We’re a couple years out from the ViaSat-3 satellite delivering a massive boost in Ka-band satellite capacity over Europe, but Viasat is ready to scale up its offerings on the continent. The company will buy out Eutelsat’s stake in their joint venture (“EBI”) for 140 million euro, giving Viasat full control over the wholesale business as well as the KA-SAT satellite.
ViaSat-3
Seeking a strategic use for Viasat’s $175 million raise
Was Viasat’s recent deal to secure $175mm in new capital just a matter of convenient timing? Or is there a specific plan for the cash? CEO Mark Dankberg got into some of the possibilities today, including potential inflight connectivity opportunities, while clearly leaving the door open for many more options to come.
Eutelsat, Intelsat team up to sell QUANTUM capacity in MENA
When Eutelsat’s QUANTUM enters service in 2021 it will have two companies working to sell its capacity. A new deal with Intelsat announced today allows both companies to sell the satellite’s Ku-band capacity to customers.
Viasat raises $175 million in share sale
Viasat’s liquidity got a strong boost this week the company placed $175 million in shares through private transactions. The deal bolsters Viasat’s cash balance while not assuming additional debt, an important longer term factor for the company’s success.
Skip the speed test: Viasat removes caps for BizAv connectivity
You might think that 16 megabits per second is pretty fast for an inflight wifi connection. But Viasat wants its business aviation connectivity customers to have more than that. The company officially removed speed caps from its Ka-band contracts this week, allowing aircraft owners to access whatever is available in the network, whatever the hardware and the link budget can support.
Viasat expands with Aeromexico, sees massive potential in LEO subsidies
Viasat reported its annual results Tuesday afternoon with record revenue. The company also announced a couple surprises, with a new wide-body airline customer for its inflight connectivity solution and a change of plans for its future satellite constellation.
American picks Viasat for wifi on newest 787s
There was little doubt of the news, but also no formal acknowledgement until now. American Airlines finally confirmed that its newest 787-8 aircraft will fly with the Viasat inflight connectivity solution.
KuKa is coming…but where??
Satisfied customers that want to take their inflight connectivity experience further afield appear to be driving the Ku/Ka offering from Viasat. And it should be online sooner than not, according to President & COO Rick Baldridge.
EL AL expands connectivity partnership with Viasat
Add another half dozen planes to the backlog, and a new type for Viasat’s inflight connectivity platform. EL AL will fit its 777 fleet with the Ka-band wifi service in the coming year.
Viasat, Arianespace upgrade launch plans
One of the three ViaSat-3 satellites was planned for a launch on the Ariane 5 rocket from Arianespace. That will no longer happen.