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Arctic Broadband on the Way as Viasat Confirms Successful Launch

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Viasat (NASDAQ: VSAT) has confirmed the successful launch of the Arctic Satellite Broadband Mission (ASBM) from Vandenberg Space Force Base on August 11, 2024. The mission, led by Space Norway's subsidiary Heosat, involves two satellites deployed in a highly elliptical orbit (HEO) carrying Viasat's GX10A and GX10B Ka-band payloads. These payloads will extend Viasat's high-speed global network with dedicated Arctic region coverage, expected to enter service in early to mid-2025.

The ASBM aims to address the rapidly growing connectivity demand in the Arctic from governments, commercial mobility customers, and scientists. Viasat is also expanding its broadband capacity with five additional Ka-band satellites under construction, set to enter service over the next few years.

Viasat (NASDAQ: VSAT) ha confermato il successo del lancio della Missione di Banda Larga Satellitare Artica (ASBM) dalla Vandenberg Space Force Base l'11 agosto 2024. La missione, guidata dalla sussidiaria di Space Norway, Heosat, prevede il dispiegamento di due satelliti in un'orbita altamente ellittica (HEO) che trasportano i carichi utili Ka-band GX10A e GX10B di Viasat. Questi carichi utili espanderanno la rete globale ad alta velocità di Viasat con una copertura dedicata per la regione artica, prevista per entrare in servizio a partire dalla metà del 2025.

L'ASBM ha l'obiettivo di affrontare la crescente domanda di connettività nell'Artico da parte di governi, clienti di mobilità commerciale e scienziati. Viasat sta anche espandendo la sua capacità di banda larga con altri cinque satelliti Ka-band attualmente in costruzione, previsti per entrare in servizio nei prossimi anni.

Viasat (NASDAQ: VSAT) ha confirmado el exitoso lanzamiento de la Misión de Banda Ancha Satelital Ártica (ASBM) desde la Base de la Fuerza Espacial Vandenberg el 11 de agosto de 2024. La misión, liderada por la subsidiaria de Space Norway, Heosat, involucra el despliegue de dos satélites en una órbita altamente elíptica (HEO) que llevan las cargas útiles Ka-band GX10A y GX10B de Viasat. Estas cargas útiles ampliarán la red global de alta velocidad de Viasat con cobertura dedicada para la región ártica, que se espera que entre en servicio a principios o mediados de 2025.

La ASBM tiene como objetivo satisfacer la creciente demanda de conectividad en el Ártico por parte de gobiernos, clientes de movilidad comercial y científicos. Viasat también está ampliando su capacidad de banda ancha con cinco satélites adicionales de banda Ka en construcción, que entrarán en servicio en los próximos años.

Viasat (NASDAQ: VSAT)는 2024년 8월 11일 밴던버그 우주군 기지에서 북극 위성 광대역 미션(ASBM)의 성공적인 발사를 확인했습니다. 이 미션은 스페이스 노르웨이의 자회사인 Heosat이 주도하며, Viasat의 GX10A 및 GX10B Ka 대역 탑재체를 싣고 고도로 타원형 궤도(HEO)에서 두 개의 위성을 배치합니다. 이 탑재체는 Viasat의 고속 글로벌 네트워크를 북극 지역에 전용으로 확장할 것입니다, 2025년 초에서 중반에 서비스가 시작될 것으로 예상됩니다.

ASBM은 정부, 상업적 이동성 고객 및 과학자들로부터의 북극 내 급증하는 연결성 수요를 해결하는 것을 목표로 하고 있습니다. Viasat는 또한 향후 몇 년 내에 서비스에 들어갈 Ka 대역 위성 5기를 추가로 건설하여 광대역 용량을 확장하고 있습니다.

Viasat (NASDAQ: VSAT) a confirmé le lancement réussi de la Mission de Broadband Satellite Arctique (ASBM) depuis la Vandenberg Space Force Base le 11 août 2024. La mission, dirigée par la filiale de Space Norway, Heosat, implique le déploiement de deux satellites en orbite hautement elliptique (HEO) transportant les charges utiles Ka-band GX10A et GX10B de Viasat. Ces charges utiles étendront le réseau mondial à haute vitesse de Viasat avec une couverture dédiée pour la région arctique, prévu pour entrer en service au début ou au milieu de 2025.

