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Beginning with the 2020-05-26 earnings period, Viasat provides complete financial results in a letter to shareholders posted to the investor relations section of its website.
Viasat received a $1,000,000,000 indefinite-delivery, indefinite-quantity contract on 2020-05-19 to provide the U.S. Department of Defense with Multifunctional Information Distribution System Joint Tactical Radio System terminals through mid-2025.
Viasat recommended allowing industry to provide 'test before you buy' solutions to reduce Ministry of Defence costs and risk.
Viasat will keep open its business internet Wi‑Fi hotspots, in conjunction with partners, located primarily in small businesses, state parks, and campground locations through 2020-06-30.
Viasat will not terminate internet service to any residential or small business customer because of an inability to pay their bills due to disruptions caused by the coronavirus pandemic through 2020-06-30.
Viasat extended its commitment to the FCC’s Keep America Connected Initiative through 2020-06-30.
Viasat plans to steadily increase MOJO production run rate and establish surge capacity to meet customer demand.
The MOJO system is equipped with Viasat’s Small Tactical Terminal, a multi-channel radio capable of performing Link 16 communications in a small form factor.
Viasat is the last of 12 companies to receive an FCC license or market access since the agency began a processing round in 2016.
Viasat is developing a trio of large geostationary satellites with at least 1 terabit of throughput each, which would be among the highest-capacity satellites in the world.
Viasat used a U.K. business unit to order its ViaSat-2 satellite from Boeing in 2013, enabling the company to leverage financing from the Export-Import Bank of the United States.
Viasat received Federal Communications Commission approval on 2020-04-23 to provide connectivity service in the U.S. with a medium-Earth-orbit constellation licensed in the Netherlands.
The first ViaSat-3 geostationary satellite is scheduled to launch in 2021.
Viasat has six years to build and launch half of its proposed MEO satellites and nine years to deploy the complete 20-satellite constellation in order to retain full market access rights.
The FCC conditioned Viasat’s market access on Viasat avoiding interference to U.S.-licensed geostationary satellites that could inadvertently receive its MEO transmissions.
Viasat partnered with SES on medium-Earth-orbit services using the O3b constellation.
Viasat originally proposed a 24-satellite broadband constellation in 2016 and reduced the proposal to 20 satellites in 2018 to reduce the risk of unwanted signal interference.
Viasat’s proposed MEO satellites would operate at an altitude of 8,200 km using Ka-band and V-band spectrum for uplinks and downlinks.
The Viasat/Visiontec partnership was initially announced in June 2019.
In 2016 the Space and Missile Systems Center awarded prototype development contracts worth $39,000,000 to Raytheon, $38,000,000 to L3Harris, and $33,000,000 to Viasat to develop prototype modems.