Viasat to lead the lunar orbiting satellite communications portion of ESA's Moonlight Program, alongside Telespazio and a host of other European and UK companies. Project creates Europe's first lunar orbiting satellite network. LONDON, March 25, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, today joined the European Space Agency's Moonlight project ("Moonlight"), alongside program lead Telespazio. Moonlight is the European Space Agency's (ESA) program to develop a lunar orbiting Navigation and Communication system that will greatly enhance combined navigation and communications services for European and international missions both on t

CARLSBAD, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Inmarsat Maritime, a Viasat company, has signed an agreement with Solvang to equip the company's fleet with Inmarsat's NexusWave fully managed bonded connectivity service to support the leading gas shipping company's evolving crew and business connectivity requirements. Solvang's fleet, which includes six semi-refrigerated ethylene carriers, eight large gas carriers, and 13 very large gas carriers (including seven newbuilds), depends on reliable satellite connectivity. This connectivity is crucial for running cloud-based business applications and video conferencing, as well as ensuring that crew members can stay in touch with their fami

CARLSBAD, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- Inmarsat Maritime, a Viasat company, has verified its fully managed bonded connectivity service, NexusWave, achieved maximum download speeds of 330–340 megabits per second, with maximum upload speeds of 70–80 Mbps, in real world tests. The trials demonstrated average download and upload speeds of 120–150 Mbps and 20–45 Mbps respectively, with network availability on board NexusWave vessels over 99.99%. Unlike the load balancing which hybrid connectivity solutions typically use to deliver bandwidth via the best available underlay network, Inmarsat Maritime's NexusWave combines multiple underlays in one bonded connection. The solution al

CARLSBAD, Calif., March 06, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, today announced the first-of-its-kind demonstration of direct-to-device (D2D) connectivity for the automotive sector — opening the door for widescale adoption of satellite connectivity for automotive use cases. In a country-first, the tests saw different vehicles connect directly to Viasat's highly reliable L-band satellites and Skylo's network, to provide narrowband tracking, monitoring and messaging capabilities. The trials took place over the last four months between Blumenau and Curitiba in Southern Brazil. The tests, conducted by Viasat's ecosystem partner Gu

CARLSBAD, Calif., March 04, 2025 (GLOBE NEWSWIRE) -- Inmarsat Maritime, a Viasat company, announced that Toei Reefer Line Ltd, a leading supplier of sashimi-grade tuna, will install NexusWave on board the company's sophisticated factory vessels to support their evolving crew and business connectivity requirements. To maintain a level of quality consistent with the high expectations of its end customers in the Japanese consumer market, Toei Reefer Line employs specially trained personnel to load and operate its factory vessels, which are equipped to process, prepare, and store high-value cargoes at temperatures as low as -55⁰ C. Prioritising crew welfare, the company strives to ensure it

First standards-based commercial D2D service to activate millions of devices across 5 continents, now launching in Brazil, Australia, and New Zealand Skylo, the company powering commercially available, seamless ‘direct-to-device' satellite connectivity, today announced a $30 million oversubscribed funding round led by NGP Capital. Westly Group joined the round and existing investors Intel Capital, BMW i Ventures, Samsung Catalyst Fund, Next47, and others also participated. The company expanded its commercial coverage area with the addition of Brazil, Australia, and New Zealand plus additional regions, after having just introduced its service on major Tier-1 smartphones and partner carrier

CARLSBAD, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Viasat Inc. (NASDAQ:VSAT), a global leader in satellite communications, today announced that it is expanding its long-standing relationship with Aeromexico. Mexico's global airline has selected to retrofit its Boeing 787 Dreamliner fleet with Viasat's most advanced in-flight Wi-Fi solution. The fleet comprises 17 total aircraft, including eight B787-8s and nine B787-9s. The Boeing 787-8s will be equipped first, with installation for the 787-9s quickly following. The first of these new Viasat-equipped aircraft is set to enter service later in 2025. Viasat has provided in-flight connectivity on certain Aeromexico aircraft since 2018. The

CARLSBAD, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, today published its third quarter fiscal year 2025 financial results in a letter to shareholders, which, along with webcast slides, is now posted to the Investor Relations section of Viasat's website. As previously announced, Viasat will host a conference call today, Thursday, February 6, 2025 at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. The dial in numbers for the conference are U.S. (800) 715-9871 and International (646) 307-1963. Please reference conference ID 2357759. Participants can also listen to the live webcast from the Investor Relations section of

LONDON, Feb. 06, 2025 (GLOBE NEWSWIRE) -- A.P. Moller - Maersk (Maersk), one of the world's largest containership operators, and Inmarsat Maritime, a Viasat company, have signed an agreement to upgrade Inmarsat satellite communications services across Maersk's global fleet of approximately 340 container ships. The agreement will see bandwidth enhancements rolled out across Maersk's entire fleet of owned container ships between 2025 and 2026. These upgrades are part of Maersk's strategic roadmap to facilitate unified connectivity and transforms its vessels into fully operational floating offices as well as providing crews with improved connectivity. The concept of ‘floating office' is aime

TAIPEI, Taiwan and CARLSBAD, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- STARLUX, a Taipei-headquartered luxury carrier, and Viasat Inc. (NASDAQ:VSAT), a global leader in satellite communications, today announced STARLUX aircraft has launched enhanced service with Viasat's high performance in-flight connectivity (IFC) solution, marking an expanded relationship. The phased rollout of Viasat's high-speed, reliable in-flight Wi-Fi service will span STARLUX's entire active fleet. In total, 48 aircraft, including Airbus A330-900s, A321neos, A350-900 and A350-1000 aircraft will install or transition to Viasat's most advanced connectivity system, based on the ViaSat-3 compatible and multi-orbit re

