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SES Enables Viasat Energy Services' Asia-Pacific Customer to Experience High-Performance Connectivity

1. Viasat Energy adopts SES's O3b mPOWER for offshore operations in APAC. 2. This marks Viasat's first use of MEO satellite technology globally.

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FAQ

Why Bullish?

This adoption signifies Viasat's strategic expansion, potentially enhancing revenue streams. Historically, tech advancements correlate with stock gains.

How important is it?

The article highlights crucial technological adoption that likely impacts Viasat's market position, sparking investor interest.

Why Long Term?

As MEO technology scales, it may lead to sustained growth for Viasat. Previous long-term tech adoptions have significantly bolstered similar companies' trajectories.

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SESVIAViasat
LUXEMBOURG--(BUSINESS WIRE)--SES announced today that O3b mPOWER, its second-generation medium Earth orbit (MEO) satellite system, was deployed to a Viasat Energy Services' customer operating an offshore vessel in the Asia-Pacific (APAC) region. This collaboration represents Viasat Energy's first adoption of MEO satellite technology in APAC and their inaugural implementation of O3b mPOWER services globally. Offshore Energy mPOWERED was deployed in late October 2024 aboard a Floating Production.

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