Payload Delivered to Boeing to Prepare for
Broadband Service to EMEA Region
CARLSBAD, Calif., July 13,
2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT),
a global leader in satellite communications, announced delivery of
the second ViaSat-3 payload module to Boeing's El Segundo, CA facility where it will be
integrated with Boeing's 702 spacecraft bus platform and undergo
rigorous spacecraft environmental testing in preparation for
launch. The second ViaSat-3 class satellite is expected to provide
broadband service over Europe, the
Middle East and Africa (EMEA) in 2023.
Viasat's satellite payload, designed and built in-house,
provides state-of-the-art electronics for receiving, transmitting
and processing broadband internet data to and from the satellite at
expected rates greater than 1 terabit a second (1,000 gigabits a
second), which is three times faster than ViaSat-2, the fastest
communications satellite currently operating.
"Delivery of the second ViaSat-3 payload module marks a major
milestone where we transition to spacecraft integration and test on
the second satellite in our constellation," said Dave Ryan, president, Space & Commercial
Networks at Viasat. "This milestone increases our momentum towards
delivering the future of affordable, accessible satellite broadband
services, virtually anywhere around the globe."
The ViaSat-3 class of Ka-band satellites is expected to provide
the best bandwidth economics in the industry with incredible
flexibility to move and concentrate that capacity virtually
anywhere there is demand - whether it is over land, the ocean or in
the air. The first two satellites are planned to focus on the
Americas and on EMEA, respectively. The third ViaSat-3 satellite is
undergoing final integration and testing and will focus on the
Asia Pacific region, completing
Viasat's global service coverage.
Forward-Looking
Statements
This press release contains forward-looking statements that are
subject to the safe harbors created under the Securities Act of
1933 and the Securities Exchange Act of 1934. Forward looking
statements include among others, statements about the performance,
capabilities and anticipated benefits of the ViaSat-3 class
satellite platform, expected capacity, service, speeds, coverage,
flexibility and other features of the ViaSat-3 constellation, and
the timing of hardware delivery and service launch. Readers are
cautioned that actual results could differ materially from those
expressed in any forward-looking statements. Factors that could
cause actual results to differ include: risks associated with the
construction, launch and operation of the ViaSat-3 class satellites
and Viasat's other satellites, including the effect of any anomaly,
operational failure or degradation in satellite performance; the
ability to realize the anticipated benefits of the ViaSat-3
satellite platforms; unexpected expenses or delays related to the
satellite system; the ability to successfully implement Viasat's
business plan for broadband satellite services on Viasat's
anticipated timeline or at all, including with respect to the
ViaSat-3 satellite platforms; contractual problems, product
defects, manufacturing issues or delays; regulatory issues;
technologies not being developed according to anticipated
schedules, or that do not perform according to expectations; and
increased competition and other factors affecting the connectivity
sector, generally. In addition, please refer to the risk factors
contained in Viasat's SEC filings available at www.sec.gov,
including Viasat's most recent Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q. Readers are cautioned not to place
undue reliance on any forward-looking statements, which speak only
as of the date on which they are made. Viasat undertakes no
obligation to update or revise any forward-looking statements for
any reason.
About Viasat
Viasat is a global communications company that believes
everyone and everything in the world can be connected. For more
than 36 years, Viasat has helped shape how consumers,
businesses, governments and militaries around the world
communicate. Today, the Company is developing the ultimate global
communications network to power high-quality, secure, affordable,
fast connections to impact people's lives anywhere they are—on the
ground, in the air or at sea. To learn more about Viasat,
visit: www.viasat.com, go to Viasat's Corporate
Blog, or follow the Company on social media
at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Copyright © 2022 Viasat, Inc. All rights
reserved. Viasat, the Viasat logo and
the Viasat signal are registered trademarks
of Viasat, Inc. All other product or company names
mentioned are used for identification purposes only and may be
trademarks of their respective owners.
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SOURCE Viasat, Inc.