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VSAT Solution Supports Advanced Maritime Application: Stock to Gain?
ViaSatViaSat(US:VSAT) ZACKSยท2024-12-05 14:45

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]