ViaSat

ViaSat

Delivers subscription-based satellite internet services

Overview

Viasat provides high-speed satellite internet access for residential, business, and government customers, especially in areas where traditional broadband is limited. The service works by connecting customers to a global high-capacity satellite network through subscription-based plans (with different speeds and data allowances) and is supported by customer hardware such as modems and antennas. In addition to consumer internet, Viasat signs contracts with government and enterprise clients for specialized communication solutions. Compared with some competitors, Viasat relies on a broad satellite network to reach remote regions worldwide and serves a diverse mix of customers, including households, businesses, and government entities, sometimes offering savings on selected plans. The company’s goal is to provide reliable, high-speed internet connectivity across the globe, expanding access to underserved areas through its satellite technology and services.

About ViaSat

Simplify's Rating
Why ViaSat is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Hardware

Industrial & Manufacturing

Government & Public Sector

Aerospace

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Carlsbad, California

Founded

1986

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Simplify's Take

What believers are saying

  • September 23, 2026 USMC MECS2 award added a $42 million task order.
  • ViaSat-3 F2 entered service September 17, boosting Americas aviation and residential capacity.
  • Reuters reported a July 16, 2026 jury awarded Viasat $229 million against Kioxia.

What critics are saying

  • Viasat carried $6.6 billion debt on March 31, 2026, with 2027 maturities looming.
  • Western Digital and other patent cases keep legal costs and cash uncertainty elevated.
  • Starlink's airline wins threaten Viasat's premium mobility pricing and route share by 2027.

What makes ViaSat unique

  • ViaSat-3 constellation finished September 2026, tripling global bandwidth and resilience.
  • Inmarsat Government gives Viasat multi-orbit, multi-band managed services across defense and mobility.
  • Equatys with Space42 targets shared direct-to-device infrastructure, not single-operator satellites.

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Funding

Total Funding

$3.3B

Above

Industry Average

Funded Over

9 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 5%

1 year growth

↑ 5%

2 year growth

↑ 2%
Viasat, Inc.
Sep 23rd, 2026
Viasat wins first task order award as part of $307 million ceiling U.S. Marine Corps Enterprise services contract for multi-orbit connectivity.

Viasat wins first task order award as part of $307 million ceiling U.S. Marine Corps Enterprise services contract for multi-orbit connectivity. Viasat selected to provide integrated, multi-network services as part of an end-to-end solution to address USMC mission performance and resiliency requirements CARLSBAD, Calif., Sept. 23, 2026 (GLOBE NEWSWIRE) - Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications (SATCOM), today announced it was awarded, through its subsidiary Inmarsat Government, Inc., the Marine Enterprise Commercial Satcom Satellite Services (MECS2) contract from the U.S. Space Force Commercial Satellite Communications Office (CSCO). Viasat has received an initial $42 million task order award under what is a seven-year, up to $307 million ceiling Indefinite Delivery/Indefinite Quantity (IDIQ) contract through which Viasat will provide fully managed, end-to-end global satellite services for the United States Marine Corps (USMC). The award builds on Viasat's history of providing managed SATCOM services to the USMC, as well as continued access to a global, resilient terrestrial network for secure data transport. Viasat's government SATCOM team, under the company's Communication Services segment, will deliver global satellite connectivity services across L-, Ku, and Ka-bands through flexible terminal solutions and satellites across orbits from Viasat and its ecosystem partners. These services are designed to support USMC communications and mission requirements with reliable and secure connectivity for multi-domain operations across land, air and sea. As part of its commitment to delivering a fully integrated solution, Viasat has teamed with multiple providers to enable resilient, high-capacity and multi-orbit connectivity with a cost-effective structure that can scale to support a wide range of mission applications. This service will provide access to Viasat's integrated global Ka-band network, which includes the next-generation ViaSat-3 satellites for ultra-high-capacity and the flexibility to quickly direct capacity to high-concentration activity hotspots. "We're extremely proud the Marine Corps has selected Viasat to continue as its trusted partner for enterprise, multi-orbit SATCOM services," said Victor Farah, Senior Vice President of Government Solutions and Services. "Our team is committed to delivering an information advantage through flexible, high-performance and secure connectivity that will support the communications demands of rapidly evolving and expeditionary operations." Viasat will provide secure data custody from the edge back to the Marine Corps Enterprise Network via Viasat's worldwide terrestrial network. The fully managed Viasat service will also include 24x7x365 Network Operations Center (NOC) and Security Operations Center (SOC) support to provide the USMC with bandwidth management, terminal inventory management, network performance monitoring and cybersecurity services. "In the modern warfare environment, there is a critical need to maintain information dominance across the battlespace. We are excited to continue supporting this objective by providing a comprehensive enterprise solution that leverages Viasat's expertise and ecosystem to meet current USMC technology needs, as well as the ability to scale with new, integrated technologies and platform capabilities for the future," said Qasim Rana, Vice President of Market Entry for Government. Visit the Viasat website for more information on the flexible SATCOM services for multi-domain operations. About Viasat Viasat is a global technology company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, its mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are - on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow ViaSat Inc. on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube. Viasat, Inc. Contacts Dan Bleier, Public Relations, Corporate and Government, +1 (202) 383-5074, [email protected] Lisa Curran/Pete Lopez, Investor Relations, +1 (760) 476-2633, [email protected] 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 receipt of awards under the IDIQ contract; the services, features, benefits and performance of Viasat's fully managed, enterprise satellite communication services for U.S. Marine Corps; the coverage, flexibility and capacity of ViaSat-3 satellites; and the effect of adverse regulatory changes. Readers are cautioned that actual results could differ materially and adversely 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 satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; the integration of third-party provider services; 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 defense 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.

