Viasat launches the ViaSat-3 F3 satellite, enhancing satellite communication capacity in the Asia-Pacific region.
Quiver AI Summary
Viasat, Inc. has announced that its ViaSat-3 F3 satellite has officially entered service, providing significant satellite communication capacity for customers in the Asia-Pacific region. This advanced satellite is designed to offer over one terabit per second of throughput, enhancing Viasat’s ability to meet the growing demand for connectivity in diverse markets. Viasat's Chairman and CEO, Mark Dankberg, emphasized the satellite's flexibility and operational advantages, which will strengthen revenue generation and economic performance. The deployment of ViaSat-3 F3, following the earlier launch of ViaSat-3 F1, brings the company closer to completing its next-generation satellite constellation, with ViaSat-3 F2 expected to launch soon for the Americas. Viasat, which has recently merged with Inmarsat, aims to create a comprehensive global communications network that enhances connectivity across various sectors.
Potential Positives
- Viasat's ViaSat-3 F3 satellite has entered service, marking the start of revenue-generating operations for one of the most advanced high throughput communications satellites.
- This new satellite is expected to deliver significant flexibility, coverage, and capacity, creating new growth opportunities in the Asia-Pacific region.
- The deployment of ViaSat-3 F3 complements the existing ViaSat-3 F1 satellite, positioning Viasat's next-generation fleet for enhanced market presence and service capabilities.
- The expansion into underpenetrated attractive markets can boost Viasat's financial performance and customer base, especially in regions with high demand for satellite connectivity.
Potential Negatives
- Forward-looking statements highlight significant risks associated with the operation of the ViaSat-3 satellites, including potential performance anomalies and operational failures that could adversely affect expected benefits and revenue generation.
- The company faces challenges in the Asia-Pacific region, indicating a competitive landscape that may hinder its growth opportunities in this critical market.
- Regulatory issues and unexpected expenses or delays related to the satellite systems are noted as potential roadblocks, suggesting uncertainty in achieving planned timelines and operational success.
FAQ
What is the significance of the ViaSat-3 F3 satellite?
The ViaSat-3 F3 satellite marks the start of revenue-generating operations and enhances satellite connectivity in the Asia-Pacific region.
When did the ViaSat-3 F3 satellite enter service?
The ViaSat-3 F3 satellite entered service on August 31, 2026.
How does ViaSat-3 F3 improve connectivity?
ViaSat-3 F3 delivers over one terabit per second of throughput capacity, offering greater flexibility, coverage, and capacity for users.
What markets does ViaSat-3 F3 target?
It specifically targets fast-growing mobility markets within the Asia-Pacific region, addressing high demand in concentrated areas.
What is the status of the ViaSat-3 satellite constellation?
The ViaSat-3 constellation includes F1 and F3 satellites in service, with F2 expected to enter service soon, completing the network.
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 Insider Trading Activity
$VSAT insiders have traded $VSAT stock on the open market 39 times in the past 6 months. Of those trades, 0 have been purchases and 39 have been sales.
Here’s a breakdown of recent trading of $VSAT stock by insiders over the last 6 months:
- MARK D DANKBERG (Chairman and CEO) has made 0 purchases and 5 sales selling 400,000 shares for an estimated $25,903,223.
- RICHARD A BALDRIDGE has made 0 purchases and 4 sales selling 250,664 shares for an estimated $19,967,293.
- ROBERT JAMES BLAIR (SVP, General Counsel) has made 0 purchases and 3 sales selling 57,475 shares for an estimated $3,589,337.
- BENJAMIN EDWARD PALMER (SVP, Pres Commercial) has made 0 purchases and 7 sales selling 35,808 shares for an estimated $2,537,652.
- CRAIG ANDREW MILLER (SVP, Pres Viasat Government) has made 0 purchases and 3 sales selling 40,645 shares for an estimated $1,856,317.
- GARRETT L. CHASE (SVP, Chief Financial Officer) has made 0 purchases and 12 sales selling 16,000 shares for an estimated $1,128,203.
