Viasat and Satélite Norte launch Digital Bus, enhancing passenger connectivity on long-distance bus routes across Brazil.
Quiver AI Summary
Viasat, Inc. has announced that Satélite Norte is the first operator to trial its new Digital Bus solution, enhancing passenger experience by providing high-quality satellite and cellular connectivity on long-distance bus routes in Brazil. Following a successful testing phase, the solution is operational on vehicles traveling from Goiânia to São Paulo, facilitating reliable, high-speed internet access in remote areas. Digital Bus features a user-friendly passenger portal for Wi-Fi access and offers bus operators opportunities for monetization through targeted advertising and customer insights. Both Viasat and Satélite Norte executives emphasized the importance of high-quality connectivity in enhancing travel comfort and competitiveness in the evolving transportation sector.
Potential Positives
- Viasat's Digital Bus solution has been successfully trialed by Satélite Norte, marking a significant milestone in providing high-quality passenger experiences through advanced satellite and cellular connectivity.
- The implementation of Digital Bus enables bus operators to gather passenger feedback and insights, enhancing service offerings and driving potential revenue through targeted advertising.
- This launch emphasizes Viasat's position as a leader in satellite communications by expanding its services into the growing premium road travel market in Brazil.
- The partnership aligns with Viasat’s mission to deliver reliable connectivity solutions that can bridge the gap in transportation access across remote areas.
Potential Negatives
- Press release includes numerous forward-looking statements that come with inherent risks and uncertainties, which could lead to discrepancies between promised and actual performance.
- Viasat's reliance on third-party partners for the Digital Bus solution raises concerns about their ability to deliver the expected quality of service and performance, potentially impacting customer satisfaction.
- Increased competition and technological advancements in the communications sector may threaten Viasat's market position and its ability to maintain a competitive edge with the Digital Bus solution.
FAQ
What is the Digital Bus solution from Viasat?
The Digital Bus solution provides high-quality satellite and cellular connectivity for passenger buses, enhancing travel experiences across remote locations.
Who is the first operator to trial the Digital Bus solution?
Satélite Norte is the first operator to trial Viasat's Digital Bus solution in Brazil.
How does Digital Bus improve passenger experience?
The solution offers reliable Wi-Fi access, targeted advertising, and passenger feedback tools, enhancing overall travel comfort and engagement.
Where is the Digital Bus currently in operation?
Digital Bus is in operation between Goiânia and São Paulo in Brazil, covering over 500 miles.
What advantages does the Digital Bus offer bus operators?
The Digital Bus solution helps operators monetize services, gather passenger insights, and monitor operational metrics effectively.
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 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $VSAT stock by insiders over the last 6 months:
- TEACHERS PENSION PLAN BOARD ONTARIO sold 3,750,000 shares for an estimated $33,750,000
- INVESTMENT BOARD PRIVATE HOLDINGS (4) INC. CPP sold 3,750,000 shares for an estimated $33,750,000
- LUXTOPHOLDING SARL TRITON sold 3,750,000 shares for an estimated $33,750,000
- MARK J MILLER (EVP, Chief Technical Officer) sold 3,564 shares for an estimated $32,824
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VSAT Hedge Fund Activity
We have seen 144 institutional investors add shares of $VSAT stock to their portfolio, and 134 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CANADA PENSION PLAN INVESTMENT BOARD removed 3,750,000 shares (-43.9%) from their portfolio in Q1 2025, for an estimated $39,075,000
- OCO CAPITAL PARTNERS, L.P. added 3,750,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $39,075,000
- ONTARIO TEACHERS PENSION PLAN BOARD removed 3,750,000 shares (-43.9%) from their portfolio in Q1 2025, for an estimated $39,075,000
- LONG FOCUS CAPITAL MANAGEMENT, LLC added 2,370,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $24,695,400
- MORGAN STANLEY added 2,133,987 shares (+88.5%) to their portfolio in Q1 2025, for an estimated $22,236,144
- BAUPOST GROUP LLC/MA removed 2,031,862 shares (-16.6%) from their portfolio in Q1 2025, for an estimated $21,172,002
- MILLENNIUM MANAGEMENT LLC added 1,206,935 shares (+673.7%) to their portfolio in Q1 2025, for an estimated $12,576,262
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 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Deutsche Bank issued a "Buy" rating on 03/24/2025
To track analyst ratings and price targets for $VSAT, check out Quiver Quantitative's $VSAT forecast page.
