Inmarsat

Viasat and Skylo Technologies Launch First Global Direct-to-Device Network

Retrieved on: 
Thursday, November 16, 2023

CARLSBAD, Calif., Nov. 16, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, and Skylo Technologies, the leading non-terrestrial network (NTN) service provider, today announced the launch of the world's first global direct-to-device (D2D) network. The companies' global infrastructure agreement will, for the first time, allow Mobile Network Operators (MNOs), device makers and chipset manufacturers to take 3GPP Release 17 compliant products to market, within Viasat's global network coverage.

Key Points: 
  • Viasat, Inc. and Skylo Technologies to unlock the potential of direct-to-device (D2D) services for consumers, businesses and governments across the globe
    CARLSBAD, Calif., Nov. 16, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, and Skylo Technologies , the leading non-terrestrial network (NTN) service provider, today announced the launch of the world's first global direct-to-device (D2D) network.
  • Viasat, Inc. and Skylo technologies launch the world's first global direct-to-device (D2D) network.
  • Andy Kessler, Vice-President, Enterprise and Land Mobile at Viasat, said: "Our agreement with Skylo marks a pivotal point for global connectivity.
  • Anton Monk, Vice-President, Wireless Initiatives at Viasat, said: "We are delighted to work with Skylo and our launch partners to deliver a global network, which will unleash the potential of direct-to-device connectivity for all.

Global Satellite IoT Communications Market Report 2023: Satellite IoT Subscribers to Reach 23.9 Million in 2027 - Iridium, Orbcomm, Inmarsat and Globalstar Dominating

Retrieved on: 
Monday, November 13, 2023

This research delves into the satellite IoT connectivity market, examining a comprehensive list of 44 satellite IoT operators, encompassing established providers and emerging LEO smallsat constellations.

Key Points: 
  • This research delves into the satellite IoT connectivity market, examining a comprehensive list of 44 satellite IoT operators, encompassing established providers and emerging LEO smallsat constellations.
  • The global satellite IoT communications sector is experiencing steady growth, with the worldwide satellite IoT subscriber base exceeding 4.5 million in 2022.
  • In 2022, the global satellite IoT subscriber base already surpassed the 4.5 million mark.
  • At the end of Q4-2022, the company had 1.1 million satellite IoT subscribers on its own and Inmarsat's networks.

Viasat, Deutsche Telekom Commit Long-Term To Deliver In-Flight Connectivity Via The European Aviation Network

Retrieved on: 
Tuesday, November 7, 2023

CARLSBAD, Calif., Nov. 7, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a leader in global communications, and Deutsche Telekom today announced a new, long-term agreement that cements the companies' commitment to providing in-flight connectivity (IFC) solutions to airline partners across the European Aviation Network (EAN). EAN launched in 2019, powered by Deutsche Telekom and Inmarsat, a business recently acquired by Viasat.

Key Points: 
  • EAN launched in 2019, powered by Deutsche Telekom and Inmarsat, a business recently acquired by Viasat.
  • EAN combines S-band satellite coverage with a complementary ground component network operated by Deutsche Telekom.
  • Deutsche Telekom operates more than 300 EAN sites in 30 countries across Europe, providing substantial infrastructure across the continent.
  • "The signing of today's long-term agreement is a significant milestone for the continuation of EAN," said David Fox, Vice President, Inflight & Connectivity Services, Deutsche Telekom.

Viasat accelerates key integration milestone

Retrieved on: 
Thursday, November 2, 2023

CARLSBAD, Calif., Nov. 2, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that it has reached an important milestone in its integration program following the acquisition of Inmarsat. As part of its ongoing strategy to streamline operations and to better serve its growing customer base, Viasat has completed a rationalization of roles in its global business, to achieve both operational and cost efficiencies.

Key Points: 
  • CARLSBAD, Calif., Nov. 2, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that it has reached an important milestone in its integration program following the acquisition of Inmarsat.
  • As part of its ongoing strategy to streamline operations and to better serve its growing customer base, Viasat has completed a rationalization of roles in its global business, to achieve both operational and cost efficiencies.
  • We will continue working to better unify our go-to-market approach, and maximize operational and capital productivity," said Guru Gowrappan, president of Viasat.
  • As a result of the role rationalization, Viasat will reduce its global workforce by approximately 800 roles, or about 10%, spread across the business in terms of geographies and divisions.

DIFI Membership Expands with Gain of EMEA-Based Organizations Including NATO Communications & Information Agency and Arabsat

Retrieved on: 
Tuesday, October 17, 2023

Companies recently joining DIFI include:

Key Points: 
  • Companies recently joining DIFI include:
    NATO Communications and Information Agency is a technology and cyber expert group, with 3,000-strong team located in 29 sites, delivering capabilities critical to fulfilling NATO’s core mission of consultation, collective defense and crisis management.
  • Arabsat, the Arab Satellite Communications Organization, headquartered in Riyadh, Saudi Arabia, delivers satcom services to the Arab States from eight satellites.
  • Groundspace provides software-based orchestration, logging and operational planning for the ground segment of space operations from Montpellier, France.
  • It will also open the door to new markets, greater integration with terrestrial services and a truly software-defined future for the industry.”

