ViaSat

ViaSat, Inc. provides communications technologies and services. It operates through following segments: Satellite Services, Commercial Networks and Government Systems. The Satellite Services segment provides satellite-based high-speed broadband services with multiple applications to consumers, enterprises, and mobile broadband customers (including commercial airlines and maritime vessels) both in the United States and abroad. The Commercial Networks segment develops and produces a variety of advanced satellite and wireless products, systems and solutions that enable the provision of high-speed fixed and mobile broadband services. The Government Systems segment provides global mobile broadband services to military and government users, and develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure communications products and solutions. The company was founded on May 1, 1986 by Mark D. Dankberg and Mark J. Miller and is headquartered in Carlsbad, CA.

Earnings data Q4 2021

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Viasat reports robust Q4 performance, eyes satellite expansion for growth

Viasat's Q4 FY2023 performance reflects strong revenue growth, successful strategic initiatives, and imminent expansion of satellite services. The company faces challenges in addressing integration priorities and competitive landscapes but is well-positioned to capitalize on growth opportunities in emerging markets.

VSAT reports robust Q2 results, faces challenges with satellite anomalies

VSAT's Q2 2023 performance reflects strong revenue and EBITDA growth, bolstered by the Inmarsat acquisition. However, challenges related to the anomaly on ViaSat-3 Flight 1 and the timing of corrective actions for Flight 2 may impact FY 2025. Despite this, the company is well-positioned to capitalize on opportunities in defense connectivity, direct-to-device business, and maritime services.

ViaSat anticipates record earnings, launches key satellites for growth

ViaSat is poised for significant growth with the upcoming launches of ViaSat-3 satellites, addressing immediate bandwidth constraints and enabling higher speeds and more bandwidth. Despite Q3 2023 financial results below expectations, the sale of TDL business and strategic partnerships provide a strong foundation for future profitability and growth.

Viasat reports record revenue and EBITDA, eyes global expansion opportunities

Viasat's strong financial performance in Q4 FY2023, driven by strategic decisions and successful satellite deployment, positions the company for growth. While challenges lie in post-acquisition integration and market dynamics, opportunities in global expansion and service enhancements offer avenues for future success.

ViaSat reports robust Q1 results post-Inmarsat acquisition, addresses challenges

ViaSat's Q1 2024 earnings call highlighted strong financial performance, post-Inmarsat acquisition synergies, and challenges due to ViaSat-3 anomaly. The company aims for high single-digit revenue growth in FY 2024 and positive growth in FY 2025.

ViaSat excels in Q2 with strong mobility focus and growth outlook

ViaSat's Q2 performance showcased strength in mobility markets, with a focus on addressing satellite anomalies and enhancing in-flight services. The company aims for sustained revenue and adjusted EBITDA growth, targeting free cash flow positivity by H1 2025 and sustainable free cash flow by fiscal '26.

ViaSat reports stellar Q3 results, eyes growth through strategic partnerships

ViaSat's Q3 performance reflects robust revenue and EBITDA growth, backed by a strong backlog and satellite development pipeline. The company's focus on operational efficiency, market expansion, and strategic partnerships positions it well for future growth and positive cash flow.

Viasat surpasses FY '24 targets, eyes new tech for growth

Viasat's FY '24 performance exceeded expectations with strategic cost reductions and revenue growth.
Focus on new technologies and services presents opportunities for revenue expansion and market leadership.
Challenges lie in balancing subscriber declines, cost pressures, and maintaining margins.
Overall, Viasat is positioning for growth through innovation and operational efficiencies.

ViaSat reports strong Q1 performance, eyes growth amid challenges

ViaSat's Q1 FY '25 performance reflects growth in revenue and adjusted EBITDA, supported by strategic initiatives to strengthen financial position.
The company faces challenges in maintaining revenue growth for FY '25 but sees opportunities in segment diversification and investment strategies for future growth.
Overall, ViaSat's focus on operational excellence and financial stability positions it well for continued growth and market expansion in the coming quarters.

ViaSat (VSAT) reports robust Q2 performance amidst industry challenges

ViaSat's Q2 earnings call highlighted strong financial performance, strategic initiatives, and market positioning amidst industry challenges and opportunities.
The company's focus on record contract awards, capital structure strengthening, and satellite deployments underscores its commitment to growth and innovation.
Analysts' inquiries and executive discussions reflected a comprehensive overview of ViaSat's financial health, operational progress, and strategic direction.

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ViaSat, Inc. engages in providing communications technologies and services. It operates through the following business segments: Satellite Services, Commercial Networks, and Government Systems. The Satellite Services segment provides satellite-based high-speed broadband services with multiple applications to consumers, enterprises, and mobile broadband customers. The Commercial Networks segment develops and produces a variety of advanced satellite and wireless products, systems, and solutions that enable the provision of high-speed fixed and mobile broadband services. The Government Systems segment offers global mobile broadband services to military, and government users and develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure communications products and solutions. The company was founded by Mark D. Dankberg and Mark J. Miller on May 1, 1986 and is headquartered in Carlsbad, CA.

