Overview
About
Leadership
Contracts
News
Services
Financial Summary
Future Launches/Services

Overview

Services

  • Airborne Technology Enhancements  
  • Viasat MDPR
  • NetAgility
  • SATCOM services
  • Elite Communications Kit
  • Mercury Free space optics (FSO) Terminal
  • Tactical edge connectivity
  • G2X Satellite Communications Service
  • Mil-Ka
  • FleetBoardband
  • SwiftBroadband
  • L-MAX
  • managed services
  • Air-IQ
  • Testing & support
  • Viasat Real-Time Earth (RTE)

Financial Summary

ViaSat, Inc. (VSAT) 2025-03-31$ 4.52B
Total Sales Revenue4,519,571,000 (🟢+235,813,000)
Gross Profit Margin32.97% (🟢+0.71 pp)
Operating Margin-2.16% (🟢+18.61 pp)
Net Profit Margin-12.72% (🟢+12.23 pp)
Earnings Per Share (EPS)-4.42 (🟢+4.08)
Price-to-Earnings Ratio (P/E)-9.80 (🟢-4.71)
Debt-to-Equity Ratio1.65 (🔴+0.13)
Current Ratio1.72 (🔴-0.96)
Free Cash Flow (FCE)-121,995,000 (🟢+729,194,000)
Return on Equity (ROE)-12.63% (🟢+8.64 pp)
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Future Launches/Services

  • Viasat to Demonstrate InRange Service with Blue Origin
  • Viasat-3 second and third satellite launch

Future Launches/Service Articles

No Launch Articles are currently available.
No Launch Articles are currently available.

Scheduled Launches

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Slick Sheet

About

Viasat is a global communications company headquartered in Carlsbad, California, specializing in high-capacity satellite broadband services and secure networking systems. It operates a fleet of geostationary satellites, including the ViaSat-1, ViaSat-2, and the ViaSat-3 constellation, which is designed to deliver unprecedented global coverage with high throughput. Viasat provides internet services directly to residential and business customers in the United States and abroad, as well as connectivity solutions for aviation, maritime, government, and defense markets. The company is well known for powering in-flight Wi-Fi for many of the world’s leading airlines, as well as for providing secure satellite communications to military and government agencies. Following its acquisition of Inmarsat Government in 2023, Viasat expanded its fleet and global spectrum assets, positioning itself as one of the largest integrated satellite operators worldwide. With its focus on combining high-capacity satellites, spectrum resources, and global infrastructure, Viasat plays a key role in connecting hard-to-reach regions and supporting secure, mission-critical communications.

Leadership

X
Mark Dankberg
Position: Chairman of the Board, Chief Executive Officer, Co-Founder
Work History:
ViaSat

Chief Executive Officer (Present)

M/A COM Linkabit

Assistant Vice President (1979 - 1986)

Education: 
Rice University

Master's of Science in Electrical Engineering (1976 - 1977)
Bachelor of Science in Electrical Engineering (1973 - 1976)

X
Robert Blair
Position: Senior Vice President, General Cousel,  and Secretary
Work History:
ViaSat

Senior Vice President, General Counsel (May 2017 - Present)
Assistant General Counsel (May 2008 - Present)

Education: 
Standford Law University

Judis Doctor (1995 - 1998)

Syracuse University

From 1992 - 1995

X
Girish Chandran
Position: Corprate Chief Technology Officer and Senior Vice President of Engineering
Work History:
ViaSat

Corporate Chief Technology Officer (May 2017 - Present)
Chief Technology Officer of Commercial Segment (Sep 2013 - Apr 2017)
Principal Engineer (Oct 2007 - Sep 2013)

Newtec America Inc.

Vice President of Engineering (2001 - 2007)

Amnis Systems

Vice President of Engineering (2001 - 2001)

Tiernan Communications Inc. (1995 - 2001)

Vice President of Systems Engineering
Director of Systems Engineering
Systems Engineer

Crompton Greaves

Research Officer (1989 - 1990)

Education: 
UC San Diego

Doctor of Philosophy in Electrical Engineering
Executive Prespective for Scientist and Engineers (2010 - 2011)

Indian Institute of Science

Master of Engineering in Electrical Communication Engineering

Standford University

Executive Leadership Development (2016 - 2016)

X
Gary Chase
Position: Chief Financial Officer
Work History:
ViaSat

Chief Financial Officer (Present)

Delta Airlines

Co-Chief Financial Officer (Nov 2020)
Chief Strategy Officer (Jun 2017 - Nov 2020)
Senior Vice President of Finance (Mar 2012 - Jun 2017)

