ViaSat

ViaSat Inc. reported a $51.7 million loss in its fiscal first quarter, with a per-share loss of 38 cents. Adjusted earnings were 17 cents per share, and revenue of $1.16 billion missed analyst expectations of $1.2 billion. The company, based in Carlsbad, California, provides satellite and wireless networking technology.

Mexico’s Telecommunications Investment Promotion Agency (Promtel) and Viasat have formed an alliance to expand broadband access in rural areas through satellite capacity, technical collaboration, and support for smaller operators. The partnership aims to address the 24% of Mexico’s population without internet access and aligns with Promtel’s National Strategy for Small Operators, with the agreement valid until 2030.

The article highlights top space stocks and ETFs for 2026, emphasizing advancements like AI in satellites, reusable rockets, and lunar resource extraction. It notes SpaceX's public listing, Rocket Lab's revenue growth from satellite launches, and performance metrics for companies like Viasat and ETFs such as Procure Space ETF.

The U.S. Space Force has awarded contracts to Viasat and Intelsat for the development of new anti-jam communication satellites. The combined contract value is $437.7 million.

SpaceX launched its Falcon Heavy rocket, carrying a high-speed ViaSat internet data relay satellite to complete a global constellation. The mission marks the use of SpaceX's most powerful operational rocket for deploying advanced satellite technology.