ViaSat Receives Production Order from ARINC for SKYLink Broadband Satellite Communications Terminals For Executive AircraftViaSat Receives Production Order from ARINC for SKYLink Broadband Satellite Communications Terminals For Executive Aircraft
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Note: Subsequent to this announcement, ViaSat has acquired the SKYLink service and customer base from ARINC.
Carlsbad, CA - ViaSat Inc. (Nasdaq: VSAT) has received a delivery order from ARINC Incorporated for initial production quantities of SKYLinkSM Airborne Integrated Satellite Communications Terminals. The contract includes delivery of terminals for corporate jets built by Gulfstream Aerospace, the launch customer for SKYLink. The SKYLink service provides in-flight, two-way, broadband data communications to larger business aircraft. This initial production order, combined with the development contract announced in November, brings the total value of ViaSat contracts with ARINC to over $9 million.
"ARINC is pleased to be working with ViaSat on the SKYLink system," said Bob Thompson, ARINC director for Broadband Services. "ViaSat has been an excellent technology partner in this exciting new initiative and we look forward to a successful deployment of the system."
The airborne broadband terminal builds on ViaSat satellite technology from its ArcLight CDMA Broadband VSAT. SKYLink is designed to deliver digital data to aircraft at rates from 256,000 bps to 3 Mbps, providing performance similar to high-speed Internet connections and corporate networks found in modern offices, and increasing the possibilities for multimedia and other bandwidth hungry applications for business jet travelers.
About ARINC
ARINC Incorporated is the world leader in transportation communications and systems engineering. The company develops and operates communications and information processing systems and provides systems engineering and integration solutions to five key industries: airports, aviation, defense, government, and surface transportation. Founded to provide reliable and efficient radio communications for the airlines, ARINC is headquartered in Annapolis, Maryland, with over 3,000 employees worldwide. ARINC is ISO 9001 certified. For more information, visit the ARINC web site at www.arinc.com.
Safe Harbor Statement
Portions of this release, particularly statements about the development of the SKYLink service and ViaSat terminals, may contain forward-looking statements regarding future events and are subject to risks and uncertainties. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: contractual problems, 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 telecommunications industry generally. The Company refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled Factors That May Affect Future Performance in the Company's Form 10-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements.
