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CAAC Validation for Viasat's Ka-Band In-flight Connectivity Integration Issued for Boeing 737 Series Aircraft

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Viasat Inc. (NASDAQ: VSAT) has received a Validation of Supplemental Type Certificate (VSTC) from CAAC for its Ka-band satellite connectivity system, applicable to the Boeing 737 series. This follows prior certification for the A320 series and enables Viasat to equip over 75 percent of aircraft in China. Currently serving 18 airline customers globally, Viasat's system aims to enhance in-flight connectivity with features like video streaming and social media access. Sichuan Airlines is the first in China to implement this service, which has potential revenue benefits for airlines.

Positive
  • CAAC validation enables Viasat to install IFC on over 75% of domestic aircraft in China.
  • The company serves 18 airline customers, averaging over 200,000 flights monthly.
  • Sichuan Airlines has implemented Viasat's IFC, adding to potential revenue streams for the airline.
Negative
  • None.

With VSTC, Viasat is now approved to install its system on aircraft types that make up over 75 percent of domestic planes in China

CARLSBAD, Calif., Jan. 10, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has been awarded a Civil Aviation Administration of China (CAAC) Validation of Supplemental Type Certificate (VSTC) to install its advanced Ka-band satellite connectivity system on the Boeing 737 aircraft series. Following the validation of the A320 series in April 2022, this latest approval for the 737-NG series further strengthens the foundation for Chinese airlines to install and deploy Viasat's industry-leading In-Flight Connectivity (IFC) system, including antenna, radome, modem, server and WAPs.

The Boeing 737 series VSTC joins a portfolio of Viasat certifications that have been applied globally to install Viasat's IFC system on nearly 2,000 commercial aircraft. In total, Viasat currently serves 18 airline customers, averaging over 200,000 flights per month around the world.

Don Buchman, Vice President and General Manager, Commercial Aviation at Viasat, stated, "Receiving CAAC validations is a great honor as we continue to invest in China for the long run. Incredibly, our current CAAC certifications allow us to serve over 75 percent of aircraft in China. We are grateful to our partners and excited to support the digital transformation of Chinese airlines both domestically and for international flights."

In cooperation with China Satellite Communications, Co. Ltd. (China Satcom), Viasat's IFC system connects with the Ka-band ChinaSat-16 satellite system to enable video streaming, browsing, messaging, social media scrolling and more to every connected device on Viasat-equipped aircraft operating over China. Viasat's IFC system can also connect to its global network outside of China.

In addition to optimizing passengers' IFC experiences, Viasat's solution can enable airlines to enhance passenger loyalty, improve operating efficiencies and increase revenue-generating opportunities through ancillary content and application programs.

Announced in December 2022, Sichuan Airlines is China's first domestic carrier to partner with Viasat's In-Flight Connectivity Solution and China Satcom's Satellite System. Sichuan Airlines has multiple aircraft delivering the service currently.

For more information on Viasat's Commercial Aviation services, please visit Viasat online at Viasat.com, or follow our official WeChat account.

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.

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 statements about the use of the Ka-band ChinaSat-16 satellite system; ability to install and deploy the IFC system on Boeing 737 series aircraft; and features and benefits of the solution for airline customers and passengers. Readers are cautioned that actual results could differ materially and adversely 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, contractual problems, product defects, manufacturing issues or delays, regulatory issues, changes in relationships with, or the financial condition of, key suppliers, and technologies that do not perform according to expectations; technologies not being developed according to anticipated schedules, or that do not perform according to expectations, and increased competition and other factors affecting the aviation sector generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's 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. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.

Copyright © 2023 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

Cision View original content:https://www.prnewswire.com/news-releases/caac-validation-for-viasats-ka-band-in-flight-connectivity-integration-issued-for-boeing-737-series-aircraft-301718318.html

SOURCE Viasat, Inc.

FAQ

What recent certification did Viasat receive for the Boeing 737 series?

Viasat received a Validation of Supplemental Type Certificate (VSTC) from CAAC for the Boeing 737 series.

How many aircraft types can Viasat's system be installed on in China?

Viasat can install its system on aircraft types that make up over 75 percent of domestic planes in China.

What are the potential benefits of Viasat's in-flight connectivity system?

The system enhances passenger experience, improves airline operational efficiencies, and creates new revenue opportunities.

Who is the first airline in China to implement Viasat's IFC system?

Sichuan Airlines is the first domestic carrier in China to partner with Viasat's In-Flight Connectivity Solution.

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