Viasat Expands Maritime Connectivity with NexusWave Service
Viasat (NASDAQ: VSAT) announced on 1 December 2025 that it will broaden its maritime connectivity portfolio through the NexusWave service, leveraging the new ViaSat‑3 satellite network. The company stated that the expansion will enable higher‑capacity, lower‑latency broadband service for vessels operating across the world’s oceans.
Key Elements of the Announcement
| Item | Detail |
|---|---|
| Service | NexusWave – a maritime broadband solution |
| Platform | ViaSat‑3 satellite network |
| Launch Date | 1 December 2025 |
| Target Markets | Commercial shipping, offshore platforms, maritime logistics |
| Strategic Impact | Extends Viasat’s global broadband footprint and positions the company to capture a growing demand for high‑speed connectivity at sea |
Background on ViaSat‑3
- Launch: The ViaSat‑3 constellation is a series of high‑throughput satellites that will provide global coverage, including the Atlantic, Pacific, and Indian Oceans.
- Capacity: Designed to support multi‑gigabit data rates, the network is expected to deliver up to 20 Gbps per satellite.
- Competitive Positioning: By integrating NexusWave with ViaSat‑3, Viasat aims to offer services that compete with traditional satellite providers and emerging low‑earth‑orbit constellations.
Financial Context
- Recent Share Price: $34.33 (close 27 Nov 2025).
- 52‑Week Range: $7.36 to $43.59.
- Market Capitalization: $4.64 billion.
- Price‑Earnings Ratio: –8.67, reflecting the company’s current operating loss relative to earnings.
Related Developments
- The company’s maritime initiative follows a series of announcements from Inmarsat Maritime regarding the next phase of the NexusWave evolution.
- No other corporate actions or leadership changes were disclosed in connection with this expansion.
Summary
Viasat’s introduction of the NexusWave service on the ViaSat‑3 satellite platform represents a significant step toward delivering high‑capacity broadband connectivity to maritime customers. The move expands the company’s service offering into a market with growing demand for reliable, high‑speed communications at sea.
