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, announced that Toei Reefer Line will implement NexusWave connectivity service across its factory vessels. The system integrates Global Xpress Ka-band, Low-Earth Orbit, coastal LTE, and L-band services to provide reliable high-speed Internet with unlimited data and global coverage.
The implementation aims to enhance crew welfare by providing free, unlimited internet access for up to 50 crew members per vessel during extended periods at sea. Additionally, the technology will enable real-time monitoring of onboard temperature sensors, remote vessel network access, and deployment of cloud-based ship management applications.
Toei Reefer Line, a leading supplier of sashimi-grade tuna, operates sophisticated factory vessels capable of processing and storing cargo at temperatures as low as -55°C. The company prioritizes maintaining high-quality standards for the Japanese consumer market through specially trained personnel.
Skylo has secured a $30 million oversubscribed funding round led by NGP Capital, with participation from Westly Group and existing investors. The company, which provides direct-to-device satellite connectivity, has expanded its commercial coverage to Brazil, Australia, and New Zealand, in addition to the entire U.S. including Alaska, Hawaii, and U.S. territories.
In partnership with Viasat (NASDAQ: VSAT), Skylo offers the world's largest standards-based direct-to-device network, enabling smartphones, vehicles, and IoT devices to connect via satellite when cellular networks are unavailable. The service has already facilitated millions of messages worldwide across five continents, proving particularly important during natural disasters when terrestrial networks were down.
Viasat (NASDAQ: VSAT) announced an expansion of its partnership with Aeromexico to retrofit the airline's entire Boeing 787 Dreamliner fleet with advanced in-flight Wi-Fi solutions. The upgrade will cover 17 aircraft, including eight B787-8s and nine B787-9s, with the first equipped aircraft scheduled to enter service in late 2025.
The implementation will enhance connectivity on Aeromexico's international routes to major European and South American cities, utilizing Viasat's high-capacity Ka-band satellite network. The service will include streaming video, browsing, and real-time messaging capabilities. Notably, Aeromexico will leverage the Viasat Ads platform to offer passengers free, ad-supported connectivity sessions with streaming capabilities.
This upgrade builds upon the existing relationship between Viasat and Aeromexico, which began in 2018, and demonstrates the airline's commitment to improving passenger experience and NPS scores through enhanced connectivity services.
Viasat (NASDAQ: VSAT) announced the release of its third quarter fiscal year 2025 financial results. The company has published a letter to shareholders along with webcast slides in the Investor Relations section of their website. A conference call is scheduled for February 6, 2025, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time, with dial-in numbers provided for U.S. (800-715-9871) and International (646-307-1963) participants under conference ID 2357759. The call will be archived and available on their website for approximately one month after the conference.
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.
