ViaSat launches two satellites, returns to profit, receives $420M Ligado settlement

Filed May 29, 2026 · Period ending March 31, 2026 · Compared to 10-K May 27, 2025 · ~1 min read

Key Changes

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  ViaSat-3 F2 launched Nov 2025, F3 launched Apr 2026 (commercial service expected late summer 2026), completing the ViaSat-3 constellation and expanding global capacity after F1 reflector issues.

  Business: ViaSat-3 satellite launches verify on EDGAR →
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  Received $420M lump sum from Ligado settlement in Oct 2025 (split between deferred revenue and $152.5M interest income); $100M payment remains outstanding, quarterly payments resumed at $16M/quarter.

  MD&A: Ligado settlement verify on EDGAR →
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  Communication services segment returned to operating profit ($152.6M vs. $50.2M loss prior year), driven by absence of prior-year $169.4M ground network impairment and improved margins.

  MD&A: Segment profitability verify on EDGAR →