Runway Girl Network
Sep 19th, 2026
Expect higher inflight Wi-Fi speeds as ViaSat-3 F2 enters service.

Expect higher inflight Wi-Fi speeds as ViaSat-3 F2 enters service. Passengers flying on several airlines across the Americas should expect to see reliably higher inflight Wi-Fi speeds now that Viasat's ultra-high-capacity ViaSat-3 F2 (VS3 F2) geostationary satellite has officially entered service. In the Americas, Viasat counts Aeromexico, Azul, American, Breeze, Delta, JetBlue, LATAM, Southwest and United among its customers. "Rollout on VS3 F2 is already underway: several airlines are already connected with more onboarding each day," Viasat told Runway Girl Network after announcing VS3 F2's entry-into-service on September 17, and with it, the completion of its three-satellite ViaSat-3 constellation. VS3 F2 joins the VS3 F1 satellite that has been supporting inflight connectivity on U.S. mainland-Hawaii routes, as well as VS3 F3, which entered service over Asia-Pacific in late August and has notably plugged a key gap in Viasat's near-global coverage. Together, the entire ViaSat-3 constellation triples the bandwidth available across Viasat's fleet, giving the network more capacity, flexibility and resilience to meet growing demand for connectivity onboard planes. Now, Viasat says it's ramping up to have its entire VS3-enabled customer fleet connected "in the coming month or so." VS3 F3 is bellwether. Since VS3 F3 entered service over APAC, thousands of flights have availed of the Ka-band GEO satellite's capacity and new tails are coming online daily. Indeed, metrics from VS3 F3 usage serve as an indicator for what to expect with VS3 F2. Viasat says: VS3 F3's advanced beam-forming steers bandwidth in real time to where demand is highest, so a full cabin gets capacity concentrated where it's needed rather than spread thin, which matters more as passengers move from seatback screens to streaming and working on their own devices. Early results? Service quality metrics are up across the board. Latency, availability, reliability, and speeds. Some have improved by over 10x. Median peak throughput (i.e., typical consumption) is up 3x so far - a strong sign passengers are engaging more with the service. Given that the lion's share of its mainline fleet including international widebodies are fitted with Viasat's IFC hardware, Delta will utilize all three high-capacity ViaSat-3 satellites to power its Delta Sync free Wi-Fi for loyalty members. That should equate to a far better experience for guests. One might argue that VS3 F2 and F3 are hitting at just the right time, as some Delta passengers have vocalized consternation that the U.S. major's service compares unfavorably to the SpaceX Starlink Low Earth Orbit (LEO) satcom solution rolling out across rival United's fleet. "The Viasat network is designed to address the growing demands of connected mobility, and aviation remains one of the clearest demonstrations of what that means in practice," says Viasat Aviation president Don Buchman. "The digital world has become a fundamental part of culture - how we communicate, work, socialize and relax. The ViaSat-3 constellation's flexible, high-capacity throughput further enables passengers to behave online in the skies as they do at home, through a network capable of delivering both scale and resilience, now and well into the future." While speed is just one factor in high-quality IFC performance, passengers "should expect service quality metrics to go up across the board, including reliably higher speeds," Viasat tells RGN. Residential gets a boost as well. Also of note, pricing has come down for Viasat's U.S. residential service and its Wi-Fi appears to be available in more areas. This is a direct result of VS3 F2 entering service. Viasat reveals it will soon deliver "enhanced broadband performance for residential customers across the U.S. with improvements in customer experience," while extending its reach to serve more markets nationwide.