Lehman Brothers

Managing Director (Aug 1998 - Mar 2012)

Education: 
The Tuck School of Business at Dartmouth

Master of Business Administration (1996 - 1998)

Union College

Bachelor of Arts in Economics (1989 - 1993)

X
Jimmy Dodd
Position: Senior Vice President and President of Viasat Commercial Services
Work History:
ViaSat

Senior Vice President of Commercial Services (Mar 2020 - Present)

Boeing

Retired (Oct 2016 - Mar 2020)
Vice President and Program Manager of Mobility, Surveillance and Engagement Division and P-8 Program (Jan 2015 - Oct 2016)
Vice President of Weapons & Missile Systems (Nov 2012 - Dec 2014)
Vice President of Advanced Boeing Military Airplanes (Mar 2011 - Nov 2012)

Education: 
Seattle University

Master of Business Administration in Finance (1991 - 1996)

Arkansas State University

Bachelor of Science in Physics (1979 - 1983)

X
Shawn Duffy
Position: Chief Accounting Officer
Work History:
ViaSat

Chief Accounting Officer (Sep 2024 - Present)
Chief Financial Officer (Jun 2014 - Sep 2024)

Education: 
Seattle University

Master of Business Administration in Finance (1991 - 1996)

Arkansas State University

Bachelor of Science in Physics (1979 - 1983)

X
Kevin Harkenrider
Position: Executive Vice President and Chief Corprate Officer
Work History:
ViaSat

Executive Vice President (Apr 2011 - Present)
Chief Operating Officer (Dec 2009 - Apr 2011)

Computer Sciences Corporation

Account Executive (2002 - 2006)

BAE Systems

Vice President (1983 - 2001)

GDE Systems Inc.

Vice President of Operations (1992 - 1998)

General Dynamics Electronics Division

Vice President of Material (1992 - 1994)

General Dynamics

Vice President of Material (1991 - 1992)

Education: 
University of Pittsburgh Katz Graduate School of Business

Master of Business Administration (1978 - 1982)

X
Craig Miller
Position: President of Viasat Government
Work History:
ViaSat

President of ViaSat Government (May 2025 - Present)
Senior Vice President & Chief of Strategic Initiatives (Jan 2025 -May 2025)
President of Global Space Networks (Aug 2021 - Jan 2025)
President of Government Systems (May 2021 - Aug 2023)
Vice President of Government Systems & Chief Technology Officer (Jun 2017 - May 2021)
Vice President & General Manager of Resilient Space Missions (Apr 2019 - Dec 2020)
Chief Technology Officer of Government Systems Division (Jan 2015 - Jun 2017)
Technical Director of Specialized Satcom Systems (Oct 2013 - Jan 2015)
Project Engineer (Oct 2004 - Oct 2013)
Member of Technical Staff (Oct 1995 - Jul 2004)

EvoNexus

Board Member (May 2024 - Present)

Hughes Aircraft Company

Member of Technical Staff (May 1995 - Oct 1995)

Education: 
University of Arizona

Bachelor of Science in Electrical Engineering, Communications and Signal Processing (1991 - 1995)

X
Ben Palmer
Position: President of Commercial
Work History:
ViaSat

President of  Viasat Commercial (Oct 2025 - Present)
President of Maritime (Jun 2023 - Oct 2025)

Inmarsat

President of Maritime (Nov 2021 - May 2023)

Northrop Grumman

Group Director of Mission Systems Europe and Member of NG Mission Systems ELT (Feb 2019 - Nov 2021)
European Strategy and Business Development Director (May 2014 - Feb 2019)
Interim Chief Executive UK & Europe (Mar 2018 - Aug 2018)

AlixPartners

Vice President of Enterprise Improvement (May 2012 - Apr 2014)

BAE Systems

Member of the Management Board India (May 2011 - Jan 2012)
Business Development Director of Maritime (Jan 2011 - Jan 2012)
Business Development Director of Surface Ships (Nov 2009 - Jan 2011)
Business Development Director and Senior Management Team Member BVT JV (Jun 2009 - Nov 2009)
UK Business Development Director BVT JV (Jul 2008 - Jun 2009)
Corprate Strategy Director (Oct 2007 - Jun 2008)

Ministry of Defence

Senior Civil Servant (Jan 1994 - Aug 2006)

Education: 
London Business School

Master's of Science (Sloan) in Leadership, Strategy, and Business Transformation (2006 - 2007)

University of Oxford (St. Edmund Hall)

Bachelor of Arts honours degree in Philosophy, Politics, and Economics (1990 - 1993)

