Viasat shares lift off 40% on NASA services contract

TL;DR


Summary:

- Viasat, a global communications company, has been awarded a contract by NASA to provide satellite communication services for the agency's space operations.
- The contract, worth up to $692 million over five years, will enable Viasat to support NASA's communication needs for various missions, including the International Space Station, Artemis lunar exploration program, and other low-Earth orbit and deep-space operations.
- This contract win is a significant achievement for Viasat, as it demonstrates the company's capabilities in delivering reliable and high-performance satellite communication solutions for the demanding requirements of space exploration and research.

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