A shift may, in fact, be underway in the IFC market, but Viasat is still riding high. The company’s latest quarterly earnings note a 13% increase in commercial aviation aircraft in service over the past year, now around 3,950 active.
ULA
Big revenue, big write-offs for Viasat
Viasat took in $1.2 billion last quarter, but also recognized $1.6 billion in write-offs related to satellite failures and program cancellations. More interesting, however, is growing clarity of what the future constellation will look like – and who the future customer base will be – for the combined companies.
Viasat secures ULA as third launch partner for ViaSat-3 constellation
Viasat now holds launch contracts for all three satellites of its upcoming ViaSat-3 constellation. The company announced today that United Launch Alliance (ULA) will carry one of the three satellites into orbit between 2020 to 2022 on an Atlas 5 rocket.