Deutsche Bank upgraded Viasat from Hold to Buy and set a new price target of $15.00

Cantor Fitzgerald initiated coverage of Viasat with a rating of Neutral and set a new price target of $12.00

Needham reiterated coverage of Viasat with a rating of Buy and set a new price target of $19.00 from $28.00 previously

JP Morgan downgraded Viasat from Overweight to Neutral and set a new price target of $15.00 from $29.00 previously

Deutsche Bank initiated coverage of Viasat with a rating of Hold and set a new price target of $22.00

JP Morgan upgraded Viasat from Neutral to Overweight and set a new price target of $30.00 from $35.00 previously

JP Morgan resumed coverage of Viasat with a rating of Neutral and set a new price target of $35.00

William Blair downgraded Viasat from Outperform to Mkt Perform

Raymond James downgraded Viasat from Outperform to Mkt Perform

Raymond James reiterated coverage of Viasat with a rating of Outperform and set a new price target of $58.00 from $62.00 previously

Scalable operational finance expertise supports growth plans CARLSBAD, Calif., Aug. 28, 2024 /PRNewswire/ -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, today announced the appointment of Gary Chase as Chief Financial Officer, effective September 16, 2024. He will succeed Shawn Duffy, who will remain with Viasat in the role of Chief Accounting Officer. Mr. Chase joins Viasat from Delta Air Lines, where he most recently served as Senior Vice President of Operational Finance and was a member of the Delta Leadership Committee, a group of top executives reporting directly to the CEO. During his more than 12-year tenure at Delta Air Lines, Mr. Chase oversaw a number

VANCOUVER, British Columbia, Jan. 04, 2024 (GLOBE NEWSWIRE) -- MedBright AI Investments Inc. (the "Company" or "MedBright AI") (CSE:MBAI, OTCQB:MBAIF, FSE:1V7))) is pleased to announce that Trevor Vieweg has joined MedBright AI as Chief Executive Officer effective January 4, 2024. Mr. Vieweg was previously Head of Product Development at Viasat (NASDAQ:VSAT) and later served as Chief Technology Officer of Sea Machines Robotics, a venture backed AI and robotics start-up. He is an investor in, and co-founder of, Limmi, an artificial intelligence platform focused on powering complex healthcare data analytics systems, a MedBright AI investment. He holds a Bachelor's degree in mechanical & aero

ORANGE, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- Alignment Health — a consumer brand name of Alignment Healthcare, Inc. (NASDAQ:ALHC), a tech-enabled Medicare Advantage company — today announced the appointment of Melinda Kimbro as its new chief people officer. Kimbro joined on June 30 to lead the company's human resources (HR) function and will oversee all aspects of the Alignment employee experience, including talent acquisition, culture, diversity, equity and inclusion, total rewards, and facilities. She will also spearhead the strategic development of internal talent to help further drive innovation and provide rich, ongoing career growth opportunities for employees. "Championing ou

Decision follows Viasat's acquisition of Inmarsat CARLSBAD, Calif., June 14, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ:VSAT), a global leader in satellite communications, announced today that Rick Baldridge will be retiring from his role as Vice Chairman, effective June 30, 2023, and will remain a member of the Board of Directors. The announcement comes following a successful close of Viasat's acquisition of Inmarsat, a deal Baldridge led for the last two years. Baldridge joined Viasat in 1999, and has served in senior executive roles including Executive Vice President and Chief Operating Officer from 2002, and as President and Chief Operating Officer from 2003. He was appointed President an

Transaction Creates a New Global Partner in Satellite Communications CARLSBAD, Calif., May 31, 2023 /PRNewswire/ -- Viasat Inc., (NASDAQ:VSAT), a global communications company, today announced the completion of its acquisition of Inmarsat. The combined company enhances our scale and scope to continue to drive growth in the increasingly dynamic and competitive satellite communications industry. The company's assets, once fully integrated, are expected to increase the pace and scope of innovation in the global satellite connectivity sector, offering new and improved capabilities to customers that will address the ever-increasing speed, flexibility, reliability, coverage and security they deman

Believes Shareholders Have Lost Confidence in Company's Leadership – As Evidenced by Double-Digit Decline in Share Price after Announcement of Planned Appointment of Michael Porcelain as CEO and Disappointing FY21 Results Highlights Company's Long-Term Underperformance, Strategic Inattention, and History of Failed M&A Strategy Remains Open to Constructive Resolution, Despite Comtech's Unfortunate Misrepresentation of Engagement with Outerbridge to Date Outerbridge Nominees Would Bring Essential Experience and Expertise to Comtech Board and Help Unlock the Company's Substantial Intrinsic Value Outerbridge Capital Management, LLC ("Outerbridge"), a beneficial owner of approximately 4.95%

SÃO PAULO, Jan. 28, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced the appointment of Leandro Gaunszer as managing director of Viasat Brazil. Based in São Paulo, Gaunszer will lead Viasat's strategic expansion in the country, helping to connect the unserved and underserved populations to high-speed, reliable connectivity services. Viasat has been operating in Brazil since 2018. With access to the SGDC-1 satellite through its partnership with Telebras, Viasat has been able to help connect thousands of government sites and millions of students under the Brazilian e-government initiative known as Governo Eletrônico – Serviço de Atendimento a