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Stock impact report

Analysis: Will SES and Intelsat merger become a competition risk to Musk's Starlink? [Yahoo! Finance]

ViaSat, Inc. (VSAT) 
Last viasat, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.viasat.com
Company Research Source: Yahoo! Finance
The deal looks to create a European-based satellite giant able to compete with Elon Musk's Starlink, the undisputed pioneering global market leader in satellites. In a joint statement, the two companies said the combination would create a stronger multi-orbit operator with greater coverage, improved resiliency and an expanded suite of solutions. European satellite companies have been looking to consolidate in order to compete against Musk's Starlink. Although Starlink was originally launched to serve consumers, the satellites have expanded to serve enterprise customers in the aviation and maritime industries. This puts Starlink in direct competition with SES, which serves defence, aviation and maritime sectors. In 2021, US satellite internet company Viasat announced it would purchase UK-based Inmarsat. In 2022, French satellite company Eutelsat said it would be joining forces with UK-based low-earth orbit company OneWeb. Elon Musk has dominated the space industry with Spa Show less Read more
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