X
Jason Smith
Position: President of Global Services
Work History:
ViaSat

President of Global Operations (Aug 2023 - Present)

Inmarsat

Chief Operations Officer (Sep 2016 - Sep 2023)

Rolls-Royce

Business President of Nuclear (2013 - 2015)
Chief Operating officer of Nuclear (2009 - 2013)
Business President of Submarines (2009 - 2011)

AWE

Deputy Managing Director (2008 - 2009)
Director of Program and Business Management (2002 - 2009)
Head of Commercial (2000-2001)

British Nuclear Fuels Limited

Various Positions (1989 - 2000)

Education: 
Edinburgh Napier University

Master of Business Administration (1994 - 1995)

University of Glasgow

Bachelor of Science in Mathematics and Physics (1985 - 1989)

Contracts

Viasat Awarded $568M IDIQ Contract for C5ISR Capabilities
Viasat has been awarded a five-year $568 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the United States General Services Administration (GSA) to accelerate the transfer of command, control, communications, computers, combat systems, intelligence, surveillance, and reconnaissance (C5ISR) abilities and best practices from the Special Forces (SOF) to General Purpose Forces (GPF). Under this contract, Viasat will continue to deliver a diverse portfolio of technologies and services that advance secure communications, intelligence, and operational effectiveness for both SOF and GPF warfighters. These proven solutions include:

Tactical gateways and advanced networking
Airborn SATCOM terminals and hubs
Ground terminals and modems
Beyond-line-of-sight (BLOS) satellite services,
Cybersecurity and encryption solutions

This contract enables the Department of Defense (DoD) to address critical priorities such as enhance mobility, resilient networking, broadband SATCOM services, and robust cybersecurity. it will also streamline the acquisition and deployment of emerging technologies, ensuring military users across all services gain faster access to advanced products, systems, and capabilities.

Viasat selected by DIU for ORIENT Project
The Defense Innovation Unit (DIU) has selected Viasat under the Opportunistic, Resilient & Innovative Expeditionary Network Topology (ORIENT) project through two seperate Commercial Solutions Openings (CSO) contracts for software and support services. These contracts will provide advanced networking capabiliities in support of the Replicator initiative, which aims to deploy large numbers of uncrewed, all-domain, attritable autonomous (ADA2) systems to support warfighter operations. Replicator aligns with the United States DoD's Broader effort to accelerate the delivery of innovcative capabilities to the field at speeds and scale. Under these contracts, Viasat will deliver its Multi-Domain Uncrewed Secure Integrated Communications (MUSIC) architecture, integrating software-defined networking (SDN) to enable seamless, resilient connectivity for autonomous systems across multiple transport pathways. the MUSIC mesh network overlay will also provide secure information sharing and command and control (C2) capabilities among disparate autonomous platforms, ensuring reliable, mission-critical communications in complex operational environments.

NASA's selects Viasat for five-year NSN IDIQ contract
Viasat was selected as one of four commercial companies to receive a Task Order for NASA to support its direct-to-earth (DTE) abilities with its five-year IDIQ Near Space Network (NSN) services contract. This contract has the option to extend five years to a value of $4.82 billion. The contract will provide commercial ground and space relay services for future NASA missions from low-earth-orbit to two million kilometers from Earth. Viasat's Defense and Advanced Technologies (DAT) will provide DTE connectivity to current and planned NASA space missions. Viasat will support NASA communications with its global Viasat Real-Time EArth (RTE) Ground-Segment-as-a-Service (GSaaS) network that will provide LEO missions with a resilient and high-throughput satellite to ground communications solutions. The RTE network can provide multi-gigabit per second downlinks over a hybrid network-of-networks with a foorprint across six continents, this will allow NASA to significantly increate its daily opportunities to downlink information and support the timely delivery of mission critical data.

Viasat wins task order from USSF
Inmarsat Government (dba Viasat) was awarded a Proliferated Low Earth Orbit (PLEO) Satellite-Based Service (SBS) contract by the Defense Information Systems Agency (DISA) on behalf of the United States Space Force (USSF) Space Systems Command (SSC). Inmarsat Government is one of 16 companies selected for the $13 Billion IDIQ contract. The contract has Viasat leveraging advancements in small satellite technology, reduced costs, and increased launch competition, enabling PLEO constellations to deliver persistent, global coverage with lower transmission latency. under the contract, Viasat will provide a fully managed range of PLEO services, including:

Space relay services,
Supplemental coverage via GEO and NGSO satellites
Multi-domain support for space, air, land, maritime, and cyber operations.