Associated Press
Sep 17th, 2026
Viasat's ViaSat-3 F2 satellite enters service, tripling bandwidth across Americas with 1Tbps capacity

Viasat has brought its ViaSat-3 F2 satellite into service across the Americas, completing its global constellation. The satellite provides more than one terabit per second of throughput capacity, significantly expanding the company's network capabilities in the region. The completion of the ViaSat-3 constellation has tripled the bandwidth available across Viasat's global fleet. F1 is already operational, whilst F3 entered service across Asia-Pacific in August. The satellite uses advanced beamforming technology to dynamically allocate capacity to high-demand flight routes, shipping lanes and geographic regions. Viasat chairman and CEO Mark Dankberg said the satellites represent the most advanced commercial satellites globally in terms of adaptive beam forming, user performance improvements and resilience to interference. The expanded network will support Viasat's aviation, maritime, government and broadband customers.

TMCnet
Sep 17th, 2026
ViaSat-3 F2 Enters Service, Expanding Capacity and Enabling Growth Across the Americas

ViaSat-3 F2 Enters Service, Expanding Capacity and Enabling Growth Across the Americas TMCnet News [September 17, 2026] | / | ViaSat-3 F2 Enters Service, Expanding Capacity and Enabling Growth Across the Americas CARLSBAD, Calif., Sept. 17, 2026 (GLOBE NEWSWIRE) - Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications technology, today announced that its ViaSat-3 (VS3) F2 satellite has entered service across the Americas, significantly expanding the company's network capacity, flexibility and resilience across the region. The satellite strengthens Viasat's ability to deliver advanced connectivity services while creating new opportunities for growth in key markets and enhancing network economics. "With the VS3 constellation now fully operational, we have substantially expanded our ability to deliver high-quality connectivity where demand is growing fastest and introduced new forms of resilience for our government and commercial customers," said Mark Dankberg, Chairman and CEO of Viasat. "This is a major milestone for Viasat and our customers and positions us well to deliver differentiated experiences and support our highest-value markets around the world." Dankberg continued, "We believe that the VS3 satellites are the most advanced commercial satellites in the world in terms of adaptive beam forming for cost efficiencies, user performance improvements that offer higher speeds on both forward and return links, and resilience to interference. We also believe VS3 technology sets new commercial standards for solar power generation and thermal dissipation - both critical technology challenges for developing economical data centers in space." ViaSat-3 F2 is designed to provide more than one terabit per second of throughput capacity over the Americas, significantly increasing the company's ability to meet growing demand for reliable connectivity in the air, at sea and on the ground. The satellite's advanced beamforming technology dynamically allocates capacity to high-demand flight routes, shipping lanes and geographic regions, helping maximize network performance where demand and opportunity are greatest and improve customer experience where it matters most. With ViaSat-3 F1 already in service and F3 entering service across Asia-Pacific in August, completion of the ViaSat-3 constellation has tripled the bandwidth available across Viasat's global fleet, providing the scale, flexibility and reach needed to better support the company's aviation, maritime, government, and broadband customers and establishing a powerful foundation for continued growth. About Viasat Viasat is a global technology company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, its mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affrdable, fast connections to positively impact people's lives anywhere they are - on the ground, in the air or at sea - while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow Fog Computing World on LinkedIn, X, Instagram, Facebook, Bluesky, Threads, and YouTube. [Copyright (C) 2026 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered in the U.S and in other countries to Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.] Viasat, Inc. Contacts Scott Goryl / Daniel Bleier, Corporate Communications, [email protected] Lisa Curran / Peter Lopez, Investor Relations, [email protected] 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 related to the performance, capabilities and anticipated benefits of the ViaSat-3 satellite platform, including expected capacity, coverage and flexibility. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with operation of the ViaSat-3 class 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 platform; 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. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e1d4be7b-7205-4012-8bc5-90cb6d6b8e40 [ Back To TMCnet.com's Homepage] |

IoT Business News
Sep 14th, 2026
Viasat and Space42 commit up to $1 billion to shared D2D satellite platform Equatys.