WESTCHESTER, N.Y.--(BUSINESS WIRE)--Breeze Airways, the Seriously Nice™ new U.S. low-fare airline founded by aviation entrepreneur David Neeleman, is adding eight routes from Westchester this year, including nonstop service to Los Angeles, CA, San Francisco, CA, Las Vegas, NV, Charleston, SC, Norfolk, VA, Jacksonville, FL, and Savannah, GA – and one-stop, same plane service to New Orleans, LA. Current commercial air service from Westchester only serves as far west as Chicago. With today's annou

Ease Meets West: David Neeleman is Back in the New York Groove

FARNBOROUGH, United Kingdom , April 19, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has joined the Space Cluster on the Harwell Science and Innovation Campus as it seeks new technology and research partnerships in the UK. Harwell is home to the largest concentration of space expertise in the UK, with more than 1,400 people employed across over 100 private and public sector organizations, including the UK Space Agency and the European Space Agency.

Viasat Joins Harwell Space Cluster to Support UK Innovation

CARLSBAD, Calif. , April 13, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, was recognized by two global organizations, LinkedIn and Ragan, as a top company to work at in the United States.

Viasat Receives Top Honors from LinkedIn and Ragan as a Top Company to Work for in the United States

The MOU between Viasat (VSAT) and Batelco aims to commercialize and distribute satellite broadband connectivity to businesses in the Middle East and North Africa region.

Viasat (VSAT) & Batelco to Offer Satellite Broadband Connectivity

CARLSBAD, Calif. , April 13, 2022 /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 complete, advanced Ka-band satellite system on Airbus A320 series of aircraft.

Viasat Receives Landmark Validation of Supplemental Type Certificate for In-Flight Connectivity System on Airbus A320 Aircraft in China

CARLSBAD, Calif. , April 12, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, and Bahrain Telecommunication Company ("Batelco"), the leading digital solutions provider in the Kingdom of Bahrain, today announced the signing of a Memorandum of Understanding (MOU) to engage in several business-to-business (B2B) service opportunities across the Middle East and North Africa ("MENA") region.

Viasat and Batelco Sign MOU for the Commercialization and Distribution of Business-to-Business Broadband Connectivity Services Across MENA

The recent cyberattack on U.S. satellite communications provider Viasat, an incident that triggered satellite service outages across central and eastern Europe, was likely the result of destructive wiper malware, according to newly published security research. Details about the cyberattack, which rendered Viasat's KA-SAT network inoperable since February 24 — the day of the Russian invasion […]

Viasat cyberattack blamed on Russian wiper malware

Boeing

BlackSky Technology

Iridium Communications

Lockheed Martin

Maxar Technologies

Northrop Grumman

Planet Labs

Russia is rapidly cutting itself off from much of the global space industry in response to Western sanctions due to the invasion of Ukraine.

U.S. space companies poised to benefit as Russia cuts ties to industry, analyst says

Agreement ensures combination of Viasat and Inmarsat will be a strong contributor to the UK National Space Strategy CARLSBAD, Calif. and LONDON, March 21, 2022 /PRNewswire/ -- Viasat and Inmarsat, the US and UK satellite communications groups, have agreed on a package of legally-binding economic undertakings with the UK Government's Department for Business, Energy and Industrial Strategy (BEIS) as part of the proposed combination of the two companies.

VIASAT, INMARSAT REACH AGREEMENT WITH UK GOVERNMENT ON PLAN TO INCREASE HIGHLY-SKILLED JOBS AND R&D INVESTMENT IN UK SPACE SECTOR

The U.S. government is warning of “possible threats” to satellite communication networks amid fears that recent attacks on satellite networks in Europe, sparked by the war in Ukraine, could soon spread to the United States. A joint CISA-FBI advisory published this week urges satellite communication (SATCOM) network providers and critical infrastructure organizations that rely on […]

CISA, FBI warn of threats to US satellite networks after Viasat cyberattack

Procure Space ETF

In early 2022, fear of higher interest rates contributed to a tech sell-off, and many investors exited riskier emerging technology companies, start-ups, and other high volatility investments within the space sector. But recent geopolitical conditions relating to Ukraine have revitalized interest in a different segment of the space sector—satellite and aerospace companies that provide “earth [.

