Viasat, Boeing Complete Preliminary Design Review for ViaSat-3 Satellites
CARLSBAD, Calif. and EL SEGUNDO, Calif., Dec. 19, 2016 /PRNewswire/ -- Viasat Inc. (Nasdaq: VSAT), a global broadband services and technology company, and
Concluding PDR is the first critical milestone toward confirming the
"Almost one year into the
Viasat, Inc. (NASDAQ: VSAT) keeps the world connected. As a global broadband services and technology company, Viasat ensures consumers, businesses, governments and military personnel have communications access - anywhere - whether on the ground or in-flight. The Company's innovations in designing highest-capacity satellites and secure ground infrastructure and terminal technologies coupled with its international network of managed Wi-Fi hotspots enable Viasat to deliver a best available network that extends the reach and accessibility of broadband internet service, globally. For more information visit Viasat at: www.viasat.com, or follow the Company on social media: Facebook, Twitter, LinkedIn and
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 about the performance, capabilities and anticipated benefits of the ViaSat-3 class satellite platform, expected capacity, service, speeds, coverage and other features of the ViaSat-3 constellation, and the cost, economics and other benefits associated therewith, and the timing of hardware delivery and satellite launch. 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: the ability to realize the anticipated benefits of the ViaSat-3 satellite platform, unexpected expenses or delays related to the satellite system, the ability to successfully implement Viasat's business plan for broadband satellite services on Viasat's anticipated timeline or at all, including with respect to the ViaSat-3 satellite platform; and risks associated with the construction, launch and operation of ViaSat-3 and Viasat's other satellites, including the effect of any anomaly, operational failure or degradation in satellite performance. 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.
Copyright © 2016 Viasat, Inc. All rights reserved. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/viasat-boeing-complete-preliminary-design-review-for-viasat-3-satellites-300380903.html
News Provided by Acquire Media