CARLSBAD, Calif., June 27, 2016 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, announced today it delivered its 500th production KOR-24A Small Tactical Terminal (STT). This significant milestone was achieved as ViaSat reached a steady state production rate in excess of 20 terminals per month with a stair-step approach that is expected to produce 40 units per month by the end of the calendar year.
ViaSat's STT has been in operational service with U.S. and international militaries for five years and has exceeded 1,000,000 operational flight hours in Link 16 networks to date. The STT provides direct Link 16 interoperability among traditional and edge users in combat and between and among U.S. and allied nations. Currently, the STT is in service on a wide variety of fixed wing and rotary wing aircraft across all military services and special operations forces as well as small maritime craft, deployable command and control stations and expeditionary gateways. It is also in service with a number of international coalition partners in ground and air applications.
"We see delivering our 500th terminal to our customers as an initial milestone for this highly promising product line as it is the only small form factor Link 16 terminal in steady production in the world today," said Ken Peterman, senior vice president and general manager, Government Systems Division, ViaSat. "We produced and delivered over 210 STTs to customers over the course of the past year, and given pending orders and interest both in the U.S. and internationally, we expect a future with a minimum of several thousand STTs being delivered over the next decade."
The STT is a two-channel radio designed to meet the needs of users who have size, weight and power (SWaP) constraints, but also need simultaneous access to Link 16 and either wideband UHF or legacy VHF/UHF. Having both channels in one terminal enables users to consume tactical information from a ground network, such as the Single Channel Ground and Airborne Radio System (SINCGARS) or Soldier Radio Waveform (SRW), and pass that information over to Link 16 and vice versa, creating a seamless improved situational awareness and a common operational picture between air and ground forces. It also affords SWaP constrained platforms that need to upgrade to Link 16 a path to add the STT in place of a legacy VHF/UHF radio while maintaining the legacy radio capability using the STT's second channel without impacting platform SWaP. The terminal is packaged in an affordable, industry standard compact form factor and is ruggedized to meet demanding environmental requirements. For more information, visit ViaSat's website here.
ViaSat, Inc. (NASDAQ: VSAT) 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, or follow the Company on social media: Facebook, Twitter, LinkedIn and YouTube.
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 statements about the success and the timeline of opportunities surrounding ViaSat's KOR-24A Small Tactical Terminal. 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: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the industry generally. In addition, please refer to the risk factors contained in ViaSat's SEC filings available at www.sec.gov, including ViaSat's 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. ViaSat undertakes no obligation to update or revise any forward-looking statements for any reason.
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SOURCE ViaSat, Inc.