8/8/2024, 1:35:04 pm

Viasat raises fiscal 2025 revenue forecast on boost from aviation, defense

Viasat raised its fiscal year 2025 revenue forecast on Wednesday, indicating a surge in demand for the satellite communications company's connectivity solutions from the aviation and defense markets. The California-based company has benefited from a growing need for constant connectivity and robust security solutions as it offers in-flight connectivity and data encryption, among others.