ViaSat and Boeing begin construction of ViaSat 3 satellites
This week, news broke that ViaSat has completed the Critical Design Review (CDR) milestone for the ViaSat 3 class spacecraft. The company has completed the CDRs for the payload and the bus (which it constructed with Boeing in mid-August). As a result, the companies will begin building, integrating and testing the first two satellites imminently.
ViaSat’s new satellites are expected to ramp up the power of its coverage significantly, offering network capacities of over a terabit per second. The first two satellites are earmarked for the Americas and Europe, Middle East and Africa. A third satellite, which will cover the Asia-Pacific region, is also planned, and upon completion will make ViaSat’s updated service global in scope.
Boeing claims that the ViaSat 3 is the largest satellite in both size and power that it has ever built. That’s quite saying something when you think about the company’s history.
The focus on power and bandwidth is not surprising. Speaking earlier this month at the World Satellite Business Week in Paris, ViaSat’s CEO, Mark Dankberg, said: “Our customers want more bandwidth. They want to be able to stream video. We have done studies when we asked customers what would affect their willingness to pay for a service and we found that latency has the least impact.”
Dominion holds ViaSat in its Global Trends Managed Fund.
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