Viasat, Inc. provides broadband and communications products and services in the United States and internationally. It operates in three segments: Satellite Services, Commercial Networks, and Government Systems. The Satellite Services segment offers in-flight connectivity and wireless in-flight entertainment services for commercial aircraft and private jets

• Recent Highlights- Realized mid-teens growth YoY in the number of both commercial and business aviation aircraft in service; not reflected in contracted backlog of 1,460 aircraft are 350 additional aircraft in the contract process.

• Introduced NexusWave, a managed multi-layer connectivity service powered by network bonding technology for merchant shipping companies; plan design and pricing announcements have been well received. We expect to launch beta service as early as Q2 FY2025

• In Q1 FY2025, Communication Services revenue increased by 48% YoY to $827 million due to the Inmarsat purchase. Combined segment revenue fell 2% year on year. The most significant contributors to the YoY drop were corrected.

• Due to the contribution from Inmarsat, Communication Services' Q1 FY2025 Adjusted EBITDA nearly doubled year on year to $308 million. Combined Adjusted EBITDA decreased 4% YoY due to lower incremental revenue flow through from FS&O and certain non-broadband maritime services.

• Defense and Advanced Technologies revenue was $300 million in the first quarter of FY2025, up 37% year on year. Segment product revenue increased even faster, at 45% YoY. Recurring contributions from specific licensing agreements inside sophisticated technologies 

                                                                    Acrobull UK Recommendation Based on Evaluation