[May 17, 2013] ViaSat contracts with Boeing to build new satellite Tweet May 17, 2013 (TELECOMWORLDWIRE via COMTEX) -- ViaSat (NASDAQ: VSAT) said it has executed a contract with Boeing (NYSE: BA) to build ViaSat-2, which is based on ViaSat's next generation, Ka-band satellite technology and architecture. ViaSat-2 is expected to be, by far, the world's highest capacity satellite at the time of launch (scheduled for mid-2016) achieving an unparalleled mix of capacity and coverage. ViaSat-2 is anticipated to approximately double the bandwidth economics of ViaSat-1 while simultaneously increasing its coverage footprint by seven-fold. Building on the market success of the ViaSat-1 based Exede Internet service, which has received multiple awards in recognition of its innovation and service performance, ViaSat-2 is expected to significantly improve the speed and availability of broadband services over a greatly expanded coverage area that includes North America, Central America, the Caribbean, a small portion of northern South America as well as the primary aeronautical and maritime routes across the Atlantic Ocean between North America and Europe. ViaSat delivers fast, secure communications, Internet, and network access to virtually any location for consumers, governments, enterprise, and the military. Comments on this story may be sent to [email protected] [ Back To TMCnet.com's Homepage ]