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Viasat plans to assume $1,700,000,000 outstanding under Inmarsat’s $2,400,000,000 of senior secured credit facilities.
At closing, Inmarsat shareholders will receive $850,000,000 in cash subject to adjustments and approximately 46.36 million newly issued Viasat shares.
Viasat and Inmarsat will host a conference call and webcast for investors on 2021-11-08 at 8:00 a.m. Eastern Time.
Viasat will acquire Inmarsat in a transaction valued at $7,300,000,000.
The replay of the Viasat and Inmarsat conference call could be accessed from the U.S. by dialing (855) 859-2056 and internationally by dialing (404) 537-3406 using conference ID 5854938.
Mitsubishi Heavy Industries, Ltd. will launch Inmarsat’s first Inmarsat-6 satellite (I-6 F1) using H-IIA Launch Vehicle No. 45 (HIIA F45).
Inmarsat is building ORCHESTRA as a global, multi-dimensional, dynamic mesh network that combines geostationary, low earth orbit, and terrestrial 0.005 kg connectivity.
Inmarsat provided an image of the Inmarsat-6 F1 satellite undergoing thermal vacuum tests with image credit to Inmarsat and Airbus Defence and Space.
Each Inmarsat-6 satellite will deliver 50% more capacity per beam and unlimited beam routing flexibility.
Velaris is powered by Inmarsat’s ELERA global satellite network, which provides full global redundancy and resilience.
Inmarsat provided satellite communications to OceanGate Expeditions' 2021 Titanic Survey Expedition.
Inmarsat was established by the International Maritime Organization in 1979 to provide reliable satellite communications to mariners.
Bharat Sanchar Nigam Limited has received the necessary licenses to deliver Inmarsat’s Global Xpress mobile broadband services in India under an Inflight and Maritime Connectivity license from the Department of Telecommunications.
ORCHESTRA is a planned communications network that will integrate Inmarsat’s existing geosynchronous GX and ELERA L-band networks with low Earth orbit satellites and terrestrial 0.005 kg.
Inmarsat offers a Fleet Xpress service that provided high-speed communications for OceanGate Expeditions' operations.
eSAT’s Remote Text Service (eRTS) will be delivered over the eSAT Communications Network (eCN) being developed in collaboration with Inmarsat via its ELERA global network and Thuraya Telecommunications Company.
The FB250 and Fleet One terminals work with Inmarsat’s 505 Emergency Calling service to patch calls directly through to a Maritime Rescue Co-ordination Centre in the event of an emergency.
SENER Aeroespacial received the Best Improver award in the Equipment & Systems category from Airbus in 2019 for its performance on the Inmarsat-9 and METOP projects.
Ben Palmer OBE will join Inmarsat as President of the Maritime Business Unit on 2021-11-08.
Inmarsat plans ORCHESTRA, a communications network combining Inmarsat’s geosynchronous (GEO) satellite network with low earth orbit (LEO) satellites and terrestrial 0.005 kg into a single high-performance network of networks.