CARLSBAD, Calif., February28, 2023 -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has reached non-binding Memorandums of Understanding (MoU) with Ligado Networks and Skylo Technologies intended to offer first generation standards based Direct-to-Device (D2D) satellite services via Ligado’s SkyTerra satellite network. Viasat and Ligado have already partnered closely for years to provide a range of Mobile SatelliteServices over SkyTerra.
The expanded agreement intends to add Skylo’s technology, sales and service for 3GPP Release-17 Non-Terrestrial Networks (NTN) industry standard waveforms and spectrum. Ligado’s SkyTerra-1 satellite network can enable these services over North America and surrounding waters. The partners aim to bring smartphone messaging, wearable connectivity, and IoT services enabling cellular devices to connect seamlessly via satellite rapidly to some of the world’s most attractive markets.
The companies intend to launch commercial services in 2023 across a broad range of market segments, including consumer smartphone, automotive, and defense applications.
“The 3GPPNB-IoT standards, delivered over Ligado’s powerful SkyTerra-1 satellite, canhelp to rapidly enable a broad range of innovative services using on orbitMobile Satellite Services (MSS) networks,” said Mark Dankberg, Chairmanand CEO, Viasat. “Adding Skylo to our partnership with Ligado can helpaccelerate inclusion of first generation direct to satellite connectivity for abroad range of devices. Longer term, we believe space-basednetworks can help scale these applications by substantially increasing networkdata rates and capacity; increasing service convenience and availability; andreducing costs.”
Ligado NetworksPresident and CEO Doug Smith added, “Viasat has consistently delivered trusted,high-quality services to its global customer base, and we’re looking forward toexpanding our longstanding collaboration with them to fully leverage our uniquesatellite capabilities and to create a path for further evolution of ourservices to meet the demand for increasingly capable D2D connectivity.”
“Enterprise IoT and consumer device marketsare now demanding ubiquitous global coverage for applications such aslogistics, agriculture, energy, maritime and emergency or out-of-coveragemessaging,” said Parth Trivedi, CEO and co-founder of Skylo. “Thiscollaboration unlocks a fantastic opportunity to develop an entirely new set ofconnectivity solutions for a rapidly expanding market.”
Viasat is a global communications companythat believes everyone and everything in the world can be connected. For morethan 35 years, Viasat has helped shape how consumers, businesses, governmentsand militaries around the world communicate. Today, the Company is developingthe ultimate global communications network to power high-quality, secure,affordable, fast connections to impact people’s lives anywhere they are—on theground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat’s Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
About Ligado Networks
Building on 25 years ofexperience providing crucial satellite connectivity, our mission is to bringversatile, mobile connectivity to the businesses, people and places that needit most. Our satellite and terrestrial solutions, combined with powerful, lowermid-band spectrum, serve to supplement and broaden mobile coverage across theUnited States and Canada. Our innovative satellite and terrestrial networkdeployment plans will help pave the way for future innovations and economicgrowth across America. For more information, visit Ligado’s website at ligado.com.
Skylo Technologies is an NTN service provider based in Palo Alto, CA, offering a service that allows cellular modems and devices to connect directly over existing satellites. Devices connected over satellite are managed and served by Skylo’s commercial NTN vRAN, featuring a 3GPP standards-based cloud-native base station and core. Skylo works with existing satellite operators, terrestrial mobile network operators, and device makers to provide subscribers an anywhere, anytime connectivity solution that seamlessly roams between terrestrial and satellite networks. Skylo’s focus is on enabling connected services for people outdoors and connected workflows for machines at work across critical industries such as agriculture, maritime, logistics, mining, and others, in addition to mass-market consumer devices. For more information, visit www.skylo.tech, contact firstname.lastname@example.org, or follow us on LinkedIn and Twitter.
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities ExchangeAct of 1934. Forward-looking statements include statements about Viasat’s entry into the Direct-to-Device (D2D) satellite services market; the strategic collaboration with Ligado Networks and Skylo Technologies, including the expected launch date of commercial services and geographic and market segments to be targeted; and the expected increase in data rates and capacity, increase in service convenience and availability, and cost reductions provided by space-based networks. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance, contractual problems, product defects, manufacturing issues or delays, regulatory issues, changes in relationships with, or the financial condition of, Ligado Networks or Skylo Technologies, technologies not being developed according to anticipated schedules, or that do not perform according to expectations, and increased competition and other factors affecting the D2D sector generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update orrevise any forward-looking statements for any reason.
Copyright © 2023 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
Viasat, Inc. Contacts:
Deb Green, External Communications, Viasat Corp, Deb.Green@viasat.com
Peter Lopez, InvestorRelations, IR@viasat.com
Ligado Network Contacts:
Rosa Lear, Head of Marketing, Skylo, email@example.com