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-0.000536768652710766 0 0.0053676865271067 0.00161030595813192 0.00590445517981747 0.00751476113794938 0.0107353730542136 0.00751476113794938
Stock impact report

A new space race is taking shape as sovereign and newer satellites compete for world domination [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
In recent years space has become increasingly dominated by a handful of newer upstart companies notably SpaceX and Project Kuiper. 5,000 Starlink satellites, all operated by Elon Musk's SpaceX, offer internet coverage to over 70 countries, and it is set to expand further in 2024. Project Kuiper, an Amazon initiative, aims to rival Starlink with a 3,236-strong satellite constellation designed to provide low-latency broadband globally. By 2029, it hopes to double the average broadband speed for U.S. consumers. Traditional geostationary satellite operators, such as ViaSat and SES, are feeling their historic dominance ebb away, and sovereign operators are getting anxious about maintaining their interests as these (mainly) U.S.-based entities gain ascendency. Space does not belong to anyone. And many–including sovereign powers–are uncomfortable with the way in which satellites owned by a handful of players are proliferating in Earth's orbit. With low-Earth orbit satellites set to doubl Show less Read more
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