– Accelerates Availability and Customer Choice for Broadband and IoT Services in Highly Competitive, Fragmented Global Markets
– Complementary Resources and Assets Create New Opportunities for Enhanced Growth and Innovation in Multi-band, Multi-orbit, Hybrid Space and Terrestrial Networks
– Increased Financial Strength and Resiliency Expected to Provide a Solid Foundation for Innovation and Capital Investment with Enhanced Free Cash Flow
CARLSBAD, Calif., and LONDON, Nov. 8, 2021 (ViaSat/Inmarsat PR) — Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced they have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at $7.3 billion, comprised of $850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion based on the closing price on Friday November 5, 2021, and the assumption of $3.4 billion of net debt.
DENVER, April 7, 2021 (Voyager Space Holdings PR) — Voyager Space Holdings, Inc. (Voyager), a global leader in space exploration, today announced Jim Bridenstine will join the company’s advisory board as chairman. The former NASA Administrator will join an esteemed group of industry experts guiding Voyager as it continues on its mission to create a vertically integrated, publicly traded NewSpace company.
As NASA’s 13th Administrator, Bridenstine led the agency in advancing American aeronautic, science, and space exploration objectives including the introduction of NASA’s new human lunar exploration mission, the Artemis program.
CARLSBAD, Calif., April 1, 2021 (Viasat PR) — Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced the appointment of Former National Aeronautics and Space Administration (“NASA”) Chief and former Oklahoma Congressman James “Jim” Bridenstine to its Board of Directors. Bridenstine will serve as a Class II director, with an initial term expiring at the Company’s 2022 Annual Meeting of Stockholders. With the appointment of Bridenstine, the Board now consists of eight members, six of whom are independent directors.
Bridenstine will provide Viasat’s Board of Directors with extensive experience in space technology, innovation and safety based on his leadership role at NASA, as well as defense and aerospace expertise based on his public service in the United States Navy and Congress.
CARLSBAD, Calif., November 5, 2020 (ViaSat PR) – Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced that Viasat’s Chairman and Chief Executive Officer Mark Dankberg has become Executive Chairman of the Company, a new position. He is continuing in his role as Chairman of the Board of Directors of Viasat, Inc. The Company’s President and Chief Operating Officer, Rick Baldridge, has been named President and Chief Executive Officer. These executive changes went into effect on November 3, 2020.
Satellite companies will be able to bid for up to $9 billion in subsidies over the next decade under the Federal Communications Commission’s (FCC) 5G Fund for Rural America if they can meet a high standard for 5G mobile wireless service.
“We believe that adopting a round-trip latency requirement of 100 milliseconds or better for all areas better achieves our goal of ensuring access to services reasonably comparable to those in urban areas,” the FCC said. “One of the key benefits of 5G over other mobile technologies is reduced latency.”
SEATTLE (Microsoft PR) — Microsoft is moving into the final frontier with Azure Space, a new initiative that will deliver innovation to serve the mission needs of the space industry, and collaborating with industry leaders to bring new and enhanced offerings to organizations across the public and private sector.
As barriers to space access fall, organizations across a multitude of industries are taking advantage of the opportunities that satellites and other space technologies can offer for endeavors such as earth observation and global satellite communications. This creates rich opportunities as well as challenges.
Beginning on October 29, 386 Applicants May Bid for Up to $16 Billion in Support to Bring Broadband to Up to 10.25 Million Unserved Americans
WASHINGTON, October 13, 2020 (FCC PR) — The Federal Communications Commission today announced that 386 applicants are qualified to bid in the Rural Digital Opportunity Fund Phase I auction. In a Public Notice, the Rural Broadband Auctions Task Force, Office of Economics and Analytics, and Wireline Competition Bureau identified the qualified applicants and provided educational materials for participating in the auction.
PARIS (Arianespace PR) — The European Space Agency (ESA) has finalized its preorder for four more launches on Ariane 6, along with an initial payment.
Using Ariane 62, the light version of the new European launcher, these missions will be carried out on behalf of the European Commission to continue the deployment and operational ramp-up of the high-performance Galileo satellite navigation system.
CARLSBAD, Calif., January 21, 2020 (ViaSat PR) -– Viasat Inc. (NASDAQ: VSAT), a global communications company, announced today it was recently awarded an indefinite-delivery/indefinite-quantity (IDIQ) contract worth a maximum ceiling of $90 million, to provide special warfare operators of the United States Air Force (USAF) with Viasat’s Battlefield Awareness Targeting System—Dismounted (BATS-D) handheld Link 16 radios (also known in the U.S. Department of Defense nomenclature as the AN/PRC-161 radio). In addition to equipment, the IDIQ award covers associated operator training and maintenance.
BATS-D is the world’s first and only handheld Link 16 radio. It bridges a critical gap between air and ground forces by providing warfighters at the tactical edge with real-time, secure, reliable access to integrated air and ground information for improved situational awareness and enhanced close air support communications.
Jeff Bezos’ Amazon has jumped into a crowded field of companies seeking to provide high-speed broadband, data and other communications services to the entire globe.
Amazon’s Kuiper constellation of 3,236 satellites brings the total number of spacecraft in the 16 announced systems to 20,241 spacecraft. The competition includes SpaceX, Boeing, Telesat, SES and government-backed companies in China and Russia.
CARLSBAD, Calif., Oct. 25, 2018 (Viasat PR) — Viasat Inc., (Nasdaq: VSAT), a global communications company, announced today it selected SpaceX to launch one of its ViaSat-3 satellite missions. The Viasat mission is scheduled to launch in the 2020 – 2022 timeframe from the Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida. This mission will launch aboard a Falcon Heavy.
PARIS, Sept. 10, 2018 (ULA PR) – Global communications company, Viasat Inc., (Nasdaq: VSAT) announced today it selected United Launch Alliance’s (ULA’s) proven Atlas V vehicle to launch one of its ViaSat-3 satellite missions. This is the first commercial contract ULA has directly signed since assuming responsibility for the marketing and sales of the Atlas V launch vehicle from Lockheed Martin Commercial Launch Services earlier this year.
253 Russell Senate Office Building October 25, 2017 10 a.m.
U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, will convene a hearing titled, “The Commercial Satellite Industry: What’s Up and What’s on the Horizon,” at 10:00 a.m. on Wednesday, October 25, 2017. The hearing will examine commercial satellite services and next-generation satellite services affecting consumers.
– Ms. Patricia Cooper, Vice President of Satellite Government Affairs, SpaceX – Mr. Mark Dankberg, Chief Executive Officer, ViaSat – Mr. Stephen Spengler, Chief Executive Officer, Intelsat – Mr. Greg Wyler, Founder and Executive Chairman, OneWeb
Wednesday, October 25, 2017 10:00 a.m. Full committee
This hearing will take place in Russell Senate Office Building, Room 253. Witness testimony, opening statements, and a live video of the hearing will be available on www.commerce.senate.gov.
Bryce Space and Technology has produced a new report, Start-up Space: Update on Investment in Commercial Space Ventures.
Below is the executive summary. You can also download the full report.
The Start-Up Space series examines space investment in the 21st century and analyzes investment trends, focusing on investors in new companies that have acquired private financing. Space is continuing to attract increased attention in Silicon Valley and in investment communities world-wide. Space ventures now appeal to investors because new, lower-cost systems are envisioned to follow the path terrestrial tech has profitably traveled: dropping system costs and massively increasing user bases for new products, especially new data products. Large valuations and exits are demonstrating the potential for high returns. (more…)