- THERESA WISE has made 0 purchases and 2 sales selling 5,000 shares for an estimated $384,225.
- JOHN P STENBIT has made 0 purchases and 3 sales selling 1,797 shares for an estimated $140,210.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$VSAT Revenue
$VSAT had revenues of $1.2B in Q1 2027. This is a decrease of -1.24% from the same period in the prior year.
You can track VSAT financials on Quiver Quantitative's VSAT stock page.
You can access data on VSAT stock through the Quiver Quantitative API.
$VSAT Hedge Fund Activity
We have seen 301 institutional investors add shares of $VSAT stock to their portfolio, and 187 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- REDWOOD CAPITAL MANAGEMENT, LLC added 2,203,640 shares (+inf%) to their portfolio in Q2 2026, for an estimated $197,908,908
- CARRONADE CAPITAL MANAGEMENT, LP added 2,170,680 shares (+67.2%) to their portfolio in Q2 2026, for an estimated $194,948,770
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,793,045 shares (+inf%) to their portfolio in Q2 2026, for an estimated $161,033,371
- CONTOUR ASSET MANAGEMENT LLC removed 1,528,068 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $137,235,787
- NORGES BANK added 1,452,017 shares (+1362.4%) to their portfolio in Q2 2026, for an estimated $130,405,646
- NEUBERGER BERMAN GROUP LLC removed 1,382,170 shares (-29.1%) from their portfolio in Q2 2026, for an estimated $124,132,687
- 140 SUMMER PARTNERS LP added 1,338,859 shares (+147.5%) to their portfolio in Q2 2026, for an estimated $120,242,926
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$VSAT Price Targets
Multiple analysts have issued price targets for $VSAT recently. We have seen 3 analysts offer price targets for $VSAT in the last 6 months, with a median target of $90.0.
Here are some recent targets:
- Ryan Koontz from Needham set a target price of $90.0 on 06/01/2026
- Mike Crawford from B. Riley Securities set a target price of $106.0 on 05/29/2026
- Mathieu Robilliard from Barclays set a target price of $49.0 on 04/08/2026
Full Release
CARLSBAD, Calif., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communication technology, today announced that its ViaSat-3 F3 satellite has entered service, with capacity now available for customers operating across fast-growing markets in the Asia-Pacific region. The milestone marks the beginning of revenue-generating operations for one of the most advanced high throughput communications satellites ever deployed. ViaSat-3 F3 is expected to deliver greater flexibility, coverage, and capacity with competitive bandwidth economics driving new growth opportunities across Viasat's markets.
"Viasat-3 F3’s advanced technology, including its ability to maximize regional capacity density on demand within premium mobility markets, will drive growth and improved blended average yield and incremental cash economics across our portfolio,” said Mark Dankberg, Chairman and CEO of Viasat. “Asia-Pacific presents a unique challenge for satellite connectivity, with demand concentrated in specific corridors and markets across a vast geography. ViaSat-3 F3 gives us the flexibility to direct high operating leverage capacity where demand and opportunity are greatest.”
ViaSat-3 F3 is designed to deliver more than one terabit per second of throughput capacity and is the second of three satellites in Viasat's next-generation Ka-band constellation. This enhanced capacity will allow the company to pursue growth opportunities in underpenetrated attractive markets.
ViaSat-3 constellation nearing completion
With ViaSat-3 F1 in service since 2024, ViaSat-3 F3's service entry brings the company’s next-generation ViaSat-3 fleet to two high throughput satellites. ViaSat-3 F2, which will serve the Americas, is in the final stages of in-orbit testing and expected to enter service soon, at which point the company's next-generation constellation will be complete.
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, 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
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Copyright © 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 satellites, including expected capacity, coverage and flexibility; anticipated timing of ViaSat-3 F2 service entry; and anticipated financial and operational impacts, including revenue generation and growth opportunities. 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/83b43949-4417-429b-9052-0fc9cbba352a