ViaSat Confirms the ViaSat-2 Satellite is Scheduled to Launch on June 1, 2017
CARLSBAD, Calif., April 26, 2017 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, today confirmed the scheduled launch date for the ViaSat-2 satellite is June 1, 2017. The ViaSat-2 satellite will launch aboard an Arianespace Ariane 5 ECA launch vehicle from the Guiana Space Center, Europe’s Spaceport in Kourou, French Guiana. The satellite will be sent into geostationary transfer orbit by the launch vehicle and will provide broadband services from an orbital slot located at 69.9° west longitude.
The ViaSat-2 satellite system is expected to significantly improve speeds, reduce costs and expand the footprint of broadband services across North America, Central America, the Caribbean, a portion of northern South America, as well as the primary aeronautical and maritime routes across the Atlantic Ocean between North America and Europe.
ViaSat-2 is a geostationary satellite that operates in Ka-band frequencies. It was designed to offer high-capacity connectivity and wide coverage, with the flexibility to move capacity to where demand requires it. ViaSat-2 is expected to double the bandwidth of ViaSat-1, with more than 300 Gigabits per second (Gbps) of total network capacity, as well as provide seven times the broadband coverage over its predecessor. ViaSat-2 is expected to enter service in early calendar year 2018.
ViaSat, Inc. (NASDAQ: VSAT) keeps the world connected. As a global broadband services and technology company, ViaSat ensures consumers, businesses, governments and military personnel have communications access - anywhere - whether on the ground or in-flight. The Company’s innovations in designing highest-capacity satellites and secure ground infrastructure and terminal technologies coupled with its international network of managed Wi-Fi hotspots enable ViaSat to deliver a best available network that extends the reach and accessibility of broadband internet service, globally. For more information visit ViaSat at: www.viasat.com, or follow the Company on social media: Facebook, Twitter, LinkedIn and YouTube.
Forward Looking Statement
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 statements about the timing for the ViaSat-2 satellite launch and service entry, as well as the speeds, reduced costs, expanded footprint, total capacity and flexibility of the ViaSat-2 satellite service. 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: risks associated with the launch of the satellite as a result of political instability or civil unrest; risks associated with the operation of the satellite, including the effect of any anomaly, operational failure or degradation in satellite performance; 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 government 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.
Copyright © 2017 ViaSat, Inc. All rights reserved. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. ViaSat is a registered trademark of ViaSat, Inc.
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SOURCE ViaSat, Inc.
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