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-4
Viasat optimistic on aviation market, capacity expansion
Viasat appears spectacularly optimistic these days, riding high on the Delta Air Lines deal and impending ViaSat-3 launch plans. So much so that it now anticipates a permanent positive free cash flow.