I can't think of anything they could say that is big enough to make a difference in the stock price. Maybe they'll announce a launch date.
Viasat secures $3.5 million US government SATCOM contract
Haters gonna hate, But ViaSat keeps getting contracts left and right, we ain’t leaving anytime soon. Glad I’m still with the company and watching the ViaSat making the smart moves by getting rid of all the cancer that plague us for so many years... — read more
Ex-employee here. Were other execs laid off in this re-org?
Just curious who else at the VP and President levels was impacted by the re-org?
GURU GONE!
That explains the 40% pop in stock price. Did he add any value? Was he really instrumental in the Inmarsat integration. Two years, 20 million in stock and I’m sure a nice severance
When would the next layoff be?
So looking forward to severance. So fed up with this dying company
Hope viasat doesn’t buy into RTO
That federal workers got hit with yesterday. Carlsbad traffic isn’t very good anymore and 8 hr workday is criminal
Multibillion-dollar NASA deal incoming?
https://sam.gov/opp/ae6867f5b7914fdbb939969fd3c7c957/view
A runner can fall and trip....
And get back up fighting! https://advanced-television.com/2025/01/06/viasat-gets-tough-on-spacex/
RIP Viasat continued
https://spaceflightnow.com/2025/01/04/spacex-to-attempt-first-payload-deployment-engine-reuse-during-starship-flight-7/ This upcoming January 10th Starship launch will deploy 10 dummy V3 satellites. The V3 birds are each capable of 1Tbps forward... — read more
2025
Happy New Year, everyone. To those covering for those laid off: it will be a tough year, working hard to keep the boat afloat and with constant fear of another (inevitable?) round of layoffs. To those who lost their jobs through VRP and "surgical... — read more
COMPENSATION
The most popular word at One Viasat. Don't forget that.
How many H-1B visas will it take to bring viasat up to speed with starlink?
https://h1bdata.info/index.php?em=viasat+inc&job=&city=&year=2024
How much coin you think they got for Energy Services System Integration (SI) business?
Nice divesture but no details on sale price. https://www.prnewswire.com/news-releases/viasat-completes-sale-of-energy-services-systems-integration-business-302335522.html
Hey MD and GG
Where’s the wiki page with answers to unanswered questions? Been waiting half a year now
T-Mobile Starlink Beta rolling out in 2025
They're looking for beta testers! https://www.t-mobile.com/coverage/satellite-phone-service?sdtid=17997126 The T-Mobile Starlink beta enables us to test the service in real world circumstances to ensure it meets our high standards before launch... — read more
Cringe
That Viasat One event was so cringe with all the speakers obviously reading off their laptop screens. MD's eyes going left to right to left to right the whole time.
Why haven't more employees quit?
Qualcomm's career site has 263 job listings for San Diego. Why do you stay at a cr-ppy company where you're losing all your retirement money?
Buying satellite ($150k OBO)
ISO satellite that can help my kiddos watch the youtubes. Must be in working order and up to date paperwork. No scams or LBand please.
Massive value destruction
Viasat Acquired Inmarsat for $7.3 Billion and now Viasat's market cap is $1.26 Billion. $6 Billion just disappeared and many investors including employees with RSUs and stocks from the employee purchase program got f*cked. From $50 down to $8. Paid... — read more
Stock going back down now
I think $10.25 was the top. Stocks don't go down in a straight line. We had a little rally there, but it's going back down now. I think it'll hit $5 maybe Q1 or Q2, and maybe even go down to $3 sometime next year.
Stock is up. It’s all going better?
So the stock is (almost) back in double figures. And we managed to pass a text message over the decrepit ISAT L-band network in (wait for it) Saudi Arabia. Yay. Meanwhile, one of our heroic L3s gets spotted on a VRP leavers night out in Europe... — read more
A job's a job
I don’t love this place, and most days I want out, but to be honest, I’m just grateful to have a job. A friend, really qualified, is still struggling to find something after being let go months ago. It makes me think twice about leaving. — read more
Emirates Internet
Recent post on LinkedIn https://www.linkedin.com/posts/activity-7263151005846966272-5v9J?utm_source=share&utm_medium=member_ios And the answer is - The internet on an Emirates A380 was provided by SITA (a former service partner of Inmarsat)... — read more
The most rehearsed all-hands webinar ever
This format of all-hands seems really weird. The back-and forth questions is obviously very rehearsed and I get it - they’re doing damage control and trying to control the narrative. But talk about cringe.
Another analyst downgrade
Barclays analyst Mathieu Robilliard maintains Viasat with a Equal-Weight and lowers the price target from $24 to $9.
Dear Ownwers and Board
Our Company has lost 20% of its value in a week. When do you call time on this dreadful Executive Leadership Team?
Cove Street Capital Says Defense Business Worth $25 Per Share
In their end of June/early July shareholder letter, Cove Street Capital said "The defense business is arguably worth 2x the current market cap." That would put his value of the defense business at ~$25 per share or $3.2 billion. Sell it and take the... — read more
It’s not the execs, is the self proclaimed “experts”
In my long tenure here at Vias@at, I’ve come across so many of those that its unbelievable how deluded employees here are! Don’t just blame everything on execs, look at yourself. My team of 7 has at-least 4 of those, how is that even possible? Start... — read more
A hero comes (again)
So, Cr@ig M@ller will be participating in the Deutsche Bank Global Space Summit in New York, Wednesday November 20. Great. What will he say? Some miracle cure speech to reassure sceptical analysts? Let’s get him out on the road to speak to Delta... — read more
August 2002 Calling
Welcome back to a stock price of sub 8 bucks Let me introduce my friend April 1999. Nice job, everyone
It’s like the company doesn’t offer any 401(k) matching
That’s how bad the stock is.
Who's the bigger fish to fry?
Gogo's CEO 3 years ago said “Elon’s got much bigger markets to worry about than our market. Our industry is about $500 million total today, we think it’s going to grow to about a billion dollars by the end of 2025. That’s peanuts compared to the... — read more
Three managers in six months
What the he-l is going on with this place?
Emergency Board Meeting last night
Emergency Board Meeting last night. No all hands post Earnings call and stock slide. Shows where our Owners and Leaders heads are at - talking only to themselves. Shame !
$7.96 now
We employees are shareholders. We should file a shareholder lawsuit against the company. Our retirement has gone down the drain.
Trump selects Elon Musk to lead government efficiency department
Scary move for Viasat government and defense business. Let’s see what Elons new department does with our offers and renewals.
Remember when Viasat execs were making fun of Gogo?
Gogo is almost about to surpass Viasat.
Professional shorts are shorting Viasat stock
https://www.benzinga.com/news/24/11/41784498/dead-company-walking-short-seller-sets-sights-on-viasat-expects-elon-musks-starlink-to-take-share-af
Anyone else feel d-mb, discouraged, or embarrassed working here?
How is lower management handling things? Nothing adds up about this place and the demoralizing interactions are truly bizarre.