Viasat Inc
VSATViasat Inc (VSAT) is a global communications company specializing in satellite and wireless connectivity solutions. Founded in 1986, Viasat provides broadband internet services, secure networking, and in-flight connectivity for residential, commercial, military, and government customers worldwide. The company is known for its advanced satellite technology and innovative broadband solutions designed to deliver high-speed internet access in remote and underserved areas.
Company News
Viasat stock gained 4.15% after Morgan Stanley analyst Landon Park raised his price target by 325% to $51 per share, citing the developing Direct-to-Device market and adopting a sum-of-the-parts valuation approach. However, the analyst remains skeptical, noting Viasat is unprofitable with a $6 billion market cap, $5.8 billion in net debt, and a 4...
Evergreen Marine, Taiwan's largest container shipping line, has upgraded its entire fleet to Inmarsat's NexusWave bonded connectivity solution. The transition from Fleet Xpress aims to enhance crew welfare, strengthen cybersecurity, and enable digital operations including predictive analytics and IoT integration across the fleet.
President Trump's Golden Dome missile defense project has awarded a $151 billion contract through the SHIELD program to 2,100 contractors. The contract, administered by the U.S. Missile Defense Agency, represents the first phase of funding through 2035. Major defense contractors and satellite companies including Boeing, Lockheed Martin, Northrop ...
ITA Airways is implementing Iris satellite communication technology on four Airbus A320neo aircraft to improve operational efficiency, reduce emissions, and support the Single European Sky initiative, with commercial deployment starting in 2026.
Inmarsat Maritime is enhancing its NexusWave maritime connectivity service with new ViaSat-3 satellites and a VS60 maritime terminal, promising increased bandwidth, faster data transfers, and improved network efficiency for maritime customers.