Viasat has recieved a $3.5 million task order to deliver Ku-band LEO services through a partner network, supporting U.S. government operations worldwide. the company will also provide network management support, including: real-time data access through an online account management tool and a comprehenssive 24/7 technical support for uninterupted service.

Viasat Selected for Phase 2 of USSF SSC Enterprise Space Terminal Program
The USSF SSC has selected Viasat for its phase 2 Enterprise Space Terminal (EST) program, that aims to develop a next-generation optical laser communications terminal capable for supporting military operations through crosslinking and multi-orbit, interoperable communications. In phase 1, Viasat's Space and Mission Systems team successfully completed a Preliminary Design Review (PDR) for its Free Space Optical (FSO) space terminal. phase 2 will focus on developing and conducting initial testing of a hardwarte prototype of this advanced space laser communications terminal. The terminal is being designed to meet stringent performance, interoperability, and size, weight, power, and cost (SWaP-C) requirements for proliferated on-orbit intersatellite link communications across future space systems, ensuring secure, high-capacity, and flexible connectivity for U.S. military missions.

U.S. Government selects Viasat to develop Ethernet Encryptor
The U.S. Government has selected Viasat under an IDIQ contract to design and develop a next-generation Ethernet Data Encryptor (EDE) solution. This high-assurance, high-speed system will meet the most stringent security requirements for protecting classified information up to Top Secret / Sensitive Compartmented Information (TS/SCI) levels. Viasat's government encryption team will lead the development, certification, and sustainment of the EDE to address evolving security specifications, cloud communications requirements, and emerging cyber threats. Building on the proven capabilities of Viasat's KG-142, the new EDE will deliver 16 times more bandwidth, 60% power savings, and 3.2 Tbps encryption bandwidth density per standard rack. This next-generation EDE will provide performance, scalability, and security for mission-critical government networks, ensuring resilience against current and future threats.

Recent News

mkdir Viasat-news-api cd Viasat-news-api npm init -y npm install express axios const express = require('express'); const axios = require('axios'); const app = express(); const PORT = process.env.PORT || 3000; const NEWS_API_KEY = 'your_newsapi_key_here'; // 🔐 Replace with your NewsAPI key app.get('/Viasat-news', async (req, res) => { try { const url = `https://newsapi.org/v2/everything?q=Viasat&language=en&sortBy=publishedAt&pageSize=5&apiKey=${NEWS_API_KEY}`; const response = await axios.get(url); const articles = response.data.articles; let html = `

Latest Viasat News

    `; for (const article of articles) { html += `
  • ${article.title}
    ${article.source.name} – ${article.publishedAt.slice(0, 10)}

    ${article.description || ''}

  • `; } html += `
`; res.send(html); } catch (err) { console.error(err.message); res.status(500).send('

Error fetching news articles

'); } }); app.listen(PORT, () => { console.log(`Server running at http://localhost:${PORT}/Viasat-news`); }); // test with https://newsapi.org once published
AT&T CEO on its $23B spectrum purchase from EchoStar, and prospects for satellite direct-to-device services
AT&T CEO on its $23B spectrum purchase from EchoStar, and prospects for satellite direct-to-device services
September 10, 2025
  • AT&T acquired 40 MHz of mid-band spectrum from EchoStar for $23 billion to enhance its wireless network capabilities.
  • SpaceX agreed to pay EchoStar $17 billion for AWS-4 and H-block spectrum, including S-band licenses for D2D services.
  • AST SpaceMobile is developing a LEO satellite D2D constellation and plans to purchase L-band spectrum rights from Viasat.
Not just training targets: Kratos says Golden Dome will also be good for its space division
Not just training targets: Kratos says Golden Dome will also be good for its space division
September 3, 2025
  • Kratos's OpenSpace provides software-defined ground systems for command, control, tracking, telemetry of satellites.
  • Viasat's Airbus-built GX 7, 8, and 9 satellites are scheduled for service in 2027.
  • Kratos has existing contracts for ground control related to the Golden Dome missile-defense system.
EchoStar answers some questions on its $5B D2D constellation, but asks for patience on financing; stock down 17%
August 22, 2025
  • EchoStar plans a 100+ satellite D2D constellation with MDA Corp. under a $1.3 billion contract, operational by 2029.
  • The network will utilize NTN 5G compatible S-band/2-GHz spectrum for wideband connectivity to unmodified smartphones.
  • First phase covers latitudes 60°N to 60°S, aiming to reduce terrestrial tower costs in sparsely populated areas.
Viasat: Viasat-3 F2 satellite launch slips to late this year, co's US fixed broadband business badly needs it; a maritime turnaround?
Viasat: Viasat-3 F2 satellite launch slips to late this year, co's US fixed broadband business badly needs it; a maritime turnaround?
August 22, 2025
  • Viasat-3 F2 satellite, with 1 Tbps capacity, scheduled for launch in late 2025 aboard an Atlas 5 rocket.
  • Viasat plans to spend $250 million on Viasat-3 program in FY 2026, ending March 31, 2026.
  • NexusWave combines GEO and LEO capacity, with 1,000 ships under contract as of July 1, 2025.
Viasat Awarded up to $568 Million IDIQ Contract from General Services Administration to Support C5ISR Capabilities for U.S. Defense Forces
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  • This is a bullet point that will be used to describe the article