Viasat Provides an Interim Update on VS-3 F1 Satellite Status and Anticipates Positive Free Cash Flow Earlier Than Planned

Retrieved on: 
Thursday, October 12, 2023

CARLSBAD, Calif., Oct. 12, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced key financial developments that are expected to materially enhance Viasat's cash generation profile. As a result of these developments, Viasat now expects to reach the inflection point of sustainable positive free cash flow during the first half of calendar 2025, rather than the second half, as previously announced, excluding the positive impact of satellite insurance proceeds.

Key Points: 
  • As a result of these developments, Viasat now expects to reach the inflection point of sustainable positive free cash flow during the first half of calendar 2025, rather than the second half, as previously announced, excluding the positive impact of satellite insurance proceeds.
  • This assessment has also been intertwined with the root cause analysis related to the ViaSat-3 F1 satellite, which, as previously announced, encountered a mechanical deployment issue.
  • In addition to the developments announced today, Viasat will provide more details on its next earnings call, planned for November 2023.
  • Viasat will share additional information on its performance, outlook and the developments announced today during its next earnings call, planned for November 2023.

Pivotel Launches Pulsar iO solution for Starlink, VSAT and Cellular Hybrid Networks

Retrieved on: 
Tuesday, October 10, 2023

HOLLYWOOD, Fla., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Pivotel, a leading provider of innovative satellite communication solutions, today announced the availability of Pulsar iO, the Satellite Data and Network Management Platform. Pulsar iO is the world's first Secure Access Service Edge (SASE) system explicitly designed for satellite and hybrid network users. Pulsar iO creates a single network, easily managed from a single pane of glass, that helps organizations gain certainty around their networks with a suite of integrated management tools.

Key Points: 
  • Pulsar iO is the world's first Secure Access Service Edge (SASE) system explicitly designed for satellite and hybrid network users.
  • Pulsar iO creates a single network, easily managed from a single pane of glass, that helps organizations gain certainty around their networks with a suite of integrated management tools.
  • "Pulsar iO is developed based on Pivotel's deep experience keeping organizations across diverse industries connected via satellite networks, and via hybrid satellite and cellular networks."
  • The iO Connect Portal and iO App revolutionize how users interact with data usage on hybrid satellite and cellular networks.

Viasat Launches Competition to find the UK's Next Generation of Space Experts

Retrieved on: 
Wednesday, October 4, 2023

LONDON, Oct. 4, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has launched its 'Viasat Beyond: Space' competition to support the next generation of UK engineers, artists, space lovers, and scientists.

Key Points: 
  • LONDON, Oct. 4, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has launched its 'Viasat Beyond: Space' competition to support the next generation of UK engineers, artists, space lovers, and scientists.
  • The competition is open for students to register from today , during World Space Week 2023.
  • Students will be invited to build their submissions around the theme of developing a safe and sustainable space UK space sector.
  • "This competition provides an incredible opportunity for students to get hands-on experience and mentorship from industry experts at Viasat," said Sam Hyams, CEO of Springpod.

Viasat Announces Pricing of $733.4 Million of Senior Notes

Retrieved on: 
Thursday, September 21, 2023

CARLSBAD, Calif., Sept. 21, 2023 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) has priced its offering of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031.

Key Points: 
  • CARLSBAD, Calif., Sept. 21, 2023 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) has priced its offering of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031.
  • The notes will have an interest rate of 7.500% per annum and will be issued at a price equal to 100.000% of their face value.
  • The notes will have a clearing price equal to 65.000% of their face value.
  • The notes will be jointly and severally guaranteed on a senior unsecured basis by all of Viasat's future domestic restricted subsidiaries that guarantee its existing revolving credit facility.

SWISSto12 Secures CHF 25 Million (€26.15 million) Working Capital Financing Facility from UBS for HummingSat Satellite Business

Retrieved on: 
Wednesday, September 13, 2023

SWISSto12 , one of Europe’s fastest growing satellite and Radio Frequency product manufacturers, has announced securing a CHF 25 million (€26.15 million) working capital facility from UBS Switzerland AG, the multinational universal bank.

Key Points: 
  • SWISSto12 , one of Europe’s fastest growing satellite and Radio Frequency product manufacturers, has announced securing a CHF 25 million (€26.15 million) working capital facility from UBS Switzerland AG, the multinational universal bank.
  • The facility will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat, HummingSat.
  • Image credit: SWISSto12 (Graphic: Business Wire)
    Since the company was founded in 2011, SWISSto12 has raised over €50 million in venture capital from prominent Swiss and European investors including Constantia New Business (CNB Capital), Swisscom Ventures, Swisscanto and Zürcher Kantonalbank (ZKB).
  • In 2022, SWISSto12 announced securing a deal to supply a HummingSat satellite to Intelsat, followed in May 2023 by a deal to supply three HummingSats to Inmarsat (acq.