L'ASBM vise à répondre à la demande de connectivité en pleine croissance dans l'Arctique de la part des gouvernements, des clients de mobilité commerciale et des scientifiques. Viasat élargit également sa capacité de bande large avec cinq satellites supplémentaires en bande Ka en construction, qui devraient entrer en service au cours des prochaines années.

Viasat (NASDAQ: VSAT) hat den erfolgreichen Start der Arctic Satellite Broadband Mission (ASBM) von der Vandenberg Space Force Base am 11. August 2024 bestätigt. Die Mission, die von der Tochtergesellschaft Heosat von Space Norway geleitet wird, umfasst den Einsatz von zwei Satelliten in einer stark elliptischen Umlaufbahn (HEO), die die Ka-Band-Nutzlasten GX10A und GX10B von Viasat tragen. Diese Nutzlasten werden Viasats globale Hochgeschwindigkeitsnetzwerk mit spezieller Abdeckung für die Arktis erweitern, die voraussichtlich Anfang bis Mitte 2025 in Betrieb genommen wird.

Die ASBM zielt darauf ab, die schnell wachsende Nachfrage nach Konnektivität in der Arktis von Regierungen, gewerblichen Mobilitätskunden und Wissenschaftlern zu decken. Viasat erweitert auch seine Breitbandkapazität mit fünf zusätzlichen Ka-Band-Satelliten, die sich im Bau befinden und in den kommenden Jahren in Betrieb gehen sollen.

Positive
  • Successful launch of ASBM satellites carrying Viasat's payloads
  • Expansion of Viasat's high-speed global network to include Arctic region coverage
  • Addressing growing connectivity demand in the Arctic region
  • Five additional Ka-band satellites under construction for future capacity expansion
Negative
  • None.

Insights

The successful launch of Space Norway's Arctic Satellite Broadband Mission marks a significant milestone in global connectivity. This mission introduces the world's first Highly Elliptical Orbit (HEO) satellites carrying commercial broadband payloads, specifically designed to serve the Arctic region. The innovative orbit choice is important for maintaining consistent coverage in high-latitude areas where traditional geostationary satellites struggle.

Viasat's GX10A and GX10B Ka-band payloads on these satellites will extend high-speed internet access to previously underserved Arctic areas. This expansion is timely, given the increasing strategic importance of the Arctic for governments, commercial entities and scientific research. The expected service commencement in early to mid-2025 aligns with the growing demand for reliable communication in these remote regions.

This launch positions Viasat strategically in the rapidly growing Arctic connectivity market. The region's increasing economic and geopolitical significance, driven by climate change and resource exploration, creates a substantial demand for reliable communication infrastructure. Viasat's investment in this niche market could yield significant long-term returns as Arctic activities intensify.

Moreover, Viasat's ongoing expansion with five additional Ka-band satellites underscores its commitment to strengthening its global network. This proactive approach in expanding capacity and coverage areas could give Viasat a competitive edge in the satellite communication industry, potentially leading to increased market share and revenue growth in the coming years.

While specific financial figures are not provided, this launch represents a strategic investment for Viasat (NASDAQ: VSAT). The company's focus on expanding its global network, particularly in the underserved Arctic region, could lead to new revenue streams from government contracts, commercial mobility customers and scientific expeditions. However, investors should note that the payoff may not be immediate, as the services are expected to commence in 2025.

The collaboration with Space Norway and other partners demonstrates Viasat's ability to leverage partnerships for technological advancement and market expansion. This approach could potentially reduce financial risks associated with such ambitious projects. Investors should monitor Viasat's future earnings reports to assess the impact of this expansion on the company's financial performance.

Space Norway's Arctic Satellite Broadband Mission successfully launched aboard a SpaceX Falcon 9 from Vandenberg Space Force Base, California, August 11, 2024 at 7.02pm PT.

