$VSAT (ViaSat Inc.)

$VSAT {{ '2016-09-21T19:39:26+0000' | timeago}} • Announcement

$VSAT has partnered with NuWaves Engineering for the latter's Small Business Innovation Research Phase I contract with the US Army's Redstone Test Center to research and develop a Mode 5 Identification Friend or Foe (IFF) simulation and RF injection system.

$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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