Viasat and Skylo have shared messages from a mobile device over satellite for the first time in the country in collaboration with the Telecommunications and Digital Government Regulatory Authority (TDRA): marking the third major demo this quarter.CARLSBAD, Calif., Dec., 11, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has successfully demonstrated direct-to-device (D2D) satellite connectivity for the first time in the United Arab Emirates. ...

Core Insights - Viasat, Inc. has collaborated with the U.S. Department of Defense to support maritime autonomous system experiments as part of the AUKUS coalition, focusing on interoperability and operational capabilities [1][3] - The company provided a NetAgility Software Defined Networking platform to facilitate communication among various uncrewed autonomous vehicles during the experiment [2] - Viasat's advanced communication infrastructure enhances the AUKUS coalition's operational efficiency, showcasing the reliability of its solutions [3] Industry Trends - The defense sector is increasingly adopting autonomous devices for improved battlefield awareness and decision-making, indicating growth potential for Viasat's tactical network solutions [4] - Viasat is investing in the ViaSat-3 broadband communications platform, which will significantly increase bandwidth capacity and expand global coverage [5] Competitive Landscape - Viasat faces intensifying competition from major players like AT&T, Comtech, Starlink, and DISH Network, which is affecting its net sales [6] - Over the past year, Viasat's stock has decreased by 59.3%, contrasting with the industry's growth of 41.3% [7]

MIDDLETOWN, R.I., Dec. 05, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced that, together with international shipping leader Vroon, they have completed the deployment of Starlink/VSAT hybrid connectivity aboard 58 Vroon vessels. The hybrid configuration employs new Starlink Flat High Performance Terminals and Starlink service configured to work in concert with the existing KVH TracPhone® V7-HTS VSAT terminals and Iridium Certus units already onboard Vroon’s fleet. “Our crews’ w ...

Editor's note: Seeking Alpha is proud to welcome Oskar Goyvaerts as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.My name is Oskar Goyvaerts, and I'm the Chief Investment Officer at Moretus Investments, a value-driven investment firm. I focus on identifying undervalued businesses that are trading far below their intrinsic value. We've been highly succe ...

Core Insights - Viasat, Inc. has partnered with Skylo to demonstrate direct-to-device satellite connectivity in Saudi Arabia, marking the first D2D trial in the Middle East [1] - The trial utilized commercial NTN-enabled Android smartphones to send satellite-enabled two-way messages and SoS communications, employing 3GPP standards-compliant infrastructure [2] - D2D connectivity is emerging as a transformative technology, allowing standard consumer devices to connect efficiently with satellite and terrestrial networks, reducing operating costs by eliminating the need for additional hardware [3] Industry Trends - D2D services address connectivity issues in dead zones and lower the significant upfront investment required for terrestrial networks, making it easier for enterprises to establish connectivity in underserved areas [4] - The technology is gaining attention globally due to its cost efficiency, lower deployment costs, greater coverage, and higher resiliency compared to traditional networks [4] Company Strategy - Viasat is advancing its satellite connectivity portfolio, recently collaborating with BSNL in India for a D2D trial, as part of its strategy to enhance commercial prospects in the Gulf and Asia-Pacific regions [5] - The company is investing in the ViaSat-3 broadband communications platform, which will have nearly 10 times the bandwidth capacity of ViaSat-2, aiming to form a global broadband network [6] Competitive Landscape - Viasat faces intensifying competition from major players like AT&T, Comtech, Starlink, and DISH Network, which is impacting net sales [7] - Over the past year, Viasat's shares have decreased by 54%, contrasting with the industry's growth of 41.1% [8]

Company Overview - ViaSat (NASDAQ: VSAT) is known for producing military communications equipment and has recently been involved in significant stock transactions by U.S. Representative Debbie Wasserman Schultz [1][3]. Recent Transactions - Representative Debbie Wasserman Schultz acquired a stake in ViaSat valued between $1,001 and $15,000 on October 23, 2024, with the transaction disclosed on November 20, 2024 [2][3]. - This transaction is part of a broader pattern, as Schultz has been active in stock trading, executing 113 trades totaling approximately $1.75 million, with a significant focus on the information technology sector [6][7]. Market Context - The acquisition comes amid heightened geopolitical tensions due to the ongoing conflict between Russia and Ukraine, although markets have not shown significant movement in response [2][8]. - Despite the relevance of ViaSat in defense, its stock has faced a prolonged decline, dropping an additional 32% since Schultz's purchase, and is down approximately 73% year-to-date [8]. Financial Performance - ViaSat reported a reduced net loss of $138 million in its Q2 earnings, down from $767 million, despite a slight revenue dip to $1.12 billion from $1.13 billion [9]. - The company achieved record contract awards totaling $1.3 billion during the same quarter, indicating notable progress despite the financial challenges [9].

CARLSBAD, Calif., Nov. 13, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that its President of Global Space Networks, Craig Miller, will be participating in the Deutsche Bank Global Space Summit, which will be hosted in New York, New York on Wednesday November 20, 2024 at 3 p.m. ET. Miller, who previously led the Viasat Government Systems business, will participate in the in-person summit on a defense technology panel alongside commercial and ...

MEXICO CITY, Nov. 13, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global communications company, today announced the launch of its innovative home and mobile broadband service in Mexico. Viasat, in collaboration with Altán, the Mexican telecommunications wholesaler, will integrate Viasat's satellite and wireless LTE technologies with Altán's shared mobile network and provide cellular coverage for consumers in previously uncovered areas across Mexico. Viasat's service is available today in 13 states ...

Viasat Inc. (VSAT) reported mixed second-quarter fiscal 2025 results, with the top line surpassing the Zacks Consensus Estimate but the bottom line missing the same. The company’s top line marginally declined, owing to weakness in space and mission systems, maritime and advanced technologies and other verticals.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Growth in aviation and government satcom verticals supported the top line during the quarter.VSAT’s Net IncomeThe company incu ...

ViaSat (VSAT) came out with a quarterly loss of $1.07 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to loss of $6.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -91.07%. A quarter ago, it was expected that this provider of satellite and wireless networking technology would post a loss of $0.42 per share when it actually produced a loss of $0.26, delivering a surprise of 38.10%.Over the las ...