The two satellites carry payloads that Viasat aims to use to bring broadband connectivity to the Arctic from polar orbits.

VANDENBERG, Calif., Aug. 12, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has confirmed the Arctic Satellite Broadband Mission (ASBM) has successfully launched from Vandenburg Space Force Base.

The mission, led by the Space Norway subsidiary Heosat, will see two satellites deployed in a highly elliptical orbit (HEO) in the world's first HEO mission carrying a broadband commercial service payload. The two satellites – ASBM-1 and ASBM-2 – will host the GX10A and GX10B Ka-band payloads, which Viasat will use to extend the company's high-speed global network with dedicated Arctic region coverage.

The satellites will be positioned into their orbit paths before technical testing and integration. The GX10A and 10B payloads are expected to enter service in early to mid calendar year 2025.

The Arctic has rapidly growing connectivity demand as governments, commercial mobility customers and scientists continue to look North. Once in service, these new payloads will expand the coverage area served by Viasat, further strengthening the company's global coverage capabilities with dedicated capacity for the Arctic region.

Viasat is further expanding its high-speed broadband capacity and capabilities for government and commercial mobility customers with five new Ka-band satellites currently under construction, which are expected to enter service during the course of the next few years.

Mark Dickinson, Head of Space Systems, Viasat, said: "We would like to thank Space Norway and our project partners for their continued hard work, collaboration, and vision to make this project a reality. I would also like to thank our highly skilled experts. They will now focus on bringing these payloads into service and creating the flexibility, coverage, and connectivity our customers need – wherever they operate."

Space Norway Program Director, Kjell-Ove Skare, said: "With the successful launch of the ASBM satellites we are a major step closer to providing broadband to civilian, government and military users in the Arctic - which is the primary reason for this mission. This common goal has been the driving factor for Viasat, as well as for all parties involved in the ASBM program. It has truly been an excellent collaborative effort."

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on FacebookInstagramLinkedInX or YouTube.

Copyright © 2024 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934.  Forward-looking statements include, among others, statements that refer to the performance, capabilities and anticipated benefits of the GX10A and GX10B satellite payloads, including the coverage area; the planned commercial service entry of the GX10A and GX10B satellite payloads in the first half of calendar year 2025; and the service entry timing for the five additional Ka-band satellites currently under construction. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements.  Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; unexpected expenses or delays related to our satellite projects; the ability to successfully implement our business plan for broadband services on our anticipated timeline or at all; contractual problems; product defects; manufacturing issues or delays; the effect of adverse regulatory changes (including changes affecting spectrum availability or permitted uses) on our ability to sell or deploy our products and services; changes in the way others use spectrum; our inability to access additional spectrum, use spectrum for additional purposes, and/or operate satellites at additional orbital locations; competing uses of the same spectrum or orbital locations that we utilize or seek to utilize; and technologies not being developed according to anticipated schedules, or that do not perform according to expectations. In addition, please refer to the risk factors contained in our SEC filings available at www.sec.gov, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason.

 

Cision View original content:https://www.prnewswire.com/news-releases/arctic-broadband-on-the-way-as-viasat-confirms-successful-launch-302219712.html

SOURCE Viasat, Inc.

FAQ

When did the Arctic Satellite Broadband Mission (ASBM) launch for Viasat (VSAT)?

The Arctic Satellite Broadband Mission (ASBM) launched on August 11, 2024, at 7:02 PM PT from Vandenberg Space Force Base, California.

What is the purpose of Viasat's (VSAT) GX10A and GX10B Ka-band payloads on the ASBM satellites?

The GX10A and GX10B Ka-band payloads will extend Viasat's high-speed global network by providing dedicated Arctic region coverage.

When are Viasat's (VSAT) ASBM payloads expected to enter service?

Viasat's GX10A and GX10B payloads on the ASBM satellites are expected to enter service in early to mid-2025.

How many additional Ka-band satellites does Viasat (VSAT) have under construction?

Viasat has five additional Ka-band satellites currently under construction, expected to enter service over the next few years.

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