Inmarsat Maritime announces enhanced NexusWave service with new VS60 terminal, boosting bandwidth and connectivity for maritime customers.
Quiver AI Summary
Inmarsat Maritime, a subsidiary of Viasat, has announced advancements to its NexusWave bonded connectivity service, coinciding with the upcoming launches of the ViaSat-3 Flight 2 and Flight 3 satellites in 2026. These satellites will significantly enhance bandwidth availability for NexusWave customers, allowing for improved data transfer speeds and network efficiency, which will support maritime digitalization and crew welfare. The newly engineered VS60 maritime terminal, designed to leverage the capabilities of the ViaSat-3 satellites, offers download speeds exceeding 250 megabits per second and robust security features. This upgrade is expected to provide maritime operators with superior flexibility, performance, and efficiency to meet their evolving connectivity needs, thereby reinforcing Inmarsat's commitment to delivering reliable services to global fleets.
Potential Positives
- Inmarsat Maritime has introduced an enhanced version of its NexusWave service, which promises substantial improvements in bandwidth and connectivity for maritime customers.
- The launch of the high-capacity ViaSat-3 satellites is expected to enable significantly faster data transfers and improved network efficiency, enhancing operational capabilities in the maritime sector.
- The new VS60 terminal achieved impressive download speeds exceeding 250 megabits per second during trials, reinforcing the company's commitment to advanced technology in maritime communications.
- The advancements in NexusWave are designed to support digitalisation and enhance crew welfare, which are critical for modern maritime operations.
Potential Negatives
- Forward-looking statements highlight significant risks, including potential failures in satellite performance, which could adversely affect the expected improvements in connectivity and services.
- The reliance on third-party capacity and suppliers raises concerns about operational stability and potential disruption in service delivery.
- Capacity constraints before the launch of new services could lead to delays or unmet customer demand, impacting client satisfaction and company reputation.
FAQ
What is the NexusWave service by Inmarsat Maritime?
NexusWave is a fully managed, bonded multi-network service combining capacity from various networks for enhanced maritime connectivity.
How will the ViaSat-3 satellites improve NexusWave performance?
The ViaSat-3 satellites will increase available bandwidth, leading to faster data transfers and improved network efficiency for users.
What benefits does the new VS60 maritime terminal provide?
The VS60 terminal supports high-speed applications, achieving download speeds over 250 Mbps and includes multiple layers of data protection.
What applications benefit from NexusWave's enhanced connectivity?
NexusWave supports enterprise networking, video streaming, crew welfare, and mission-critical operations aboard maritime vessels.
When will the ViaSat-3 Flight 2 and Flight 3 satellites enter service?
The ViaSat-3 Flight 2 and Flight 3 satellites are scheduled to enter service in 2026, significantly boosting maritime connectivity.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VSAT Congressional Stock Trading
Members of Congress have traded $VSAT stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $VSAT stock by members of Congress over the last 6 months:
- REPRESENTATIVE DEBBIE WASSERMAN SCHULTZ sold up to $15,000 on 07/18.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VSAT Insider Trading Activity
$VSAT insiders have traded $VSAT stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $VSAT stock by insiders over the last 6 months:
- RICHARD A BALDRIDGE sold 100,000 shares for an estimated $3,099,900
- SHAWN LYNN DUFFY (SVP, Chief Accounting Officer) sold 50,000 shares for an estimated $1,643,950
- GARRETT L. CHASE (SVP, Chief Financial Officer) sold 25,000 shares for an estimated $833,250
- BENJAMIN EDWARD PALMER (President, Maritime) sold 2,780 shares for an estimated $100,260
- ROBERT JAMES BLAIR (SVP, General Counsel) sold 2,269 shares for an estimated $80,792
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VSAT Hedge Fund Activity
We have seen 186 institutional investors add shares of $VSAT stock to their portfolio, and 151 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAUPOST GROUP LLC/MA removed 9,190,728 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $269,288,330
- WARBURG PINCUS LLC removed 8,390,687 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $122,504,030
- BLACKROCK, INC. added 5,071,706 shares (+34.6%) to their portfolio in Q3 2025, for an estimated $148,600,985
- ONTARIO TEACHERS PENSION PLAN BOARD removed 4,795,334 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $70,011,876
- CARRONADE CAPITAL MANAGEMENT, LP added 2,572,692 shares (+inf%) to their portfolio in Q3 2025, for an estimated $75,379,875
- FULLER & THALER ASSET MANAGEMENT, INC. added 2,492,626 shares (+inf%) to their portfolio in Q3 2025, for an estimated $73,033,941
- MILLENNIUM MANAGEMENT LLC removed 2,126,633 shares (-96.4%) from their portfolio in Q3 2025, for an estimated $62,310,346
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VSAT Analyst Ratings
Wall Street analysts have issued reports on $VSAT in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 10/01/2025
- Needham issued a "Buy" rating on 08/06/2025
- William Blair issued a "Outperform" rating on 08/04/2025
- Deutsche Bank issued a "Buy" rating on 06/17/2025
To track analyst ratings and price targets for $VSAT, check out Quiver Quantitative's $VSAT forecast page.
