Networks.
Notable changes include the departure of Guru Gowrappan, current President, who will serve in an advisory role through April 2025. Gowrappan's exit follows his successful leadership of the Inmarsat acquisition integration. The company does not plan to replace the President position.
Viasat has reaffirmed its fiscal year 2025 financial guidance as previously announced on November 6, 2024.
Viasat (NASDAQ: VSAT) has been selected by NASA as one of four commercial companies to support the Near Space Network (NSN) Services contract, a five-year IDIQ program with a potential five-year extension and total value of $4.82 billion.
Initially, Viasat will provide global ground segment support services through its Real-Time Earth (RTE) Ground-Segment-as-a-Service network, offering multi-gigabit per second downlinks across six continents. The company has partnered with ATLAS Space Operations and Alaska Satellite Facility to deliver a modern satellite ground network.
The contract aims to provide commercial ground and space relay services for NASA missions from low Earth orbit to two million kilometers from Earth. Currently, NASA uses commercial providers for about 36% of its direct-to-Earth services, indicating significant growth potential. The contract aligns with NASA's strategy to leverage commercial capabilities for mission communications and navigation requirements.
Viasat (NASDAQ: VSAT) has completed the sale of its Energy Services System Integration (SI) business to MAG Capital Partners. The SI business, which was acquired through RigNet in 2021, provides engineering design and telecom systems support for critical infrastructure projects. The transaction includes the transfer of approximately 80 employees and the SI facility in Aberdeen, Scotland to the new company, Nessco. No locations are expected to close due to the sale.
According to CFO Gary Chase, this divestiture aligns with Viasat's strategy to enhance its financial position and streamline its portfolio, as the SI business had minimal strategic synergies with Viasat's core growth operations. Imperial Capital, acted as the exclusive financial advisor for the transaction.
Viasat (NASDAQ: VSAT) has been selected by the Defense Innovation Unit (DIU) to provide networking capabilities for the Replicator initiative, focusing on command and control connectivity for unmanned systems. The company will deliver its Multi-Domain Uncrewed Secure Integrated Communications (MUSIC) architecture, an optimized configuration of Viasat's NetAgility software-defined networking capability.
The project, known as ORIENT (Opportunistic, Resilient & Innovative Expeditionary Network Topology), aims to enable seamless and resilient connectivity of autonomous systems using multi-transport pathways. Viasat has been developing the MUSIC solution with the Office of Under Secretary of Defense for Research and Engineering for 18 months, recently demonstrating its application in connecting autonomous maritime systems during the Autonomous Warrior 24 exercise in Australia.
Viasat (NASDAQ: VSAT) has successfully demonstrated direct-to-device (D2D) satellite connectivity for the first time in the United Arab Emirates, marking its third successful showcase this quarter following demonstrations in India and Saudi Arabia. The company, in collaboration with Skylo and TDRA, successfully sent satellite-enabled two-way messages and SoS messages using commercial Android smartphones enabled for non-terrestrial network connectivity.
The demonstration utilized Viasat's L-band satellites orbiting above Asia and was enabled by 3GPP standards-based NTN service infrastructure. D2D technology allows everyday devices to connect seamlessly to both terrestrial and satellite connectivity without additional hardware, following new global mobile 3GPP release 17 standards.
Viasat (NASDAQ: VSAT) has secured a five-year, sole-source IDIQ contract through the U.S. General Services Administration with a $568 million ceiling. This follow-on award extends a previous 2019 IDIQ contract to support the migration of C5ISR capabilities from Special Operations Forces to General Purpose Forces.
The contract enables Viasat to deliver various technologies and services, including tactical gateways, advanced networking, airborne SATCOM terminals, ground terminals, modems, satellite services, and cybersecurity capabilities. The company's capabilities have expanded following its Inmarsat acquisition in 2023, offering enhanced communication solutions to support DoD's evolving operations.
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