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 communications company focused on satellite communications, with activity spanning government SATCOM, mobility services, maritime connectivity, business aviation and emerging direct-to-device satellite services. The Viasat news feed on this page aggregates company announcements, press releases and other coverage so readers can follow how the business and its satellite network evolve over time.
Recent news from Viasat highlights developments in its integrated Ka-band network for government users, including a unified global Ka-band satellite communications network that combines Viasat satellites, the Global Xpress fleet and partner satellites. The company has also announced services such as Enhanced LAISR, an on-demand managed L-band service designed to support government airborne, maritime and land users with beyond line-of-sight connectivity.
Viasat’s news flow also covers its aviation and maritime offerings. Announcements have described Viasat Amara, a next-generation in-flight connectivity solution adopted by airlines, and NexusWave, a bonded multi-network service from Inmarsat Maritime, a Viasat company, that supports digitalization and crew welfare at sea. Additional updates include agreements with airlines and shipping companies to deploy these connectivity solutions across fleets.
Beyond transport markets, Viasat reports on its HaloNet and InRange services for launch telemetry and near-Earth space communications, as well as research on direct-to-device satellite connectivity for mobile users. Corporate governance and capital markets items, such as board appointments, equity plan changes and financial results releases, are also reported through company news and SEC filings.
Investors and followers of VSAT stock can use this news page to monitor product announcements, network expansions, customer agreements, research publications and governance updates that Viasat discloses through official channels.
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.
Viasat has released its 2024 Passenger Experience Survey, revealing important insights about air travelers' connectivity preferences. The study, which surveyed over 11,000 recent air travelers, shows that 75% of passengers are more likely to choose airlines offering quality in-flight Wi-Fi, with 22% refusing to consider long-haul flights without connectivity.
Key findings include that 36% of passengers prioritize free or low-cost Wi-Fi, with 87% willing to watch advertisements for free access. 71% of travelers want access to their streaming platforms, and 94% desire to use personal devices alongside seatback entertainment. The survey also revealed strong interest in future innovations, with 55% eager for enhanced entertainment experiences and 51% interested in improved comfort services.
Viasat (NASDAQ: VSAT) has successfully demonstrated direct-to-device (D2D) satellite connectivity in Saudi Arabia for the first time. The demonstration included sending two-way messages and SoS messages using a commercial Android smartphone at the 'Connecting the World from the Skies' event in Riyadh. The technology utilized Viasat's L-band spacecraft over the Indian Ocean and Skylo's NTN service infrastructure. D2D technology enables everyday devices to connect to both terrestrial and satellite networks without additional hardware, following 3GPP release 17 standards. The system uses already-licensed satellite spectrum, ensuring no interference with terrestrial services.
Viasat (NASDAQ: VSAT) announced its President of Global Space Networks, Craig Miller, will participate in the Deutsche Bank Global Space Summit in New York on November 20, 2024, at 3 p.m. ET. Miller will join a defense technology panel alongside commercial and government leaders. While there won't be a live webcast, a recording will be available later on Viasat's Investor Relations website. Those interested in attending the summit should contact Deutsche Bank directly for registration information.
Viasat (NASDAQ: VSAT) has launched a groundbreaking home and mobile broadband service in Mexico, partnering with telecommunications wholesaler Altán. The service combines satellite and wireless LTE technologies to provide cellular coverage in previously unserved areas. Currently available in 13 Mexican states, the service reaches over 150,000 individuals through strategically positioned LTE towers, some powered by solar panels. The initiative addresses Mexico's connectivity gap, where approximately 30% of the population lacks broadband access. Through the Mexico Ambassador Program launched in 2021, Viasat partners with local representatives to promote digital literacy and inclusion in remote communities.
Viasat (NASDAQ: VSAT) has announced the release of its second quarter fiscal year 2025 financial results. The company has published the results in a shareholder letter, which is available along with webcast slides in the Investor Relations section of Viasat's website. The company will host a conference call on November 6, 2024, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time to discuss the results.
Viasat and Embraer have announced a collaboration to integrate advanced hybrid satellite communications capabilities on the Embraer C-390 Millennium military aircraft. Viasat will provide its Hybrid SATCOM Approach (HSA) based on the dual-band GAT-5530 terminal. The system will enable multi-band, multi-orbit connectivity supporting Viasat's networks, third-party networks, and government networks including WGS. The integration will provide secure and reliable satellite connectivity with automated failover, enhancing operations with resilient broadband SATCOM for tactical missions.
Viasat (NASDAQ: VSAT) announced it will release its second quarter fiscal year 2025 financial results on Wednesday, November 6, 2024, after market close. The company will publish a letter to shareholders on its Investor Relations website and host a conference call and webcast at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. Interested parties can join the conference call by dialing (800) 715-9871 in the U.S. or +1 (646) 307-1963 internationally, using conference ID 6994184. The webcast will be available on Viasat's Investor Relations website and archived for approximately one month after the call.