Full Release
CARLSBAD, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced Satélite Norte has become the first operator to trial its new Digital Bus solution allowing the major transport operator to provide high-quality passenger experiences using satellite and cellular connectivity.
Following a successful test phase the solution is now being used by Satélite Norte vehicles between Goiânia, state of Goiás, and São Paulo, more than 500 miles away in the country’s southeast. With travelers across Brazil and many other countries relying on buses where rail or air routes are either too expensive or unavailable, Digital Bus offers reliable, high-speed satellite connectivity across remote locations.
Digital Bus features a passenger portal which allows travellers to access Wi-Fi quickly and intuitively. This also enables bus operators to implement monetization strategies through targeted and dynamic advertising, as well as gather passenger feedback and insights. Digital Bus is powered by customizable, managed satellite and cellular connectivity and provides operators with an operational intelligence platform to monitor the system and other datapoints from their vehicles.
Waldir Sampaio, Executive Director of Satélite Norte, said: “We are very pleased with the performance during the test phase, especially the connection stability in more remote areas. Our partnership with Viasat aligns perfectly with our mission to offer comfort, innovation, and a differentiated experience to our passengers. We believe that high-quality onboard connectivity will become a competitive advantage and add even more value to our luxury route between Goiás and São Paulo.”
Andy Kessler, Vice President, Enterprise and Land Mobile, Viasat, said: “Across many regions of the world buses are a key transport link - particularly in places where air travel is expensive, and rail routes are lacking. After launching Digital Bus earlier this month, we are proud to partner with Satélite Norte to bring our Digital Bus solution to Brazil. Together, we’re proving that reliable connectivity is transforming the passenger experience and helping operators digitize and elevate their entire operation. As premium road travel continues to grow, internet access is no longer a luxury, it’s an essential part of the journey.”
About Viasat
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
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About Satélite Norte
Founded in 1996 and headquartered in Goiânia, Brazil, Expresso Satélite Norte is a prominent interstate bus operator serving regions from North to South of the country. With over 100 daily departures, the company connects major cities such as Goiânia, Fortaleza, Belém, and São Paulo. Renowned for its commitment to comfort and innovation, Satélite Norte offers a modern fleet featuring premium amenities, including fully reclining seats and onboard Wi-Fi, catering to the growing demand for high-quality road travel experiences.
Copyright © 2025 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered trademarks in the U.S. and in other countries of 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
Richard Jones – External Communications, Viasat Enterprise,
[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 that refer to the planned roll-out of the Digital Bus solution and its future performance or reliability. 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 successfully roll-out the Digital Bus solution; its overall reliability, availability and performance characteristics; our reliance on commercial partners to provide coverage and capacity to enable Digital Bus, our ability to realize the anticipated benefits of the ViaSat-3 class satellites and any future satellite we may construct or acquire; unexpected expenses related to our satellite projects; 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 successfully develop, introduce and sell new technologies, products and services; our reliance on a limited number of third parties to manufacture and supply our products; increased competition; introduction of new technologies; the effect of adverse regulatory changes (including changes affecting spectrum availability or permitted uses) on our ability to sell or deploy our products and services; changes in the way others use spectrum; our inability to access additional spectrum, use spectrum for additional purposes, and/or operate satellites at additional orbital locations; competing uses of the same spectrum or orbital locations that we utilize or seek to utilize; and other factors affecting the communications industry generally. In addition, please refer to the risk factors contained in our SEC filings available at
www.sec.gov
, including our 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.