Services

Airborne Technology Enhancements
Viasat's Dynamic Video Encoding (DVE) technology optimizes ISR (intelligence, Surveillance, and Reconnaissance) video feeds based on available satellite capacity. it automatically adjusts video data throughput as bandwidth changes, to ensure optimal output and maximizing the efficiency of the bandwidth already in use. DVE also allows for dynamic configuration changes across security boundaries, providing flexibility for varied mission environments.

The IPTV operates over existing Viasat SATCOM terminals, delivering live news and television content without relying on streaming services. This allows personnel to view SATCOM TV without impacting mission-critical, bandwidth-intensive communications. The solution combines TV and data connections through a single terminal, to support Command and Control (C2) communications and enhance situational awareness.  

Viasat also offers a point-to-multipoint airborne video streaming platform with onboard storage for high-data-rate recordings of HD video and sensor data. Using H.264 or H.265 compression with a rugged Viasat-tested airborne encoder, the system enables over-the-air transfers of encrypted video and data streams to content-managed server. Security ensures a AES-256 or HAIPE encryption, maintaining the integrity of mission-critical information.

SATCOM services
Viasat's SATCOM services deliver resilient, mobile satellite communications that keep users connected in the air, land, and at sea. This service is built with flexible terminal architecture options, the system supports a wide range of platforms and missions to ensure maximum adaptability.

This service is designed for mission flexibility; services plans are shaped to meet specific operational requirements while providing layered network resilience and redundancy to maintain connectivity in challenging environments. High-capacity bandwidth supports demading data-intensive applications, while real-time information sharing enhances situational awareness and operational decision-making.

Viasat MDPR
Viasat's Managed Detection Partnered Response (MDPR) provides cybersecurity protection through a combination of advanced technology, expert analysis, and hands-on support. At the core is Viasat's world-class Security Operations Center (SOC), providing continuous monitoring and rapid incident response.

This service includes Security Information and Event Management (SIEM) design, build, and integration to ensure complete visibility across networks, as well as network and enpoint detection and response capabilities to identify and neutralize threats in real time.

Customers will be able to benefit from regular status reviews, white-glove support, and access to immersive Cyber Security Operations Center (CSOC) training, to strengthen teams for their own security posture.

NetAgility
Viasat NetAgility Virtual Router and Orchestrator streamlines the management of complex networks and radio devices by leveraging advanced analytics to rapidly detect, diagnose, and resolve issues. This proactive approach significantly reduces the time and resources required for network maintenance, enabling operators to maintain peak performance with minimal manual intervention.

By automating critical management functions and optimizing device configurations, NetAgility frees users to focus on mission priorities rather than troubleshooting connectivity problems.

Elite Communications Kit
Viast's ELITE communications kit is a flexible, secure, open-architecture platform designed to integrate network management, beyond-line-of-sight (BLOS), line-of-sight (LOS) and wireless networks into a single, streamlined solution.

ELITE Headquarters is a portable Command, Control, Communications, Computer, and Combat (C5) system solution that connects to Tactical Operations Centers (TOC) or Forward Operating Bases (FOB). it enables critical mission capabilitites such as Common Operational Picture (COP) sharing, ISR data integration, sensor fusion, telematics, and medical communications.

ELITE Soldier Wearable Kit is a lightweight, rugged communications network for frontline personnel, to provide resilient connectivity and enhance situational awareness. It combines tactical edge devices and sensors with Link 16 and LOS radios, to ensure warfighters can access and share mission-critical data in real time.

Mercury Free space optics (FSO) Terminal
Viasat's Mercury Free Space Optics (FSO) terminal delivers secure, high-capacity communications without relying on heavily regulated radio frequency spectrum. Capable of providing links up to 20 Gbps over distances of up to 70 km using multi-channel approach, Mercury FSO offers resistance jamming, spoofing, and electromagnetic interference (EMI) compared to traditional RF systems.

