CARLSBAD, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, today published its third quarter fiscal year 2025 financial results in a letter to shareholders, which, along with webcast slides, is now posted to the Investor Relations section of Viasat's website. As previously announced, Viasat will host a conference call today, Thursday, February 6, 2025 at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. The dial in numbers for the conference a ...

Exhibit 99.2 Q3 FY25 Shareholder Letter Fellow shareholders, our Q3 fiscal year 2025 results are good and moderately better than expectations - and we remain on track for our full fiscal year guidance. Performance reflected a blend of good growth in our strongest target markets, transitions to enhanced value propositions in maritime, and expected declines in fixed broadband. We are also making steady progress in achieving capital synergies and operating cost efficiencies supporting earnings and driving cash ...

LONDON, Feb. 06, 2025 (GLOBE NEWSWIRE) -- A.P. Moller - Maersk (Maersk), one of the world's largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk's global fleet of approximately 340 container ships. The agreement will see bandwidth enhancements rolled out across Maersk's entire fleet of owned container ships between 2025 and 2026. These upgrades are part of Maersk's strategic roadmap to facilitat ...

Core Viewpoint - STARLUX Airlines has partnered with Viasat Inc. to enhance in-flight connectivity across its fleet, marking a significant step in providing premium passenger experiences in the Asia Pacific region [1][3][5]. Group 1: Partnership Details - The collaboration involves the phased rollout of Viasat's high-speed in-flight Wi-Fi service across STARLUX's entire active fleet of 48 aircraft, including Airbus A330-900s, A321neos, A350-900, and A350-1000 [2][4]. - Viasat's advanced connectivity system is based on the ViaSat-3 compatible GM-40 terminal solution, which is designed for high performance and multi-orbit readiness [2][3]. Group 2: Passenger Experience - STARLUX aims to provide an exceptional passenger Wi-Fi experience, allowing travelers to stream content, browse the internet, and stay connected during flights [4][5]. - The airline is recognized for its commitment to passenger comfort, operating the world's youngest fleet with an average age of 2.06 years [5]. Group 3: Operational Scope - Initially, Viasat-enabled aircraft will service major Asian transport hubs, including Taipei, Singapore, Jakarta, and Tokyo, among others [6]. - STARLUX operates a total of 26 routes from Taiwan to various international destinations, emphasizing luxury and safety in its service offerings [7]. Group 4: Company Background - STARLUX Airlines was founded with the philosophy that luxury travel should be accessible to everyone, not just the elite [7]. - Viasat is a global communications company focused on providing reliable and secure connectivity solutions across various sectors, including aviation [8].

Core Insights - STARLUX Airlines has partnered with Viasat Inc. to enhance in-flight connectivity across its entire fleet, marking a significant upgrade in passenger experience [1][3][5] Group 1: Partnership and Technology - The phased rollout of Viasat's high-speed in-flight Wi-Fi service will cover STARLUX's entire active fleet of 48 aircraft, including Airbus A330-900s, A321neos, A350-900, and A350-1000 [2] - Viasat's advanced connectivity system is based on the ViaSat-3 compatible and multi-orbit ready GM-40 terminal solution, which will be installed through factory installs and expedited retrofits [2][3] - STARLUX is one of the first airlines in the Asia Pacific region to adopt Viasat's cutting-edge in-flight connectivity solution, emphasizing its commitment to passenger-centric innovation [3] Group 2: Passenger Experience - With Viasat's high-capacity Ka-band satellite network, passengers will have the ability to stream movies, browse the internet, and stay connected through messaging apps while flying [4] - The partnership aims to create a refined connected experience that aligns with STARLUX's luxury travel philosophy, enhancing overall passenger comfort and well-being [5] Group 3: Operational Scope - Initially, Viasat-enabled aircraft will service major Asian transport hubs, including Taipei, Singapore, Jakarta, and Tokyo, among others [6] - STARLUX operates a total of 26 routes from Taiwan to various international destinations, focusing on providing a luxurious travel experience [7]

Viasat, Inc. (VSAT) is scheduled to report third-quarter fiscal 2025 results on Feb. 6, after the closing bell. The company missed earnings estimates in three of the trailing four quarters and surpassed once.See the Zacks  Earnings Calendar to stay ahead of market-making news.Despite healthy demand in the Defense and Advanced Technologies segment, Viasat’s revenue is expected to remain flat year over year in the third quarter of fiscal 2025, owing to weakness in the Communication Services segment.Factors a ...

Viasat will provide a low Earth orbit satellite communications capability to support Department of Defense missionsCARLSBAD, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that Inmarsat Government (dba Viasat) received a Task Order award to provide satellite communications (SATCOM) services under the Proliferated Low Earth Orbit (PLEO) Satellite-Based Services (SBS) Indefinite Delivery, Indefinite Quantity (IDIQ) contract, ...

CARLSBAD., Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its third quarter fiscal year 2025 financial results on Thursday, February 6, 2025 after the market closes, via a letter to shareholders posted to the Investor Relations section of its website. The Company will also host a conference call and webcast on Thursday, February 6, 2025 at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. To participate on th ...

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Core Insights - Viasat's stock surged by 29% over the past week, attributed to recent contract news with NASA [1][2] Group 1: NASA Contract - Viasat has been awarded a role in NASA's $4.8 billion Near Space Network (NSN) contract, which spans five years and aims to establish relay services from low Earth orbit to 2 million kilometers [3] - The company will be one of four participants in the NSN initiative, providing direct-to-earth connection services for NASA missions [4] Group 2: Management Restructuring - Viasat announced a restructuring of its C-suite, with President Guru Gowrappan stepping down and no plans for a replacement [4] - Craig Miller, the current president of global space networks, will take on the role of senior vice president of strategic initiatives, while CTO Girish Chandran will assume Miller's previous position [4] Group 3: Financial Performance - Despite recent positive developments, Viasat has faced consistent bottom-line losses, indicating the need for the company to demonstrate long-term viability [5]