Investing in Space: Satellites Show the Big Picture

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Viasat, Inc. (NasdaqGS: VSAT) with Inmarsat Plc, Inc. pursuant to which Inmarsat shareholders will receive $850 million in cash and approximately 46.36 million newly issued shares of Viasat common stock. At closing, on a pro forma basis, Inmarsat shareholders are expected to be issued shares representing an

VIASAT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Viasat, Inc. - VSAT

Viasat (VSAT) IFC solutions will enable high-quality, high-speed Internet and video streaming service on the personal electronic device of users to make air travel more digitally accessible and seamless.

Viasat (VSAT) to Power In-Flight Connectivity in Breeze

SALT LAKE CITY--(BUSINESS WIRE)--Breeze Airways, the Seriously Nice™ new U.S. low-fare airline founded by aviation entrepreneur David Neeleman, is adding 35 routes this summer from 10 new cities, coast to coast. Breeze, which began service in May, 2021 primarily in the east and southeast of the United States, is now expanding across the U.S. with 77 routes between 28 cities in 18 states. Breeze is heading west with service from San Francisco (SFO), Los Angeles (LAX), Las Vegas (LAS) and San Ber

Breeze Airways™ is Adding 35 Routes From 10 New Cities This Summer

CARLSBAD, Calif. , March 8, 2022 /PRNewswire/ -- Breeze Airways,  the Seriously Nice™ new U.S. low-fare airline, and Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced Viasat will outfit Breeze's complete Airbus A220-300 fleet with its most advanced in-flight connectivity (IFC) solution.

Breeze Airways, Viasat Partner to Bring High-Speed In-Flight Connectivity to Breeze's New Airbus A220-300 Fleet

Viasat ( VSAT , Financial) is satellite technology company that primarily provides bandwidth and internet services. These high-speed broadband services are targeted towards consumers, corporations and airlines.

Viasat: This Leading Satellite Company Appears Undervalued

CARLSBAD, Calif., March 7, 2022 /PRNewswire/ -- Viasat Inc.  (NASDAQ: VSAT), a global communications company, today announced it has partnered with five of its global airline customers—Aeromexico, Azul, Delta Air Lines, Icelandair and Neos—to support UN Women by driving awareness towards "gender equality today for a sustainable future tomorrow" in the context of the commemoration of International Women's Day.

Viasat Joins Forces with Five of its Commercial Airline Customers to Support UN Women's efforts for a Gender-Equal and Sustainable Future

Viasat said it believes "a cyber event" disrupted its satellite internet service in Ukraine as the country attempts to fend off a massive attack from Russia.

Viasat believes 'cyber event' is disrupting its satellite internet service in Ukraine

U.S.-listed satellite communications firm Viasat Inc said on Monday it was investigating a suspected cyberattack that caused a partial outage in its residential broadband services in Ukraine and other European countries.

Satellite firm Viasat probes suspected cyberattack in Ukraine and elsewhere

CARLSBAD, Calif., Feb. 22, 2022 /PRNewswire/ -- Via Satellite magazine announced today that global communications company, Viasat Inc. (NASDAQ: VSAT), has been named one of the Top 10 Hottest Satellite Companies for 2022.

Viasat Named One of Via Satellite Magazine's Top 10 Hottest Satellite Companies for 2022

CARLSBAD, Calif., Feb. 15, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its Visual Integrated Satellite communications Information, Operation and Networking (VISION) management software has successfully achieved Department of Defense (DoD) Joint Interoperability Test Command (JITC) Integrated Waveform (IW) certification.

Viasat's VISION Network Management Platform Achieves Department of Defense Certification

CARLSBAD, Calif., and ÖJEBYN, Sweden, Feb. 9, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced an agreement with Arctic Space Technologies, a company that offers highly-reliable, secure satellite data handling services, to establish and host Viasat's first high-latitude Real-Time Earth (RTE) facility in Öjebyn, Sweden.

Viasat Expands Real-Time Earth Global Footprint; Partners with Arctic Space Technologies on Viasat's First High-Latitude Real-Time Earth Facility in Sweden

CARLSBAD, Calif., Feb. 8, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that Viasat Executive Chairman Mark Dankberg and former NASA Administrator and current Viasat Board Member, Jim Bridenstine, will provide a keynote presentation at tomorrow's 7th Annual SmallSat Symposium.

Viasat Executive Chairman, Mark Dankberg and Former NASA Administrator and Current Viasat Board Member, Jim Bridenstine, to Deliver Keynote Presentation at SmallSat Symposium 2022

ViaSat Inc. (VSAT) CEO Rick Baldridge on Q3 2022 Results - Earnings Call Transcript

Viasat Inc  VSAT reported third-quarter FY22 revenue growth of 25% year-on-year to $719.7 million, beating the consensus of $712.5 million. Revenue from Satellite Services rose 40% Y/Y to $309.7 million, Commercial Networks increased 55% Y/Y to $139.7 million, and Government Systems grew 2% Y/Y to $270.3 million.

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