The system features a seperate acquisition beacon and shortwave infrared (SWIR) camera, enabling autonomous acquisition, pointing, and tracking for both Comms-on-the-Pause (COTP) and Comms-on-the-Move (COTM) operations. Mercury FSO also supports multiple expeditionary communications environments, including: 

Ground-to-ground links
Ground-to-air connectivity
Ship-to-ship communications
Ship-to-shore operations

This combination of high throughput, spectral independence, and multi-domain adaptability makes Mercury FSO an ideal solution for secure, resilient communications in contested or bandwidth-constrained environments.

tactical edge connectivity
Viasat's Secure Wireless Hub (SWH) is a communications system that is designed to be worn on the body. The system seamlessly integrates into standard body armor, to reduce kit configuration time by up to 90% and supports a broad range of perpheral devices. the hub features advanced power management, customizable edge computing, and real-time situational awareness capabilities.

The SWH can be rapidly deployed ny a single dismounted user, allowing ground force commanders to have situational awareness in minutes. leveraging Viasat's NetAgility mobile software-defined networking (SDN) platform, it provides advanced networking functions including automatic network configuration and support for Commercial Solutions for Classified (CSFC).

This integration allows for seamless hosting of multiple transports and disaparate waveforms, ensuring resilient connectivity for mission-critical applications and secure data exchange in contested or degraded operational environments.

G2X Satellite Communications Service
Viasat's G2X service delivers secure, high-capacity, and globally portable satellite communications for government users, enhancing exsisting government SATCOM with added redundancy, diversity, and resilience. Built on the Global Xpress (GX) Ka-band network, G2X provides end-toend wideband connectivity worldwide and is fully interoperable with MILSATCOM Ka-band systems for sealess augmentation.

The service combines Ka-band and L-band capabilities with a single subscription, offering unmatched reliability and availability. Designed for mobility across air,land, and sea, G2X is available in tailored service plans for each domain, with high availability SLAs and flexible terms.

The packages can be configured for specialized requirements, such as non-standard bandwidth profiles, non-Viasat equipment integration, or multi-vessel bandwidht sharing.

Mil-Ka
Viasat's Military Ka-band (Mil-Ka) uses High-Capacity Payload (HCP) steerable beams that are fully interoperable with MILSATCOM Ka-band networks. This allows authorized mlitary users like NATO and Five Eyes partners to access Viasat's Global Xpress (GX) wideband capacity as part of their own independent networks. Each GX satellite carries two payload offering distinct service propositions: 

Gloabal Service Beams are a managed service delivered across a network of 89 fixed beams per satellite, enabling smooth roaming and worldwide deployment within the GX footprint.

High-Capacity Payload offers steerable beams operating in military Ka-band, compatible with systems like Wideband Global SATCOM (WGS). This gives military users cost-efficient access to wideband capacity with the flexibility to meet specific operational requirements.

Mil-Ka beams can operate in loopback mode or connect through Viasat or government-owned Satellite Access Stations, to ensure secure, reliable, and mission-ready communications in the same frequency band as national systems.

FleetBoardband
Viasat's FleetBroadband service provides mobile, reliable, and secure voice and data coverage across the world's oceans, to ensure vessels remain connected no matter where they might be. This service is provides cost-effective operational and crew communications alongside real-time access to mission-critical information.

This service supports C4ISR requirements while also enabling a wide range of applications, including voice calls, email, internet access, video conferencing, real-time weather updates, and port information. By integrating robust data connectivity with clear voice communications, this service helps mairtime operators maintain operational readiness, improve decision-making at sea and enhance crew welfare all through a single trusted platform.

SwiftBroadband
Viasat provides highly reliable, secure, and cost-effective airborne satellite communications for voice and IP data, using low-profile, lightweight antennas significantly smaller than traditional systems. Powered by Viasat's I-4 satellites, its L-band services are used by government aeronautical customers, business aviation, and over 40 commercial airlines worldwide. the IP-based, packet-switched service provides always-on data connection via single or multichannel systems, supporting high-quality voice communications alongside guaranteed data rates.

Installation enables services like safety communications, weather updates, flight plan delivery, crew email, internet access, video streaming, VoIP, GSM, and SMS messaging. Built to the highest security standards, the network supports NSA Type-1 and NATO Secret encryption systems for high-assurance applications.

Standard IP mode offers 432 kbps per channel, with HDR option providing up to 650 kbps. For higher bandwidth needs, operators can add equipment to run up to four channels concurrently. The service is also backwards-compatible through integrated circuit-switched ISDN capabilities, to ensure flexible and future-ready airborne connectivity.

