ViaSat-3 Americas Successfully Launched

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May 01, 2023, 05:00 ET

ViaSat-3 Americas en route to geostationary orbit; on target for service launch mid CY 2023

CARLSBAD, Calif., May 1, 2023 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced the successful launch of ViaSat-3 Americas aboard a SpaceX Falcon Heavy from Launch Complex 39A (LC-39A) at NASA's Kennedy Space Center in Florida.

ViaSat-3 lifted off yesterday at 8:26 pm EDT, and approximately four hours and thirty two minutes after liftoff, the satellite separated from the launch vehicle. First signals from the satellite were acquired approximately 15 minutes later through a ground station in South Korea. In the coming days, ViaSat-3 will deploy its solar arrays and drift to its final orbital location. Viasat expects it will take less than three weeks for ViaSat-3 to reach its final orbital destination, located at 88.9° west longitude.

Mark Dankberg, Viasat's chairman and CEO commented, "Today's successful launch of ViaSat-3 Americas opens a new chapter in Viasat's growth. This first Americas satellite will multiply our available bandwidth, and enable faster speeds and more coverage - especially for our mobility customers. It's not just a new satellite, it's a new way to build broadband satellites. Thanks so much to all our people, and our partners, for their commitment and dedication to getting this done."

About ViaSat-3
The ViaSat-3 class of Ka-band satellites are capable of delivering over 1 Terabit per second (Tbps) of throughput capacity each, with dynamic flexibility to move and concentrate that capacity where it's most needed - whether it's on land, in the ocean or in the air. The first two satellites are planned to focus on the Americas and on EMEA, respectively, and the ViaSat-3 EMEA satellite is now in environmental testing in Boeing's El Segundo, California factory. The third ViaSat-3 satellite has completed final payload integration and testing at Viasat's Tempe, Arizona facility and will focus on the Asia Pacific region, completing Viasat's global service coverage.

For more information on the ViaSat-3 constellation, visit: https://www.viasat.com/about/viasat-3/

For press resources, please visit: news.viasat.com/newsroom/press-resources

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 about the performance, capabilities and anticipated benefits of the ViaSat-3 class satellites, including projected bandwidth economics, coverage and flexibility; the process and timing of bringing the ViaSat-3 Americas satellite into service; and the construction and testing of the ViaSat-3 EMEA and ViaSat-3 APAC satellites. 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 the construction, launch and 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 services on Viasat's anticipated timeline or at all, including with respect to the ViaSat-3 satellite platforms; 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.

About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.

Copyright © 2023 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.

SOURCE Viasat, Inc.