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☆ Viasat revenue grows as investigation continues into malfunctioning $750 million satellite
▼ + stars: | 2023-08-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Viasat has approximately $420 million in insurance on the malfunctioning satellite, "which is nearly half of the net book value" of ViaSat-3 Americas, putting its value at about $750 million. Viasat brought in $780 million in revenue during the quarter, a 36% increase compared to the same period last year. It reported a net loss of $77 million for the quarter, wider than a net loss of $21.6 million a year ago. As of the end of quarter, Viasat had $5.5 billion in net debt, with about $2 billion in cash and equivalents. Despite the issues, Viasat forecast that revenue will grow further in fiscal year 2025.

Persons: Mark Dankberg, K, Guru Gowrappan, Dankberg, Northrop Organizations: Viasat, ViaSat, Northrop Grumman, Inmarsat Locations: Americas, Africa

☆ Viasat stock plunges after company discloses malfunction in new satellite
▼ + stars: | 2023-07-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

A long-exposure photo shows a trail left by SpaceX's Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023. Viasat 's stock dropped in after-hours trading on Wednesday after the company disclosed its most recently launched communications satellite suffered a malfunction. The Carlsbad, California-based company said an "unexpected event occurred" while deploying the reflector of its Viasat-3 Americas satellite "that may materially impact" performance. The design of the reflector on the Viasat-3 Americas satellite appear to match the "AstroMesh" line of reflectors that Northrop Grumman advertises. Viasat has previously thanked both Boeing and Northrop Grumman as part of its combined team behind the Viasat-3 Americas satellite.

Persons: We're, Mark Dankberg, Dankberg, Northrop Grumman, NASA's James Webb Organizations: ViaSat, Viasat, CNBC, Boeing, Grumman, NASA's James Webb Space Telescope, Northrop Locations: Florida, Carlsbad , California, Americas

☆ Investing in Space: Viasat launch adds power and flexibility in satellite broadband competition
▼ + stars: | 2023-05-04 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Viasat took a big step toward satellite staying power last weekend, as the long-awaited launch of the first of the ViaSat-3 trio rumbled off the ground (thanks to the "full power" version of SpaceX's Falcon Heavy rocket.) The new satellites also give Viasat "a lot of flexibility" in where it aims the bandwidth, Dankberg said. Dankberg sees Viasat-3 as "more successful in business aviation," particularly by adding coverage over the Pacific.

☆ Unearthing the Secrets of New York’s Mass Graves
▼ + stars: | 2016-05-15 | by ( Nina Bernstein | ) www.nytimes.com time to read: +51 min

Then, like more than a million men, women and children since 1869, she was consigned to a trench on Hart Island. Citing security, the city’s Correction Department also repeatedly rebuffed The Times’s requests to witness Hart Island burials firsthand. hart island Future plots Future plots Active trench 2000s 1990s Hart Island N.Y.C. He readily remembered the Dickerson case as a financial disappointment, but said he was hearing of his ward’s Hart Island burial for the first time. When she died, Ms. Murray had $6,887 left in her personal account at New Surfside.

Persons: Alon Sicherman, Micah Dickbauer, Leola Dickerson, Zarramen Gooden, Milton Weinstein, Hart, shrouds Hart Island’s, Ruth Proskauer Smith, Arnold, Timothy Daniels, Melinda Hunt, Hunt, Hart Island’s, “, snatchers, New York State’s, Jim Crow, Gwendolyn Burke, Burke, ”, David Minton, Dickerson, We’re, Mango’s, Joseph Dixon, Helen Katz, Johnny Maddox, Constance Dickerson Williams, Grandma Leola, Dickerson’s, Dr, Michael Katz, Ms, Katz, Maddox, Bernice, Thackus Dickerson, sheriff’s, Jay Stuart Dankberg, ” Mr, Dankberg, exposés, —, ” Felice Wechsler, Constance Mirabelli, Mirabelli, John, Jo Ann Douglas, Mirabelli ”, Douglas, Ciro Ferrer, Ferrer, Regla, Nicholas S, Ratush, Ferrer’s, Ilda, Mr, Julie Bolcer, ” Zarramen, Rita Nelson, Malondya, Doris McCrea, Audrey Ponzio, McCrea, Jonathan Mawere, Emmett Pantin, Sgt, Gerard Pantin, ” Sergeant Pantin, Jason Chiaramonte, Hey, Jason, Chiaramonte, ” Ms, Bolcer, McAllister, Hurricane Sandy, Amy Koplow, Einstein, ” Michael Wynston, Weinstein’s, Wynston, Weinstein, Lynda, abusiveness, Michael, wouldn’t, Barry Gainsburg, they’re, Monica Murray, Maureen, Linda, doesn’t, ” Maureen Eastman, St . Lucia, Murray, Eastman, Grandma, Charles, Murray’s, ’, Sheryl Hurst, Rodeph Sholom, Terry Saunders, Lady Thiang, Hurst’s, James Hurst, Hurst, Sally Kaplan, Sheryl, ’ ” Organizations: The New York Times, New York Times, Sears, Roebuck & Company, city’s, Information, New York University School of Medicine, New York, Department, Times, The Times, Columbia College, United, New, Albert Einstein College of Medicine, Social, Atlantic City, Army, Queens County, Medicaid, Government, Hygiene Legal Service, Medical, Continental, Care, Hart, ”, Offshore Hospital, Hospital, Rivals, American Academy McAllister Institute of Funeral Service, Queens, Nassau Community College, Bellevue Hospital, Association, Center for Nursing, Rehabilitation, Irish, New Surfside, Facebook, Jewish Locations: Hart, New York City, Long, Alabama, New York, Bronx, . New York, New, Dakota, Manhattan, New York State, Jerusalem, Southern, morgues, Philadelphia , New Haven, United States, Ohio, American, Harlem, Rikers, hart, Pleasantville, N.J, Tuskegee, ”, Milton, New Jersey, Queens, Queens County, Pensacola, Fla, Atlantic, West, St, Cuba, Trench, Elmhurst , Queens, Havana, Elmhurst, Far Rockaway, Brooklyn, Turners Falls, Iraq, Trinidad, Florida, Afghanistan, they’re, Midtown Manhattan, Bellevue, Hurricane, St ., Creedmoor, Arizona, Farmingdale, Jersey, —, California

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