Palmer Benjamin Edward sold $140K of VSAT

Viasat Inc. (NASDAQ: VSAT) advanced its NASA Communications Services Project (CSP) with the successful launch of the Maxwell spacecraft. The mission, part of a $81M contract, will demonstrate Viasat's multi-band, multi-orbit space relay solutions for LEO connectivity. Testing will occur over five months, supporting NASA's transition from its current satellite fleet. Rocket Lab (NASDAQ: RKLB) built the spacecraft, which includes Viasat's Ka- and L-band terminals.

Viasat (VSAT) shares rose 9.1% after Raymond James reiterated an Outperform rating and $107 price target, citing completed satellite deployments and potential EBITDA growth. The firm also noted recent earnings beat and a joint venture with Space42. VSAT is up 93.4% YTD but 19% below its 52-week high.

Viasat (VSAT) secured a $42M task order under a $307M potential contract from the U.S. Space Force for Marine Corps satellite services. The deal reinforces Viasat's role in government connectivity but doesn't alter near-term financial pressures. Viasat projects $5.5B revenue and $626.3M earnings by 2029, with some analysts citing competition risks.

Viasat (VSAT) secured a $42M Marine Corps contract with up to $307M in potential awards. The stock has declined 7.87% in 7 days and 16.78% in 90 days, despite a strong year-to-date return of 83.60%. Analysts debate its valuation, with some suggesting it's 34% undervalued at $103.94 per share, while others argue it's overvalued at $55.31 per share.

Viasat Inc. secured a $307 million contract from the US Space Force to provide global satellite services to the US Marine Corps across multiple bands. The initial award is $42 million, with services including secure data custody, network monitoring, and cybersecurity. Viasat's spokesperson noted the contract supports current and evolving mission requirements, with flexibility for future needs.

Viasat has received a $42 million task order to provide managed satcom services to the U.S. Marine Corps, under a larger $307 million contract. The company will deliver multi-band satcom services, including access to its ViaSat-3 satellites, and support various network and cybersecurity services.