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Providing service for in-flight, maritime, rail, and other communications on-the-move
Carlsbad, Calif. – ViaSat Inc. (Nasdaq: VSAT) has commenced an exchange offer for its outstanding unregistered 8.875% Senior Notes due 2016. These notes were originally issued on October 22, 2009 in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933 in an aggregate principal amount of $275.0 million.
Carlsbad, CA – ViaSat Inc. (Nasdaq:VSAT) has been awarded an additional order valued at more than $6.6 million for Multifunctional Information Distribution System – Low Volume Terminals (MIDS-LVT) from the Space and Naval Warfare Systems Command (SPAWAR), San Diego. These orders augment the $21.5 million Lot 11 delivery order previously announced by ViaSat as part of the MIDS annual Lot procurements.
New generation of ViaSat terminals will advance secure communications for U.S. military aircraft; limited production has commenced
Carlsbad, Calif. – ViaSat Inc. (Nasdaq: VSAT) today announced the closing of its previously announced underwritten public offering of common stock. The size of the offering had been increased from the previously announced 5,500,000 shares of common stock to 6,000,000 shares at a public offering price of $33.50 per share. In addition, the underwriters exercised their over-allotment option to purchase an additional 446,689 shares from ViaSat and an additional 453,311 shares from certain selling stockholders.
Carlsbad, Calif. – ViaSat Inc. (Nasdaq: VSAT) today announced the upsizing and pricing of its previously announced underwritten public offering of common stock. The size of the offering has been increased from the previously announced 5,500,000 shares of common stock to 6,000,000 shares at a public offering price of $33.50 per share.
Carlsbad, CA – ViaSat (NASDAQ: VSAT) has received a delivery order valued at approximately $21.5 million for Multifunctional Information Distribution System – Low Volume Terminals (MIDS-LVT) from the Space and Naval Warfare Systems Command (SPAWAR), MIDS Program Office (MPO) in San Diego, California. MIDS-LVT terminals provide greater situational awareness in combat for U.S. Navy, Air Force, Army, Marine Corps, and for U.S. defense partners by gathering information into a digital view of the battlefield.
Carlsbad, Calif. – ViaSat Inc. (Nasdaq: VSAT) has commenced an underwritten public offering of 5,500,000 shares of its common stock, consisting of 2,500,000 shares offered by ViaSat and 3,000,000 shares offered by certain selling stockholders. ViaSat and the selling stockholders have granted to the underwriters an option to purchase up to an additional 375,000 and 450,000 shares, respectively, within 30 days after the offering to cover over-allotments, if any.
ECC66100 family of FEC products counters impairments for 100G optical channels
Carlsbad, CA – ViaSat Inc. (NASDAQ: VSAT) is introducing a family of forward error correction (FEC) products for 100G optical transport at the OFC/NFOEC Exhibition beginning March 23 in San Diego. These FEC and digital signal processing (DSP) products, available in either FPGA or ASIC cores, can provide major cost savings over optical compensation techniques, increase optical channel capacity, and extend the range of transmission for optical cables.
Ka-band infrastructure contract includes full-motion tracking antenna systems and high-speed IP trunking terminals
O3b Networks Limited, the developer of a new global, high-speed, low latency, fiber-like satellite-based Internet service for telecommunications operators and ISPs in emerging markets, has signed a contract with ViaSat Inc. (NASDAQ: VSAT) for the production and installation of Ka-band infrastructure. The value of the contract is approximately $47 million.
Carlsbad, CA – ViaSat Inc. (NASDAQ: VSAT), a provider of advanced satellite and wireless networking systems and services, announced financial results for the third quarter ended January 1, 20101. The fiscal third quarter results include new contract awards of $157.1 million and revenues of $156.4 million. Fiscal year-to-date, ViaSat reported new contract awards of $503.4 million and revenues of $475.4 million.
Follow on contract includes Ethernet switch baseband interface for interoperability
LinkWayS2 adds TRANSEC to capability and flexibility for U.S. Army and USMC tactical IP networks
Production marks major milestone in JTRS program
Carlsbad, CA – ViaSat Inc. (Nasdaq:VSAT) has been awarded a Limited Production (LP) order valued at $14.4 million for Multifunctional Information Distribution System Joint Tactical Radio System (MIDS JTRS) terminals for the U.S. government. The LP award resulted from a competitive procurement for 41 terminals through the Space and Naval Warfare Systems Command (SPAWAR). ViaSat was awarded 100% of the terminals in the procurement.
Carlsbad, CA – ViaSat Inc. (Nasdaq:VSAT) has been awarded an order valued at approximately $4.8 million for Multifunctional Information Distribution System (MIDS) terminals. This award resulted from a competitive procurement for 30 LVT(6) configuration terminals under a Foreign Military Sales (FMS) program through the Space and Naval Warfare Systems Command (SPAWAR). The order will be for MIDS-LVTs for the F-16 aircraft. The F-16 is the world’s most widely flown jet fighter and ViaSat is the leading supplier of MIDS terminals to F-16 fleets worldwide.
Broadband gateway systems and terminals for new high-throughput satellite capacity using ViaSat-1
Carlsbad, CA – ViaSat Inc. (Nasdaq: VSAT) has named senior vice president Tom Moore as president of its newly acquired WildBlue subsidiary. Mr. Moore was a co-founder of WildBlue in 1998 and served as president and CEO until 2005, continuing as a director of the company until 2008. Under his tenure, WildBlue raised over half a billion dollars, built and launched its own special purpose satellite, and deployed a nationwide consumer broadband service. Mr.
Carlsbad, CA – ViaSat Inc. has completed the previously announced acquisition of privately-held WildBlue Communications Inc., the premier Ka-band satellite broadband service provider. In acquiring WildBlue, ViaSat gains one of the most successful and fastest growing wholesale and retail broadband service providers in the United States.
NetNearU has completed deployment of Wi-Fi services on the Marine Corps Base Camp Lejeune.
Integrates one of the USA’s fastest growing broadband ISPs with the ViaSat-1 satellite venture and positions WildBlue® satellite broadband for accelerated growth and expansion
Capital-efficient transaction expected to be accretive to ViaSat Non-GAAP EPS immediately after close
Hilton St. Louis Frontenac has selected NetNearU (NNU) to provide Wi-Fi throughout the hotel ballrooms and meeting rooms.
International Launch Services (ILS) has signed a contract for the launch of the ViaSat-1satellite on an ILS Proton. The satellite is under construction by Space Systems Loral and is scheduled to launch in the first half of 2011 from the Baikonur Cosmodrome in Kazakhstan. Read the full release on the ILS web site.