Viasat and Azercosmos, Azerbaijan's satellite operator,
are cooperating to provide connectivity in Azerbaijan and to its partners later
this year.
The collaboration aims to expand
satellite-enabled services to support energy, utilities, and
transport
industries in Africa, the Middle
East, Europe, and Central
and South Asia.
CARLSBAD, Calif., May 23, 2024
/PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader
in satellite communications, today announced it is working with
Azercosmos to bring its highly reliable L-band satellite services
to Azerbaijan and beyond.
Under the proposed arrangement, Azercosmos and Viasat will
provide connectivity for a range of industrial applications to help
organizations operate more efficiently, sustainably, or safely -
even in the most remote locations. This includes powering
applications like tracking and telemetry for advanced transport
systems, pipeline monitoring and control for energy companies,
real-time control for utilities, and environmental or safety
monitoring for mining and agriculture.
Azercosmos provides a range of telecommunications, remote
sensing, surveying, and ground station communications services in
both public and private sectors. The collaboration with Viasat will
significantly expand its available connectivity offering, meaning
it can provide more services for existing and new customers
alongside connectivity from its existing satellite fleet.
It will hallmark the first time that Viasat-enabled satellite
services are being offered within the Republic of Azerbaijan.
Andy Kessler, President, Viasat Enterprise and Land
Mobile, said: "Our global satellite fleet powers a vast
range of applications and sectors across the world, ranging from a
single explorer using a satellite phone to major industrial sites
managing complex supply chains across borders. To make that happen,
we are proud to work with a diverse ecosystem of partners to put
our customers' vision first. Partnering with Azercosmos is an
exciting step forward to bring those services to new people and
organizations."
Fuad Aslanov, Vice-chairman of
Azercosmos, noted: "The agile response in the satellite
service market is critically important for us, and as Azercosmos,
we aim to expand our reliable service to consumers and businesses
globally. This landmark agreement with our strategic partner,
Viasat, will solidify our collaboration in unlocking boundless
possibilities in connectivity in EMEA and Asia."
About Viasat
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
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Copyright © 2024 Viasat, Inc. All rights
reserved. Viasat, the Viasat logo and
the Viasat signal are registered trademarks
of Viasat, Inc. All other product or company names
mentioned are used for identification purposes only and may be
trademarks of their respective owners.
About Azercosmos
Azercosmos, the Space Agency of
the Republic of Azerbaijan, is the
leading force behind the development of innovative space ecosystem
in Azerbaijan. Founded in 2010,
Azercosmos is successfully providing high quality and reliable
telecom and Earth observation services and solutions to partners
across the globe with its satellite fleet. Apart from delivering a
broad spectrum of services and solutions via our satellite fleet,
we also engage in a wide range of R&D activities that aim to
foster the technological advancement. Furthermore, we cooperate
with international stakeholders and partners to ensure the
establishment and strengthening of collaborative ties in the space
industry, participate in major global projects, and build the local
know-how. Being committed to creating a better connected, developed
and secure world for future generations, we aim to emerge as one of
the driving forces in the global space industry. For more
information, please visit our website.
Forward-Looking Statements Template
This press release
contains forward-looking statements that are subject to the safe
harbors created under the Securities Act of 1933 and the Securities
Exchange Act of 1934. Forward-looking statements include, among
others, statements that refer to future products and services
launched in collaboration with Azercosmos. Readers are
cautioned that actual results could differ materially from those
expressed in any forward-looking statements. Factors that could
cause actual results to differ include: the signing of a definitive
agreement with Azercosmos; our ability to successfully
implement our business plan for our broadband services on our
anticipated timeline or at all; risks associated with the
construction, launch and operation of satellites, including the
effect of any anomaly, operational failure or degradation in
satellite performance; our ability to successfully develop,
introduce and sell new technologies, products and services; changes
in the way others use spectrum; our inability to access additional
spectrum, use spectrum for additional purposes, and/or operate
satellites at additional orbital locations; competing uses of the
same spectrum or orbital locations that we utilize or seek to
utilize; and other factors affecting the connectivity sector
generally. In addition, please refer to the risk factors contained
in our SEC filings available at www.sec.gov, including our most
recent Annual Report on Form 10-K and Quarterly Reports on Form
10-Q. Readers are cautioned not to place undue reliance on any
forward-looking statements, which speak only as of the date on
which they are made. We undertake no obligation to update or revise
any forward-looking statements for any reason.
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SOURCE Viasat, Inc.