$VSAT Price Targets
Multiple analysts have issued price targets for $VSAT recently. We have seen 4 analysts offer price targets for $VSAT in the last 6 months, with a median target of $34.0.
Here are some recent targets:
- Ryan Koontz from Needham set a target price of $45.0 on 11/11/2025
- Philip Cusick from JP Morgan set a target price of $50.0 on 11/11/2025
- Mathieu Robilliard from Barclays set a target price of $23.0 on 10/01/2025
- Edison Yu from Deutsche Bank set a target price of $16.0 on 06/17/2025
Full Release
LONDON, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Inmarsat Maritime, a Viasat (NASDAQ: VSAT) company, has unveiled the next phase in the evolution of its NexusWave bonded connectivity service, following the successful launch of the ViaSat-3 Flight 2 satellite and in anticipation of the launch of the ViaSat-3 Flight 3 satellite.
As the two ViaSat-3 satellites are scheduled to enter service in 2026, NexusWave customers will benefit from a dramatic increase in available bandwidth via a new generation of maritime terminal, with additional capacity expected from VS3 Flight 2 over the Americas and VS3 Flight 3 over Asia-Pacific. This means that by investing in NexusWave today, maritime customers can expect a major step forward in performance, more consistent speeds, and even better flexibility to meet their evolving needs.
NexusWave is Inmarsat’s fully managed, bonded multi-network service combining capacity from GEO Ka-band, LEO, LTE, and L-band networks in a single intelligent connectivity solution. With the introduction of the ultra-high-capacity, high-speed ViaSat-3 satellites, customers will enjoy faster data transfers and improved network efficiency to support digitalisation and crew welfare at scale for a truly ‘office-like’ and ‘home-like’ onboard internet experience.
The new VS60 maritime terminal, engineered by Intellian and powered by Viasat software defined radio technology, will further strengthen NexusWave architecture and support bandwidth-intensive applications, such as enterprise networking, video streaming, crew welfare, and mission-critical operations. During recent sea trials, the VS60 terminal, purpose built for the ViaSat-3 era, achieved download speeds exceeding 250 megabits per second. The VS60 terminal also incorporates multiple layers of protection to safeguard sensitive data and ensure operational integrity.
In addition, ViaSat-3 satellites feature more than 1,000 steerable spot beams, which are designed to allow bandwidth to be moved dynamically to match demand across global shipping lanes, ports, and offshore locations.
Gert-Jan Panken, Vice President, Inmarsat Maritime, said: “The combination of NexusWave’s bonded, multi-orbit architecture, and the new ViaSat-3-ready terminal developed with Intellian puts us in a strong position to support the operational priorities of global fleets. It reinforces our long-term commitment to reliability, security, and customer experience at sea, and enables fleets to scale seamlessly with future capacity as the network expands.”
Ben Palmer OBE, President, Viasat Commercial, added: “NexusWave was built to deliver consistent performance in an increasingly complex connectivity landscape. As ViaSat-3 capacity becomes available, we’re taking another big step forward for our customers and partners by bringing more bandwidth, better flexibility, and a forward-thinking upgrade path to ensure connected confidence for the future.”
Viasat, Inc. Contacts
Richard Jones, Public Relations, Viasat, +44 7843 819 611,
[email protected]
Lisa Curran/Peter Lopez, Investor Relations, +1 (760) 476-2633,
[email protected]
About Inmarsat Maritime
Inmarsat is a Viasat company and continues to power the digitalisation of the
maritime industry
. With over 40 years of experience, Inmarsat Maritime offers reliable and innovative solutions that enable ship owners and operators to stay connected, navigate safely, enhance operational efficiency, and ensure crew welfare.
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our 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 us on LinkedIn , X , Instagram , Facebook , Bluesky , Threads and YouTube.
Inmarsat Maritime is based in Viasat’s global international business headquarters in London, United Kingdom. For further information about Inmarsat Maritime, visit Inmarsat.com/maritime and follow us on LinkedIn.
Copyright © 2025 Inmarsat Global Limited. All rights reserved. The INMARSAT trademark is owned by the International Mobile Satellite Organisation licensed to Inmarsat Global Limited. The Inmarsat LOGO is owned by Inmarsat Global Limited. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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 that refer to plans to incorporate the ViaSat-3 Ka-band network and VS60 maritime terminal into the NexusWave solution, and the resulting improvements to performance, speeds, flexibility, network efficiency and data security. 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: our ability to access third-party capacity and services; risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; our ability to realize the anticipated benefits of the ViaSat-3 class satellites and any future satellite we may construct or acquire; our ability to successfully implement our business plan for our broadband services on our anticipated timeline or at all; capacity constraints in our business in the lead-up to the launch of services on our satellites; changes in relationships with, or the financial condition of, key customers or suppliers; our reliance on a limited number of third parties to manufacture and supply our products and services; our ability to successfully develop, introduce and sell new technologies, products and services; and other factors affecting the maritime sector. In addition, please refer to the risk factors contained in Viasat’s SEC filings available at www.sec.gov, including its 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. We undertake no obligation to update or revise any forward-looking statements for any reason.