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Viasat Announces Proposed Private Placement of $1,250 Million of Senior Secured Notes
Prnewswire· 2024-09-09 11:31
CARLSBAD, Calif., Sept. 9, 2024 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) announces that its whollyowned indirect subsidiaries, Connect Finco SARL and Connect U.S. Finco LLC (together, the "Issuers"), intend to commence an offering of $1,250 million in aggregate principal amount of Senior Secured Notes due 2029 (the "notes"), subject to market and other conditions. The Issuers are wholly-owned indirect subsidiaries of Connect Bidco Limited ("Inmarsat"), a wholly-owned indirect subsidiary of Viasat. The no ...
Viasat Secures $153M Contract to Support BFT Program: Stock to Gain?
ZACKS· 2024-09-06 17:31
Viasat, Inc. (VSAT) recently secured a new contract from the Defense Information Services Agency aimed at providing network services to the U.S. Army Project Manager Mission Command's Blue Force Tracker (BFT) program. The contract, valued at $153 million, spans five years, including a base year and four one-year option periods. VSAT's Role in Situational Awareness The BFT network has been playing a crucial role for more than two decades in providing critical situational awareness to U.S. military commanders ...
Viasat Launches Enhanced LAISR Solution: Will the Stock Benefit?
ZACKS· 2024-09-05 15:40
Viasat, Inc. (VSAT) has achieved a significant milestone in the satellite telecommunications industry with the launch of its cutting-edge Enhanced L-band Airborne Intelligence, Surveillance and Reconnaissance (LAISR) solution, aimed at offering flexible communications to airborne, maritime and land users worldwide. VSAT's Focus on Cost-Effective SATCOM Connectivity Headquartered in Carlsbad, CA, Viasat designs, develops and markets advanced digital satellites and other wireless networking and signal-process ...
Viasat Awarded Potential $150 Million Blue Force Tracker (BFT) Network Services Contract by Defense Information Services Agency (DISA)
Prnewswire· 2024-09-05 12:00
Viasat will provide engineering and network modernization services to support U.S. Army Blue Force Tracker requirements CARLSBAD, Calif., Sept. 5, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced today it has received a five-year, $153 million dollar contract at full value potential from the Defense Information Services Agency to provide network services and support for the U.S. Army Project Manager Mission Command (PM MC) Blue Force Tracker (BFT) prog ...
Viasat Introduces Enhanced LAISR Service for Crewed and Uncrewed Airborne, Maritime and Land Platforms
Prnewswire· 2024-09-04 12:00
On-demand, managed L-Band service offers a cost-effective, flexible solution for government mobile users CARLSBAD, Calif., Sept. 4, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today introduced Enhanced LAISR, its global mobility, on-demand managed L-band service offering communications flexibility for airborne, maritime and land users worldwide. It will deliver highly available, flexible, on-demand capabilities enabled by Viasat's seamless, global L-band spa ...
Hapag Lloyd Trials Inmarsat NexusWave: Viasat's Stock to Gain?
ZACKS· 2024-09-03 17:11
Inmarsat Maritime, a wholly owned subsidiary of Viasat, Inc. (VSAT) , recently announced that a major global container liner shipping enterprise, Hapag Lloyd, has trialed the Inmarsat NexusWave solution. NexusWave is a fully managed service that integrates several high-speed networks as a single network solution to deliver consistent connectivity with unparalleled worldwide coverage. Powered by SD-WAN technology, the NexusWave facilitates intelligent traffic management and ensures mission-critical applicati ...
Viasat Appoints Gary Chase as Chief Financial Officer
Prnewswire· 2024-08-28 12:02
Scalable operational finance expertise supports growth plans CARLSBAD, Calif., Aug. 28, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced the appointment of Gary Chase as Chief Financial Officer, effective September 16, 2024. He will succeed Shawn Duffy, who will remain with Viasat in the role of Chief Accounting Officer. Mr. Chase joins Viasat from Delta Air Lines, where he most recently served as Senior Vice President of Operational Finance and ...
Viasat (VSAT) Boosts In-Flight Experience for Brazilian Airline
ZACKS· 2024-08-20 17:50
Viasat, Inc. (VSAT) recently announced that one of the prominent airlines in Brazil, Azul, has opted to deploy Viasat's in-flight WiFi service to enhance passenger's experience. Azul first partnered with Viasat in 2021, becoming the first South American airline to offer in-flight WiFi. In the recent venture, Azul plans to equip its seven aircraft in its new Airbus A330-900 neo fleet with in-flight connectivity powered by Viasat's ka-band network. In today's digital age, Internet service has become an import ...
Viasat (VSAT) Expands Arctic Connectivity With Satellite Launch
ZACKS· 2024-08-15 15:06
Viasat, Inc. (VSAT) has achieved a significant milestone with the launch of the Arctic Satellite Broadband Mission (ASBM) from Vandenberg Space Force Base. This mission, spearheaded by Heosat, a subsidiary of Space Norway, marks the deployment of two satellites — ASBM-1 and ASBM-2 — into a highly elliptical orbit (HEO), representing the first HEO mission to carry a commercial broadband service payload. These satellites will host the GX10A and GX10B Ka-band payloads, enabling Viasat to extend its high-speed ...
Viasat Announces the Next Evolution of its Award-Winning L-Band Tactical Satellite Service (L-TAC)
Prnewswire· 2024-08-14 12:00
Enhanced scalability and on-demand service will offer global mobile users rapid service activation for tactical beyond line-of-sight communications CARLSBAD, Calif., Aug. 14, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced the next evolution of its award-winning L-band tactical satellite service, LTAC, delivering new features that allow service on-demand – when and where users need it. The L-TAC service is delivered through Viasat's worldwide L- ...