ViaSat (VSAT) Set For Much Awaited Satellite Launch Tonight
Zacks Investment Research | May 31, 2017 09:45PM ET
Premium broadband services and technology firm, ViaSat, Inc. (NASDAQ:VSAT) , recently announced that its much awaited ViaSat-2 satellite is in the final “launch preparation stage” at the Guiana Space Center in Kourou, French Guiana. Scheduled for launch on Jun 1, the ViaSat-2 satellite, which weighs 6,418 kg, will have one-hour launch window, commencing at 4:45 pm PDT.
The satellite will be launched into geostationary transfer orbit by the Arianespace Ariane 5 ECA launch vehicle. The launch will have three major steps, namely liftoff, separation and acquisition. Built by Boeing (NYSE:BA) Satellite Systems International, ViaSat-2 will be placed at an orbital slot of 69.9° west longitude. ViaSat-2, touted to have twice the bandwidth and seven times more broadband coverage, is a massive improvement over ViaSat-1.
Some other features which make it more powerful than ViaSat-1 include high-capacity connectivity, smaller gateway antenna and twice as many gateways. ViaSat believes that these advanced smaller gateways can help it to place the latest satellites in close proximity of popular internet access points, delivering greater network reliability and security.
ViaSat maintains a leading position in the satellite and wireless communications market. The company has garnered enough economics of scale and scope to serve vast emerging markets in South America, Africa, the Middle East and Western Asia.
While ViaSat has been keeping busy preparing for the launch of its satellites, the company’s shares have had a dismal run on the bourse. In the last six months, shares have lost 7.7%, in contrast to the Zacks categorized Original post
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