Viasat and Space42 commit up to $1 billion to shared D2D satellite platform Equatys. Date: September 14, 2026 By Manuel Nau, Lead Editor at IoT Business News. Viasat and Space42 have signed a binding agreement to establish Equatys, a shared satellite and ground infrastructure venture for direct-to-device and advanced mobile satellite services, with up to $1 billion in planned founder equity. Direct-to-device satellite connectivity is increasingly being treated less as a standalone satellite service and more as an extension of terrestrial mobile networks. That transition creates a different infrastructure problem: rather than simply putting more satellites into orbit, operators must find ways to share capacity, coordinate spectrum and integrate non-terrestrial networks with existing mobile infrastructure without forcing every participant to build its own constellation. Viasat and Space42 are taking that shared-infrastructure approach with Equatys. The two companies have signed a binding agreement to formally establish the venture, which is intended to provide a neutral satellite and ground-network layer that can be used by multiple mobile and satellite operators. A tower-company model applied to space. The most distinctive aspect of Equatys is not simply its planned constellation, but its commercial architecture. Viasat and Space42 are adapting the tower-company model used extensively in terrestrial cellular networks, where operators share physical infrastructure while retaining their own spectrum rights, customers and commercial relationships. Equatys is designed to perform a similar role for non-terrestrial networks. Licensed operators could use common satellites and ground infrastructure rather than deploying separate systems. The model is also intended to remain open to additional satellite operators and spectrum holders. This is an important distinction from D2D strategies built around a vertically integrated constellation and service. In practical terms, Equatys is attempting to separate ownership and operation of the underlying space infrastructure from the services delivered over it. If successfully implemented, that structure could allow regional operators or spectrum holders to participate in satellite D2D without taking on the economics and operational complexity of deploying an independent constellation. Up to $1 billion in founder equity. Upon formation of Equatys, Viasat and Space42 each plan to contribute $400 million in equity. Space42 expects to add another $200 million during a future funding round that would also be open to third-party investors, bringing the founders' potential combined contribution to $1 billion. The venture is also expected to use third-party equity and debt financing as the system develops. Viasat is expected to become Equatys' prime technology contractor once the company is formally established. The initial satellite deployment would form the first stage of an architecture capable of scaling to as many as 2,800 satellites across 60 orbital planes and three altitude layers. Rather than requiring a fundamental redesign as capacity requirements increase, the architecture is intended to support progressive densification. Why the architecture matters for IoT. Equatys is being built around 3GPP non-terrestrial-network standards and is intended to connect conventional smartphones, IoT devices and other terminals directly to satellites. Viasat and Space42 say they collectively have commercial relationships with more than 400 mobile operators and technical access to more than 100 MHz of globally coordinated mobile satellite service spectrum. For IoT deployments, the shared model could be particularly relevant where terrestrial coverage is intermittent rather than completely absent. Logistics assets, vehicles, infrastructure monitoring equipment and other mobile or remote devices could potentially use the same operator relationship across terrestrial and satellite coverage instead of relying on a separate satellite communications architecture. The broader implication is that satellite connectivity could increasingly become an infrastructure option available behind a cellular service rather than a separate connectivity stack selected at device level. That would shift part of the integration burden away from OEMs and enterprises toward mobile operators, satellite operators and connectivity platforms managing terrestrial-to-NTN service continuity. That transition remains dependent on deployment, regulatory approvals and the completion of Equatys' formation. The constellation procurement and associated definitive agreements are also still subject to closing conditions. But the binding agreement and funding framework move the project beyond an architectural concept and toward the capital-intensive phase required to turn shared NTN infrastructure into an operational network.

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