ViaSat Inc. (NASDAQ: VSAT) a global broadband services and technology company, has announced a Public Private Partnership (PPP) between its wholly owned subsidiary ViaSat Antenna Systems S.A. and the European Space Agency (ESA), to develop key components of the ViaSat-3 satellite communications system with European industry, the company said.
ViaSat-3 is an ultra-high capacity satellite platform, comprised of three ViaSat-3 class satellites with state-of-the-art ground network infrastructure. Each ViaSat-3 satellite will offer over 1-Terabit per second (Tbps) of network capacity, which is comparable to the total capacity of all commercial satellites in space today. The platform is expected to give consumers greater choice in their Internet Service Provider (ISP) by enabling 100+ Megabits per second (Mbps) broadband speeds to the home.
The â¬68M PPP, known as Project AIDAN, has been kicked off with an initial â¬31.2M and is co-funded by ESA with the support of three of its Member States (Switzerland, the Netherlands and Romania), ViaSat and others within the European industry. This program will focus on developing and productizing two key innovative components of the ViaSat-3 satellite ground segment.
ViaSat keeps the world connected. As a global broadband services and technology company, ViaSat ensures consumers, businesses, governments and military personnel have communications access – anywhere – whether on the ground or in-flight. The company´s innovations in designing highest-capacity satellites and secure ground infrastructure and terminal technologies coupled with its international network of managed Wi-Fi hotspots enable ViaSat to deliver a best available network that extends the reach and accessibility of broadband internet service, globally. For more information visit ViaSat at: www.viasat.com.