L-MAX
Viasat's L-MAX service is a wideband streaming L-band solution purpose-buit to meet government Communications-On-The-Move (COTM) requirements, delivering high-throughput connectivity with small-aperture capability.

L-MAX Aero is an enhanced L-band lease service that bridges the gap between Viasat's L-band and GlobalXpress (GX) broadband services, operating through SwiftBroadband hardware. It allows government users to connect via Viasat's I-4 and Alphasat satellites, whether on the move or stationary, and delivers GX-like speeds through L-band sized terminals.

The service can reserve bandwidth and power over a defined geographic region for a specified period, using higher-order modulation and coding (MODCOD) to maximize Internet Protocal (IP) data efficiency. This combination of flexibility, mobility, and performance makes L-MAX an ideal solution for secure, reliable government connectivity in dynamic operational environments.

managed services
Viasat's managed services provide a modular suite of tools designed to meet diverse government operational requirements, from long-term fleet airtime management to short-term emergency response solutions. These services include end-user training to ensure communications systems remain accessible, efficient, and mission-ready, as well as advisory support for government communications infrastructure design and implementation.

Viasat can design, integrate, and manage end-to-end mission-critical communications systems, providing network administration, monitoring, and technical support. Service options include extended warranties, hot swaps, and tiered Service Level Agreements (SLAs), alongside 24/7 helpdesk support with prioritization levels tailored to operational needs.

With an annual $600 million investment into R&D, Viasat's Engineering Tech refresh Services ensure solutions stay up to date on technology. Network infrastructure is protected by a dedicated cybersecurity team that performs continuous testing to safegaurd sensitive operations.

Through its Integrated Logistic Support (ILS) program, Viasat partners with customers to scope, design, install, train, service, support, and eventually retire equipment. For enhanced operational security, self-service software can be deployed, allowing government customers to order services with a degree of anonymity.

Air-IQ
Viasat's Air-IQ service enables ISR operators to transmit high volumes of data from multiple aircraft sensors, seamlessly transitioning between technologies to deliver the most suitable on-demand return throughput. Each ISR platform starts with a global baseline capability on takeoff, enhanced when approaching the operational region via TDMA technology for a commited data rate. For advanced mission requirements, capacity can be increased using leae-based SCPC technology, after which Air-IQ automatically reverts to regional orglobal packages for the remainder of the flight.

Aire-IQ provides 10 Mbps return bandwidth per platform and integrates SD-WAN capabilities with a secure self-service control platform. It's anti-jamming, data encryption, and networking monitoring features ensure low probability of intercept/detection (LPI/LPD). all ISR traffic is routed and protected within a fully closed private network, supported by dual-redundant global infrastructure. Three service tiers are available: 

L-MAX: high-speed, regional network services
G2X air plus andG2x: regional connectivity with speeds that are up to three times GX speeds and flexible roaming.
K-MAX: enhanced connectivity with over ten times the GX speeds and reliable backup options.

Air-IQ supports flexible hardware integration, offering essential ISR terminal components and enhanced G-MODMAN while allowing customers to select their own airborne terminal or preferred modem. Theservice is operated and managed through Viasat's INVISION software for complete mission oversight.  

Testing & support
Viasat's decades of experience in testing, supporting, and maintaining antenna systems across frequency ranges from L to V-band. the company conducts component, subassembly, and full system level testing for complex projects, leveraging capabilities such as dynamic testing, data tracking and monitoring, anechoic and planar near/far field facilities, and high-precision assembly fixtures for both space and airborne applications. This includes qualification testing for antennas, radomes, and spaceflight hardware.

Viasat also provides global support engineering services and comprehensive maintenance programs to keep systems mission-ready. Its spaceflight engineering services cover project lifecycles backed up by 24/7 access to product experts.

Maintenance offerings include standard and extended warranties, Technical & Support Services (T&SS) programs, Maintenance & Support Services (M&SS) programs, tailored technical and maintenance packages, and lifecycle management with logistic and depot support. This support is structured into three tiers:

Level one support: antenna systems field engineers
Level two support: antenna systems integration engineers
Level three support: antenna systems and design engineers

all customers benefit from a secure web portal for issue tracking, repair management, order status updates, and replacement requests, to ensure full transparency and operational continuity.

Viasat Real-Time Earth (RTE)
Viasat's Real-Time Earth (RTE) services allow satellite operators to command, downlink, and rapidly distribute data from GEO, LEO, and MEO satellites in a secure, time-sensitive manner. the system supports real-time streaming to customers, ensuring mission data is delivered quickly and reliably.

