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Viasat Confirms Launch of Final ViaSat-3 Satellite

-- Viasat (VSAT) said Monday its ViaSat-3 F3 satellite is scheduled for launch on April 27, aboard a SpaceX Falcon Heavy rocket from NASA's Kennedy Space Center, marking the final satellite in its ViaSat-3 constellation.

The satellite is designed to deliver over 1 terabit per second of throughput across the Asia-Pacific region, expanding Viasat's high-capacity broadband network for commercial, mobility and government customers.

Following launch, it will undergo several months of orbit-raising and in-orbit testing before entering service, expected in late summer of this year.

Shares of Viasat were up 1.2% in Monday trading.

Price: $63.63, Change: $+0.78, Percent Change: +1.24%

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