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 committed to ensuring that consumers, businesses, government agencies, and military operations remain connected through fast and secure internet and communication services. With a significant focus on satellite-based technologies, Viasat delivers high-speed broadband services, innovative communication systems, and secure government communication solutions through its three main segments: Satellite Services, Commercial Networks, and Government Systems.
Satellite Services: Viasat's satellite services segment provides satellite-based high-speed broadband to a diverse range of clients, including residential consumers, corporate enterprises, and commercial airlines. If you've ever used in-flight Wi-Fi on airlines such as JetBlue or United, you've experienced Viasat's connectivity solutions firsthand.
Commercial Networks: This segment focuses on the development of end-to-end communication systems and connectivity solutions. It supports various markets by providing robust and scalable communication infrastructures designed to meet both current and future demands.
Government Systems: Viasat's government systems segment specializes in producing secure, network-centric communication systems tailored for military and government applications. These solutions ensure that critical communication needs are met with the highest standards of security and reliability.
Viasat generates a substantial portion of its revenue from the United States, while also expanding its market reach across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region. The company’s recent achievements include major partnerships and projects that highlight its growing influence in the global communications market.
Recent Achievements and Projects:
- Royal Jordanian Airlines: Viasat has been selected to provide high-speed in-flight Wi-Fi across multiple fleets of Royal Jordanian Airlines, enhancing passenger experience on both short-haul and long-haul routes.
- Korean Air: Viasat will extend its in-flight connectivity services to an additional 40 aircraft in Korean Air's fleet, bringing the total to 70 aircraft equipped with Viasat's high-speed connectivity solutions.
- NexusWave: Viasat's subsidiary, Inmarsat Maritime, launched NexusWave, a fully managed connectivity service that integrates multiple high-speed networks to provide seamless global coverage for maritime operations.
- Partnership with Azercosmos: Viasat is collaborating with Azercosmos to bring its reliable L-band satellite services to Azerbaijan, expanding connectivity for industrial applications in remote locations.
- Energy Services: Viasat has launched an enhanced managed communications service for the oil and gas sector, incorporating low Earth orbit (LEO) satellite capacity to deliver flexible and robust connectivity solutions.
Financially, Viasat continues to demonstrate strong performance, with regular updates on its earnings and strategic initiatives. The company recently completed its acquisition of Inmarsat, further solidifying its position as a global leader in satellite communications.
For career opportunities at Viasat, visit the Viasat careers page.
Viasat Inc. (NASDAQ: VSAT) has confirmed the launch date for its ViaSat-3 Americas satellite on April 18, 2023, at 7:29 PM EDT. This satellite will be launched by SpaceX's Falcon Heavy from NASA’s Kennedy Space Center in Florida. Once in geostationary transfer orbit, the satellite will provide broadband services from 88.9° west longitude. The ViaSat-3 class of satellites is designed to deliver enhanced bandwidth economics and flexible capacity management across various regions including the Americas, EMEA, and Asia Pacific. The first two satellites are currently in testing phases, with substantial advancements in global service coverage anticipated.
For more details, visit viasat.com.
Viasat Inc. (NASDAQ: VSAT) announced the appointment of K. Guru Gowrappan as its new President, effective April 13, 2023. With over 20 years of executive experience in technology, Gowrappan previously served as CEO of Verizon Media Group and has held significant roles at Alibaba and Zynga. His prior leadership includes a focus on international growth and successful mergers and acquisitions. Mark Dankberg, Viasat's Chairman and CEO, emphasized Gowrappan's expertise in integrating large technology organizations and creating global partnerships, aligning with Viasat's growth strategy amid the pending Inmarsat acquisition and the ViaSat-3 constellation. Gowrappan expressed his commitment to enhancing customer experiences and driving innovation in the rapidly evolving satellite communications industry.
Viasat (NASDAQ: VSAT) has announced a collaboration with Microsoft Azure Orbital, making its Real-Time Earth (RTE) ground service available in the Azure marketplace. This partnership involves the establishment of five RTE sites with high-speed connectivity to Azure's cloud platform, enhancing the capabilities of commercial satellite operators. The RTE service offers Ground-Station-as-a-Service (GSaaS) to operators in various orbits, enabling efficient data downlinking with secure, low-latency connections.
This integration is expected to lower costs for satellite operators by leveraging Ka-band technology, which provides significantly higher bandwidth than traditional methods. Viasat aims to support the growing demand for rapid data delivery from remote sensing satellites while increasing resiliency and reducing latency.
Viasat recently introduced its Mercury Free Space Optical Communications (FSOC) terminal at the SOCOM Technical Experimentation event on March 21, 2023. This advanced communication solution is designed for high-capacity, resilient connectivity in military operations, particularly in contested environments. The Mercury terminal boasts data rates of up to 40 Gbps and a range of 70 kilometers. It addresses U.S. Department of Defense needs for reliable, low-detection communications, leveraging commercial-off-the-shelf technology for cost-effectiveness and high performance. The system features an automated pointing and tracking mechanism, enhancing its operational capabilities for various military applications.
FAQ
What is the current stock price of Viasat (VSAT)?
What is the market cap of Viasat (VSAT)?
What does Viasat Inc. do?
What are Viasat's main business segments?
How is Viasat involved in in-flight connectivity?
What recent partnerships has Viasat announced?
What is NexusWave?
How does Viasat support the government sector?
Where does Viasat generate most of its revenue?
What is Viasat's role in the energy sector?
How has Viasat expanded its global presence?
Where can I find career opportunities at Viasat?
