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Solvang Commits to Inmarsat Nexuswave Fleetwide for Crew and Business Connectivity

1. Inmarsat Maritime signs agreement with Solvang for NexusWave service. 2. NexusWave ensures high-speed, reliable connectivity for maritime operations. 3. Solvang's vessels will benefit from combined LEO, GEO, LTE networks. 4. Initial feedback on NexusWave reports positive performance and seamless service. 5. The agreement emphasizes shift towards cloud-based solutions in maritime.

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Why Bullish?

The partnership enhances Viasat's maritime capabilities and customer acquisition, fostering growth potential.

How important is it?

The article highlights an important contract signifying growth in maritime digitalization, affecting VSAT positively.

Why Long Term?

Sustained demand for advanced connectivity solutions will benefit Viasat over time, especially as industry evolves.

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CARLSBAD, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Inmarsat Maritime, a Viasat company, has signed an agreement with Solvang to equip the company’s fleet with Inmarsat’s NexusWave fully managed bonded connectivity service to support the leading gas shipping company’s evolving crew and business connectivity requirements. Solvang’s fleet, which includes six semi-refrigerated ethylene carriers, eight large gas carriers, and 13 very large gas carriers (including seven newbuilds), depends on reliable satellite connectivity. This connectivity is crucial for running cloud-based business applications and video conferencing, as well as ensuring that crew members can stay in touch with their family and friends. Inmarsat’s NexusWave will provide Solvang with high-speed, reliable service, along with unlimited data and global coverage, thereby supporting the Norway-based company’s evolving connectivity demands. The fully managed NexusWave service combines LEO, GEO, LTE, and L-band network underlays in one bonded connection to achieve maximum download speeds of up to 340 megabits per second, maximum upload speeds of up to 80 Mbps, and network availability exceeding 99.9%. Real-life tests have also shown the quality of a video conference remains virtually unaffected by the availability or performance of a single underlay, with the solution dynamically adjusting traffic routing to maintain a seamless and uninterrupted experience. Leveraging unique network bonding technology, NexusWave ensures managed performance levels regardless of the vessel’s location or requirements, with full transparency on the total cost of ownership. Terje Skaar, Superintendent - Electro, Solvang ASA, commented: “In a rapidly evolving maritime industry, our operations are increasingly reliant on cloud-based solutions and video conferencing, while our seafarers expect a home-like Internet experience on board the ship. With NexusWave, our vessels will be seamlessly connected to high-speed Internet at all times – with no unexpected costs and a single point of contact for support and service.” Evaluating NexusWave’s performance on board the Solvang very large gas carrier Clipper Explorer, the vessel Master reported: “I only have positive things to say about NexusWave. Since the service was installed, our online applications have been running smoothly, with higher connection speeds than ever, no downtime, and not a single issue reported by crew.” “Initial feedback from vessels equipped with NexusWave vessels has been very positive,” said Christopher Hansen, Sales Manager, Inmarsat Maritime. “We have verified the service’s exceptional speed and reliability through rigorous real-world testing. Now, shipping operators are experiencing the benefits of seamless business communications and home-like connectivity for crew. We also see that ship owners appreciate the convenience and simplicity of partnering with a single, trusted provider at a time when shipping operations increasingly depend on the power of multiple networks.” About Inmarsat MaritimeInmarsat is a Viasat company and continues to power the digitalisation of the maritime industry. With over 40 years of experience, Inmarsat Maritime offers reliable and innovative solutions that enable ship owners and operators to stay connected, navigate safely, enhance operational efficiency, and ensure crew welfare. Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people’s lives anywhere they are - on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com, the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads and YouTube. Inmarsat Maritime is based in Viasat’s global international business headquarters in London, United Kingdom. For further information about Inmarsat Maritime, visit Inmarsat.com/maritime and follow us on LinkedIn. Viasat, Inc. ContactsPR Contact – Richard Jones, External Communications, PR@Viasat.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/19544779-d133-4d0b-bc76-38db28f83e0d Solvang Clipper Saturn Inmarsat’s fully managed bonded connectivity service, NexusWave, supports evolving crew and business...

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