New Viasat Capacity to Enhance Passenger Wi-Fi
Services for Airlines Operating Over North America, Including
Routes to Hawaii
CARLSBAD, Calif., Aug. 5, 2024
/PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader
in satellite communications, today announced that ViaSat-3 F1 (VS3
F1) has entered commercial service and is now available for
aviation customers operating over North
America, including routes servicing Hawaii. This follows a period of testing and
live trials, which took place during the first half of the calendar
year (2024).
"This is exciting news for our aviation customers and the
millions of passengers who use inflight Wi-Fi services powered by
the Viasat network," said Jimmy
Dodd, President, Aviation segment at Viasat, Inc. "Bringing
ViaSat-3 F1 into commercial service for aviation customers will
significantly enhance the passenger experience available over
North America, including streaming
content and staying in touch with the world when flying."
"Today's announcement is also a significant technical
achievement for Viasat and signals the start of revenue generating
services from the first of our three ground-breaking ViaSat-3
satellites," added Craig Miller,
President, Global Space Networks, Viasat, Inc. "A further two
ViaSat-3 satellites are currently in the late stages of production
and testing, including the successful completion of thermal vacuum
testing on ViaSat-3 F3 recently and the successful completion of
mechanical environmental testing on ViaSat-3 F2."
ViaSat-3 F1 experienced an antenna deployment anomaly following
its launch in April 2023. However,
extensive in-orbit testing demonstrated that all other systems on
the satellite were operating at or beyond expectations. And while
the antenna deployment anomaly resulted in a significant reduction
in overall capacity, the resiliency and high-performance
specifications of the ViaSat-3 satellite system still allows the
satellite to support high-speed broadband services for aviation
customers over North America,
where the satellite is deployed.
Further information on ViaSat-3 F1 will be provided at our next
financial results call on August 7,
2024.
About Viasat
Viasat is a global communications
company that believes everyone and everything in the world can be
connected. With offices in 24 countries around the world, our
mission shapes how consumers, businesses, governments and
militaries around the world communicate and connect. Viasat is
developing the ultimate global communications network to power
high-quality, reliable, secure, affordable, fast connections to
positively impact people's lives anywhere they are—on the ground,
in the air or at sea, while building a sustainable future in space.
In May 2023, Viasat completed its
acquisition of Inmarsat, combining the teams, technologies and
resources of the two companies to create a new global
communications partner. Learn more at www.viasat.com, the
Viasat News Room or follow us on
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or YouTube.
Copyright © 2024 Viasat, Inc. All rights reserved. Viasat,
the Viasat logo and the Viasat Signal are registered in the U.S and
in other countries to Viasat, Inc. All other product or company
names mentioned are used for identification purposes only and may
be trademarks of their respective owners.
Forward-Looking Statements
This press release contains
forward-looking statements that are subject to the safe harbors
created under the Securities Act of 1933 and the Securities
Exchange Act of 1934. Forward-looking statements include,
among others, statements that refer to the expected performance,
capabilities and anticipated benefits of the ViaSat-3 F-1
satellite, including projected bandwidth coverage over North America and revenue generation; the
production and testing of the two additional ViaSat-3 class
satellites; and Viasat's ability to realize the anticipated
benefits of the remaining ViaSat-3 class satellites. Readers
are cautioned that actual results could differ materially from
those expressed in any forward-looking statements. Factors
that could cause actual results to differ include: risks associated
with the construction, launch and operation of the ViaSat-3 class
satellites, including the effect of any anomaly, operational
failure or degradation in satellite performance; the ability
to realize the anticipated benefits of the ViaSat-3 class
satellites; unexpected expenses or delays related to the ViaSat-3
class satellites; the ability to successfully implement Viasat's
business plan for broadband services on Viasat's anticipated
timeline or at all, including with respect to the ViaSat-3 class
satellites; contractual problems, product defects, manufacturing
issues or delays; regulatory issues; technologies not being
developed according to anticipated schedules, or that do not
perform according to expectations; and increased competition and
other factors affecting the connectivity sector, generally. In
addition, please refer to the risk factors contained in our SEC
filings available at www.sec.gov, including our most recent Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are
cautioned not to place undue reliance on any forward-looking
statements, which speak only as of the date on which they are made.
We undertake no obligation to update or revise any forward-looking
statements for any reason.
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SOURCE Viasat, Inc.