$VSAT (ViaSat Inc.)

$VSAT {{ '2016-08-09T22:26:11+0000' | timeago}} • Webcast

$VSAT said the ViaSat-2 satellite construction and integration is essentially complete and the spacecraft is in the middle of environmental stress screening. All functional performance testing has been completed and the satellite meets its performance objectives. R&D investments in ground gateway technologies are reducing system capital costs.

$VSAT {{ '2017-07-12T20:34:46+0000' | timeago}} • Announcement

$VSAT appointed Varsha Rao to its BoD. Rao will serve as a Class III Director effective immediately. With this appointment, the company's Board now consists of nine members, seven of whom are independent directors.

$VSAT {{ '2017-06-26T12:41:32+0000' | timeago}} • Announcement

Broadband services provider $VSAT has received contracts worth $88.3MM from the US Navy Space and Naval Warfare Systems Command to provide ‘information distribution system - radio system terminals’ for the navy and air force. Under the Lot 5 and Lot 5a contracts, ViaSat will provide data link and programmable networking technologies for warfighter.

$VSAT {{ '2017-06-22T13:20:49+0000' | timeago}} • Announcement

$VSAT said that following the successful launch of the ViaSat-2 satellite on June 1, 2017, the satellite has now completed additional major milestones including the chemical orbit raising phase of the program; and deployment of its solar arrays.

$BA {{ '2017-06-20T12:51:29+0000' | timeago}} • Announcement

$BA has awarded $VSAT a multi-year contract for the production of  a two-channel Small Tactical Terminal for AH-64E Apache Guardian aircraft. The base contract calls for a minimum of 534 terminals to be produced over the next four years, and will eventually contain options.

$VSAT {{ '2017-06-14T12:52:37+0000' | timeago}} • Announcement

$VSAT received a follow-on contract from $LMT to deliver datalink communications for the integration and test phase of the U.S. Navy's Long Range Anti-Ship Missile (LRASM) program. The LRASM solution is just the first in a series of offerings that ViaSat plans to bring to the marketplace over the next 12-18 months

$VSAT {{ '2017-06-02T12:15:59+0000' | timeago}} • Announcement

$VSAT announced the successful launch of its ViaSat-2 satellite aboard an Arianespace Ariane 5 ECA launch vehicle. The Ariane 5 ECA carrying ViaSat-2 lifted off June 1 from the Guiana Space Center, located in Kourou, French Guiana.

$VSAT {{ '2017-05-23T22:03:23+0000' | timeago}} • Webcast

Going forward, $VSAT expects to have continued challenging market conditions and multiple competitors in its market segments. The company estimates U.S. DoD budget wrangling to create lumpiness in award timing.

$VSAT {{ '2017-05-23T21:52:13+0000' | timeago}} • Webcast

$VSAT said that despite the high utilization of its existing satellites it still expects year-over-year revenue growth in FY18 and beyond. The company expects to increase its presence in Europe through its new joint venture and existing customer relationships.

$VSAT {{ '2017-05-23T20:38:46+0000' | timeago}} • Announcement

Revenue for $VSAT's Satellite Services segment rose 11% to $160.9MM in 4Q17. While revenue from Commercial Networks dropped 5% to $59.1MM, Government Systems surged 19.5% to $196.5MM. ViaSat-2 satellite is now scheduled to launch on June 1, 2017, with broadband services expected to be available in 4Q18 following in-orbit testing.

$VSAT {{ '2017-05-23T20:29:22+0000' | timeago}} • Announcement

$VSAT reported a 49.4% increase in its profit in 4Q17, fueled by the performance of its Satellite Services and Government Systems segments. Net income was $6.7MM or $0.11 per share compared to $4.5MM or $0.09 per share in the prior year quarter. Revenue rose 12% to $416.4MM and non-GAAP EPS increased 10.3% to $0.32.

$VSAT {{ '2017-05-22T20:33:00+0000' | timeago}} • Announcement

$VSAT received a contract from $BA to deliver its KOR-24A Small Tactical Terminals (STT) for integration onto $BA’s AV-8B Harrier attack aircraft for United States Marine Corps (USMC) and international customers. The contract is worth about $20MM including exercisable options.

$VSAT {{ '2017-04-04T12:09:03+0000' | timeago}} • Announcement

Singapore Airlines selected $VSAT's AeroDocs document management system to distribute its digital documents in a secure, controlled manner, with advanced workflow tracking to help maintain aviation regulatory compliance.

$ETL {{ '2017-03-06T17:42:44+0000' | timeago}} • Announcement

$ETL and $VSAT closed their partnering arrangement combining $ETL's established European broadband business with $VSAT's broadband technology know-how and Internet Service Provider (ISP) business expertise.

$VSAT {{ '2016-11-18T13:36:21+0000' | timeago}} • Announcement

$VSAT priced its underwritten public offering of 6.5MM common shares at $69.74 per share, before underwriting discounts. The closing of the sale of the common stock is expected to occur on Nov. 23, 2016. $VSAT has granted underwriters an option to buy up to an additional 975,000 shares within 30 days after the offering.

$VSAT {{ '2016-11-14T13:43:29+0000' | timeago}} • Announcement

$VSAT acquired Acronics, a provider of software solutions to the aviation industry. Through this acquisition, the company aims to gain broader expertise, aviation-grade software and mobile applications to make flying safer and more entertaining.

$VSAT {{ '2016-11-09T16:01:33+0000' | timeago}} • Infographic

$VSAT ViaSat Earnings AlphaGraph: Q2 2017 Highlights

$VSAT {{ '2016-11-08T21:34:08+0000' | timeago}} • Announcement

$VSAT expects the ViaSat-2 satellite to ship before calendar year-end. $VSAT is making exciting early progress on ViaSat-3 platform, which will significantly expand bandwidth resources, lower costs, increase geographic footprint and expand addressable markets as it position to deliver abundant, cost-effective broadband access on global scale.

$VSAT {{ '2016-11-08T21:33:05+0000' | timeago}} • Announcement

$VSAT's Government Systems segment achieved a 21% jump in 2Q17 revenues. Operating profit climbed 47% on strong growth in cybersecurity and information assurance products as well as tactical data links product revenues and government managed Wi-Fi services revenues.

$VSAT {{ '2016-11-08T21:31:38+0000' | timeago}} • Announcement

$VSAT's Commercial Networks segment recorded a decline in 2Q17 revenue. Research and development expenses were up 63% YoverY. The rise in R&D expenses was due to expenses associated with internal development of ViaSat-3 payloads and in expanding the commercial in-flight internet solution portfolio.

$VSAT {{ '2016-11-08T21:30:35+0000' | timeago}} • Announcement

$VSAT's Satellite Services segment recorded 2Q17 revenue growth of 11% YoverY and operating profit growth of 55%. This was driven by expanded residential services offerings, which drove higher average revenue per user (ARPU), as well as a rise in number of commercial aircraft that have installed $VSAT's high-speed in-flight internet system.

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