California-based satellite operator Viasat reported its Q3 numbers after the market closed on February 6th. Chairman and CEO Mark Dankberg said revenues grew 8 per cent to $1.1 billion (€1.02bn) which was up an impressive 73 per cent y-o-y improvement of 2023’s $651 million. However, the company’s net loss rose to $124 million (a loss […]

Viasat of California, which also now owns London-based Inmarsat, made some bif announcements at its Q2 financial report; one satellite has been cancelled and 800 staff laid off. Viasat stated that its results showcased “resilient growth and momentum” but was making key decisions on capital expenditure that will strengthen the focus on its mobility and […]

Viasat had an impressive Q1 and reported revenue of $780 million (€707.6m) – up 36 per cent on the same period last year. Chairman Mark Dankberg said that the company was working with its antenna supplier (Northrop Grumman) and was looking to remedy the problems with its ViaSat 3 Americas satellite. If its ViaSat 3 […]

Viasat’s Annual Report, issued on August 1st, talks about the “the unanticipated ViaSat-3 Americas reflector deployment issue necessitates certain new priorities to execute on our long-term growth strategy.” “The ViaSat-3 constellation was designed to help us execute our global mobile strategy. Thus, the current situation with the ViaSat-3 Americas reflector undeniably presents some new business […]

Viasat’s CEO Mark Dankberg, in a letter to shareholders following the acquisition of Inmarsat, has said that the purchase represented a “big step” for the business and that the next move was to thoughtfully integrate two companies into a single cohesive team with common purpose, shared insights, targeted innovation, and trusted service delivery. “We have […]

Mark Dankberg, chairman of Viasat, said that his company’s airline clients were buying into the concept of geostationary satellites and that the recently launched ViaSat-3 satellite would make a major difference to its airline broadband services. Viasat serves 15 airlines including Delta Air Lines which represents major – and growing – demand on Viasat’s satellite […]

California-based satellite operator Viasat has reported record full-year revenues, up 6 per cent y-o-y, at $2.6 billion (€2.4bn). Revenues were helped by a strong return to business for its in-flight broadband services and the company said it expected its acquisition of London-based Inmarsat to close by the end of May subject to receiving approval from […]