{"id":48672,"date":"2025-08-06T20:24:30","date_gmt":"2025-08-06T12:24:30","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/viasat-shifts-window-for-third-viasat-3-satellite-defense-business-drives-growth-in-q1\/"},"modified":"2025-08-06T20:24:30","modified_gmt":"2025-08-06T12:24:30","slug":"viasat-shifts-window-for-third-viasat-3-satellite-defense-business-drives-growth-in-q1","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/viasat-shifts-window-for-third-viasat-3-satellite-defense-business-drives-growth-in-q1\/","title":{"rendered":"Viasat Shifts Window for Third ViaSat-3 Satellite, Defense Business Drives Growth in Q1"},"content":{"rendered":"<\/p>\n

Viasat<\/strong> reported stronger than expected year-over-year revenue growth in the first quarter of its 2026 fiscal year, with growth coming from its Defense and Advanced Technologies (DAT) segment.  <\/p>\n

On the ViaSat-3 constellation, the window for the expected entry into service date for the third satellite has shifted out. It\u2019s now targeted for early to mid-2026, after it was expected in early 2026. <\/p>\n

The second satellite, ViaSat-3 F2 is expected to ship to the launch site by the end of September, and is targeted to enter service in early 2026. <\/p>\n

After the first ViaSat-3 satellite mostly failed and is delivering just a fraction of its anticipated capacity, the operator said each of the two upcoming satellites will give Viasat more capacity than its entire existing fleet.<\/p>\n

CEO Mark Dankberg told investors the operator is continuing \u201cto monitor the launch manifest and range priorities for our launch vehicles at Cape Canaveral,\u201d and Viasat adjusted the projected in-service date \u201cto better reflect various potential schedule uncertainties post shipment for Flight 3.\u201d <\/p>\n

Viasat\u2019s revenue of $1.2 billion in the first quarter was up 4% year-over-year. The defense segment DAT grew revenue 15% year-over-year to $344 million with increases in information security and cyber defense particularly in high assurance encryption products, and in space and mission systems, driven by antenna systems. <\/p>\n

Revenue in the Communication Services segment was flat year-over-year at $827 million. Within the segment, aviation revenue grew 14% year-over-year to $293 million. <\/p>\n

Viasat added 100 commercial aircraft in service during the quarter, and 100 business aviation aircraft as well. Its backlog for commercial aircraft declined slightly on a sequential basis from 1,600 aircraft to 1,580 as new planes are installed. <\/p>\n

Defense Spin-Off Potential<\/b><\/h3>\n

Last week, an activist investor issued an open letter advocating that Vasat spin-off or IPO the DAT business, calling it undervalued. <\/p>\n

Dankberg didn\u2019t talk specifically about the proposal, but said in terms of portfolio review, Viasat looks at the synergy between its businesses, noting that space capabilities are being more integrated into different systems, both commercial and government. <\/p>\n

\u201cI\u2019ll give you an example of a couple of areas that are converging. It\u2019s become more and more evident especially for large constellations, one of the single failure modes common to an entire constellation is cybersecurity. One of the elements of our [cryptographic] business deals with the intersection of cyber and space. That\u2019s one where there could be an example of increasing synergy.\u201d <\/p>\n

Viasat also looks at the capital needs of both businesses, Dankberg said, and there is a focus to reduce the capital intensity of the communications business so the two have \u201cmore common capital needs.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"

Viasat reported stronger than expected year-over-year revenue growth in the first quarter of its 2026 fiscal year, with growth coming from its Defense and Advanced Technologies (DAT) segment.   On the ViaSat-3 constellation, the window for the expected entry into service date for the third satellite has shifted out. It\u2019s now targeted for early to mid-2026, […]<\/p>\n","protected":false},"author":1,"featured_media":48486,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-48672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48672"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=48672"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/48486"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=48672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=48672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=48672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}