LightSquared and Viasat Enter Strategic Relationship
RESTON, Virginia. – March 10, 2014 – LightSquared (now Ligado Networks) has entered a multi-year agreement with Viasat, Inc. (NASDAQ: VSAT). Together, the companies will introduce Viasat L-band Managed Service, an exciting new mobile satellite service that will combine the power of LightSquared’s state-of-the-art SkyTerra 1 L-band satellite, with Viasat secure, all-IP, true packet-switched satellite technology.
The SkyTerra 1 L-band satellite, among the most powerful commercial satellites ever built, provides ubiquitous coverage throughout North America. The L-band satellite enables transmissions to small, low-cost devices by using a 22-meter reflector-based antenna -- the largest satellite reflector to be put into service on a commercial satellite. Viasat L-band Managed Service is the first to use this advanced satellite technology to bring higher data throughputs to smaller devices and provide an order of magnitude capacity improvement over comparable L-band legacy systems. The new managed service is a reliable, always-on, low latency service that offers broadcast and multicast data transport and embedded voice over a highly secure network.