VSAT Stock Recent News

Viasat will provide engineering and network modernization services to support U.S. Army Blue Force Tracker requirements CARLSBAD, Calif. , Sept. 5, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced today it has received a five-year, $153 million dollar contract at full value potential from the Defense Information Services Agency to provide network services and support for the U.S. Army Project Manager Mission Command (PM MC) Blue Force Tracker  (BFT) program.

On-demand, managed L-Band service offers a cost-effective, flexible solution for government mobile users CARLSBAD, Calif. , Sept. 4, 2024 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today introduced Enhanced LAISR, its global mobility, on-demand managed L-band service offering communications flexibility for airborne, maritime and land users worldwide.

The successful trial for the NexusWave solution will likely boost VSAT's commercial prospects in the maritime industry.

By expanding its network and increasing its coverage, Viasat (VSAT) is not only addressing the connectivity challenges in the Arctic but also setting a new standard for global satellite communications.

Enhanced scalability and on-demand service will offer global mobile users rapid service activation for tactical beyond line-of-sight communications CARLSBAD, Calif. , Aug. 14, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced the next evolution of its award-winning L-band tactical satellite service, L-TAC, delivering new features that allow service on-demand – when and where users need it.

Viasat (NASDAQ: VSAT ) stock is taking a beating on Tuesday after four major investors in the broadband and communications products and services company decided to dump some shares. Filings with the Securities and Exchange Commission (SEC) reveal that roughly 11.25 million shares of VSAT stock will be sold by investors.

Some of the satellite-services provider's biggest investors expect to sell some 11.2 million Viasat shares.

Space Norway's Arctic Satellite Broadband Mission successfully launched aboard a SpaceX Falcon 9 from Vandenberg Space Force Base, California, August 11, 2024 at 7.02pm PT. The two satellites carry payloads that Viasat aims to use to bring broadband connectivity to the Arctic from polar orbits.

Viasat, Inc. (NASDAQ:VSAT ) Q1 2025 Earnings Conference Call August 7, 2024 5:30 PM ET Company Participants Lisa Curran - Vice President, Investor Relations Mark Dankberg - Chairman of the Board, Chief Executive Officer, and Co-Founder Guru Gowrappan - President Shawn Duffy - Senior Vice President & Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Griffin Boss - B. Riley Securities Ryan Koontz - Needham & Company Ric Prentiss - Raymond James Christopher Quilty - Quilty Space Louie DiPalma - William Blair Operator Please standby.

Viasat stock surged by 37.82% after posting first-quarter results, with revenue growing by 6% Y/Y. Despite earnings beating expectations, analysts revised their outlook downward, but VSAT reported a 16% Y/Y increase in EBITDA. Viasat expects adjusted EBITDA to grow in the mid-single digit percentage, with a focus on cutting debt amid a high interest rate environment.