Australia Chooses Viasat Small Tactical Terminal for Data Link Network Management
Carlsbad, Calif. – December 13, 2013 – The Commonwealth of Australia, Joint Project 2089Ph2A Tactical Information Exchange (TIE), has selected Viasat Inc. (NASDAQ: VSAT) to provide the Small Tactical Terminal (STT) KOR-24 for installation in its tactical data link (TDL) Network Monitoring and Management Systems.
TIE systems, including TDL, are a key enabler for ensuring that tactical information is created, processed and shared among warfighters. Under JP 2089, the Australian Defence Force (ADF) is introducing a coherent and coordinated TIE environment and is systematically introducing TIE capability to selected legacy platforms. The STT will be a critical enabler for the Common Support Infrastructure, delivering smaller size, weight, and power with higher capability, multi-channel software-defined radios to the tactical edge, with the added mission flexibility to be operating in different network types simultaneously.
At only 16 pounds, the STT/KOR-24 terminal reduces the size, weight, and power of tactical data link equipment. The terminal, the first and only fully-certified, two-channel, Link 16 and VHF/UHF radio, includes a range of software-defined VHF/UHF military radio and Link 16 functions. The VHF/UHF channels provide the soldier with the capability to insert time-critical data on the Link 16 network using software programmable waveforms such as HaveQuick and SINCGARS. Applications include helicopters, light aircraft, small boats, UAVs, and ground forces including vehicles and a wide variety of “shelterised” communication nodes.
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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 statements about the STT being a critical enabler for the Common Support Infrastructure, Viasat wishes to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: the ability to successfully implement Viasat’s business plan for broadband satellite services on Viasat’s anticipated timeline or at all; risks associated with the construction, launch and operation of Viasat’s satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; negative audits by the U.S. government; continued turmoil in the global business environment and economic conditions; delays in approving U.S. government budgets and cuts in government defense expenditures; Viasat’s reliance on U.S. government contracts, and on a small number of contracts which account for a significant percentage of Viasat’s revenues; the ability to successfully develop, introduce and sell new technologies, products and services; reduced demand for products as a result of continued constraints on capital spending by customers; changes in relationships with, or the financial condition of, key customers or suppliers; reliance on a limited number of third parties to manufacture and supply Viasat’s products; increased competition and other factors affecting the communications and defense industries generally; the effect of adverse regulatory changes on Viasat’s ability to sell products and services; Viasat’s level of indebtedness and ability to comply with applicable debt covenants; Viasat’s involvement in litigation, including intellectual property claims and litigation to protect proprietary technology; and Viasat’s dependence on a limited number of key employees. In addition, please refer to the risk factors contained in Viasat’s SEC filings available at www.sec.gov, including Viasat’s 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. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.