CARLSBAD, Calif., Sept. 6, 2011 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT) has been awarded contracts valued at approximately $40 million by Boeing (NYSE: BA) to develop a ground based beam forming (GBBF) system for the Mexican Satellite System (MEXSAT). The beam forming system is designed to operate with the Boeing L-band geomobile satellite system being provided for Secretaria de Communicaciones y Transportes (SCT) of Mexico.
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ViaSat is under contract to supply Boeing with GBBF processors, the control and management system, and the uplink beacon stations to be deployed in two ground stations in Mexico City and Hermosillo, Mexico. The system creates hundreds of small, flexible, adaptive "spot" beams on the earth that link small, handheld satellite devices. While the beams are projected on the earth by the satellite, the GBBF system performs the actual beam-shaping signal processing.
"This GBBF program for the MEXSAT is the second GBBF system that ViaSat will be developing for Boeing," said Dr. Prakash Chitre, VP and general manager of the Comsat Labs division of ViaSat. "This development continues our successful relationship with Boeing and adds to our long history of innovation in new satellite communication technologies."
About ViaSat (www.viasat.com)
ViaSat delivers fast, secure communications, Internet, and remote network access to fixed sites or on-the-move. The company provides networking products and managed network services for enterprise IP applications; is a key supplier of network-centric military communications and encryption technologies and products to the U.S. and allied governments; is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services; and offers high-speed Ka-band satellite broadband services under the WildBlue brand. ViaSat also offers design capabilities and a number of complementary products including monolithic microwave integrated circuits and modules, DVB-S2 satellite communication components, video data link systems, data acceleration and compression, and mobile satellite antenna systems. Based in Carlsbad, California, ViaSat has established a number of worldwide locations for customer service, network operations, and technology development.
Safe Harbor 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. 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 the ability to successfully develop and introduce new technologies; 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; increased competition; and other factors affecting the communications industry 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.
SOURCE ViaSat Inc.
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