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STARLUX Commits To Viasat With Launch Of Enhanced In-Flight Connectivity Service
GlobeNewswire· 2025-02-04 10:00
New, High-Speed Connectivity Set To Roll Out Across the Carrier’s Full Fleet To Further Distinguish STARLUX’s Exceptional In-Flight ExperienceTAIPEI, Taiwan and CARLSBAD, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- STARLUX, a Taipei-headquartered luxury carrier, and Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced STARLUX aircraft has launched enhanced service with Viasat’s high performance in-flight connectivity (IFC) solution, marking an expanded relationship. The pha ...
Viasat Set to Report Q3 Results: Here's What You Should Know
ZACKS· 2025-02-03 17:50
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 Wins Task Order Award to Provide U.S. Space Force with Low Earth Orbit Services
GlobeNewswire· 2025-02-03 13:00
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, ...
Viasat Sets February 6, 2025 for Third Quarter Fiscal Year 2025 Financial Results Conference Call and Webcast
GlobeNewswire· 2025-01-30 21:05
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 ...
What To Do After Viasat Stock Soared
Seeking Alpha· 2025-01-27 18:14
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Why Viasat Stock Blasted 29% Higher This Week
The Motley Fool· 2025-01-24 23:53
Over the past few trading days, Viasat (VSAT -0.48%) stock ascended like a gravity-defying spacecraft. Shares of the satellite communications specialist ballooned in price, rising by 29% this week, according to data compiled by S&P Global Market Intelligence.Nabbing a new NASA gigMuch of that pop was due to Viasat's news, released on Tuesday, that it earned some work from a well-funded arm of the federal government.Specifically, this is the National Aeronautics and Space Administration (NASA), which has inc ...
Viasat Secures $4.8B NASA Contract: Will This Benefit the Stock?
ZACKS· 2025-01-22 17:36
NASA Contract and Viasat's Role - NASA awarded Viasat a $4 82 billion Near Space Network (NSN) Services contract to enhance direct-to-Earth capabilities over a five-year period [1] - Viasat will provide global ground segment support for NASA missions, leveraging its Real-Time Earth (RTE) Ground-Segment-as-a-Service network for high-throughput satellite-to-ground communications [2] - The RTE network delivers multi-gigabit-per-second downlinks across six continents, integrating AI, machine learning, and cloud-based optimization for scalable solutions [3] Viasat's Competitive Advantages - Viasat's bandwidth productivity and global coverage give it a competitive edge over traditional satellite providers, particularly in mobile broadband and in-flight connectivity [5] - The company's global Ka-band network offers enhanced bandwidth and flexibility, with plans to integrate additional space relay solutions for L-band and Ka-band [6] - Partnerships with ATLAS Space Operations and the Alaska Satellite Facility strengthen NASA's satellite communication infrastructure, providing cost-effective and geographically diverse solutions [4] Financial and Stock Performance - Viasat's stock has declined 52 5% over the past year, underperforming the industry's 28 3% growth [8] - The NASA contract reinforces Viasat's position as a trusted partner, likely leading to higher revenues and improved financial performance [7] Industry Comparison - Ubiquiti Inc (UI) has a Zacks Rank 1 (Strong Buy) and delivered a 20 9% earnings surprise in the last quarter, driven by effective global network management [11] - InterDigital Inc (IDCC) holds a Zacks Rank 2 (Buy) with a long-term growth expectation of 17 44%, focusing on advanced mobile technologies [12] - Keysight Technologies (KEYS) also carries a Zacks Rank 2, benefiting from growth in electronic content in vehicles, space applications, and driver-assistance systems [13]
Viasat Announces Reorganization of Senior Executive Team
GlobeNewswire· 2025-01-22 13:00
Company Reaffirms Fiscal Year 2025 Financial GuidanceCARLSBAD, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced a restructuring of its Senior Executive Team to better position the company for long-term growth. Effective today, January 22, Craig Miller, currently President of Global Space Networks, will become Senior Vice President, Strategic Initiatives. In his new role, Miller will work closely with Mark Dankberg, Viasat’s C ...
Viasat Selected for $4.8B Ceiling NASA Near Space Network Services Contract
Newsfilter· 2025-01-21 13:00
CARLSBAD, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, announced today it was selected by NASA to support the agency's direct-to-Earth (DTE) capabilities via the Near Space Network (NSN) Services contract, part of a five-year multi-award indefinite delivery, indefinite quantity (IDIQ) contract program with an option to extend five years at a total cumulative value of $4.82 billion. Viasat is one of four commercial companies NASA announced ...
Will Viasat's Non-Core Asset Sale for Core Focus Aid the Stock?
ZACKS· 2024-12-19 14:51
Viasat, Inc. (VSAT) recently completed the divestiture of its Energy Services System Integration (SI) business to a U.S.-based private investment firm, MAG Capital Partners, for an undisclosed amount. The move aligns with Viasat's ongoing strategy to actively manage its portfolio by divesting non-core assets and enhance its financial position by focusing on core business growth. VSAT’s Strategic RestructuringViasat acquired the SI business through the purchase of RigNet, Inc., a leading provider of networki ...