Currently under development is a real-time satellite-to-saellite transmission capability, designed to create a virtually zero-latency environment for telemetry, tracking and control (TT&C) systems, as well as payload data. This will leverage a LEO-to-Viasat-3 GEO satellite link, further reducing latency and enhancing the speed of mission-critical data delivery for space operations.

Financial Summary

TTM
2025
2024
2023
2022
ViaSat, Inc. (VSAT) 2025-03-31$ 4.52B
Total Sales Revenue4,519,571,000 (🟢+235,813,000)
Gross Profit Margin32.97% (🟢+0.71 pp)
Operating Margin-2.16% (🟢+18.61 pp)
Net Profit Margin-12.72% (🟢+12.23 pp)
Earnings Per Share (EPS)-4.42 (🟢+4.08)
Price-to-Earnings Ratio (P/E)-9.80 (🟢-4.71)
Debt-to-Equity Ratio1.65 (🔴+0.13)
Current Ratio1.72 (🔴-0.96)
Free Cash Flow (FCE)-121,995,000 (🟢+729,194,000)
Return on Equity (ROE)-12.63% (🟢+8.64 pp)
ViaSat, Inc. (VSAT) 2025-03-31$ 4.52B
Total Sales Revenue4,519,571,000
Gross Profit Margin32.97%
Operating Margin-2.16%
Net Profit Margin-12.72%
Earnings Per Share (EPS)-4.42
Price-to-Earnings Ratio (P/E)-9.84
Debt-to-Equity Ratio1.65
Current Ratio1.72
Free Cash Flow (FCE)-121,995,000
Return on Equity (ROE)-12.63%
ViaSat, Inc. (VSAT) 2024-03-31$ 4.52B
Total Sales Revenue4,283,758,000
Gross Profit Margin32.25%
Operating Margin-20.77%
Net Profit Margin-24.95%
Earnings Per Share (EPS)-8.49
Price-to-Earnings Ratio (P/E)-5.12
Debt-to-Equity Ratio1.52
Current Ratio2.68
Free Cash Flow (FCE)-851,189,000
Return on Equity (ROE)-21.27%
ViaSat, Inc. (VSAT) 2023-03-31$ 4.52B
Total Sales Revenue2,556,158,000
Gross Profit Margin28.22%
Operating Margin-6.10%
Net Profit Margin42.44%
Earnings Per Share (EPS)14.10
Price-to-Earnings Ratio (P/E)3.08
Debt-to-Equity Ratio0.73
Current Ratio2.35
Free Cash Flow (FCE)-796,456,000
Return on Equity (ROE)28.37%
ViaSat, Inc. (VSAT) 2022-03-31$ 4.52B
Total Sales Revenue2,417,179,000
Gross Profit Margin29.20%
Operating Margin-4.68%
Net Profit Margin-0.64%
Earnings Per Share (EPS)-0.21
Price-to-Earnings Ratio (P/E)-208.28
Debt-to-Equity Ratio1.08
Current Ratio1.50
Free Cash Flow (FCE)-484,669,000
Return on Equity (ROE)-0.59%
Financial Reports

Future Launches/Services

Viasat to Demonstrate InRange Service with Blue Origin
Viasat will demonstrate its InRange launch telemetry relay service as part of ongoing work with NASA's Communications Services Project (CSP). This effort supports NASA's broader goal of transitioning orbital communications users away from legacy Tracking and Data Relay Satellite System (TDRSS) and toward commercial satellite communications (SATCOM) solutions. For this demonstration, Viasat has selected Blue Orgin's New Glenn as the launch vehicle to integrate its user terminal and InRange solution. the InRange service will provide a continous relay link to the ground via Viasat's global L-band satellite network, enabling real-time telemetry transmission during launch. By eliminating reliance on terrestrial ground infrastructure, InRange allows launch mission controllers to maintain beyond-line-of-sight communications, monitor launch vehicle performance in real time, and enhance mission assurance during the critical launch phase. This demonstration will serve as a key milestone in proving the readiness and scalability of Viasat's global SATCOM infrastructure for supporting future commercial and government space missions.

Viasat-3 second and third satellite launch
The ViaSat-3 constellation has moved the availability for service of the third satellite to mid-2026. The second satellite ViaSat-3 F2 is expected to be at the launch site by september and be available for service by early 2026.

Future Launches/Service Articles

No Launch Articles are currently available

Scheduled Launches

No Launches are currently scheduled