Viasat Reaches 1,000 Aircraft for SB-S Service

MT Newswires Live05-26

Viasat (VSAT) said Tuesday its SB-S service has reached 1,000 aircraft.

SwiftBroadband-Safety is a certified global safety communications service that supports air traffic control communications, airline operations and regulatory compliance, the company said.

The company said it aims for SB-S to be in service on more than 1,200 aircraft by the end of 2026.

The SB-S service also powers Iris, Viasat's air-traffic management program with the European Space Agency. Using satellite-based data link through SB-S, Iris is designed to help minimize flight delays, save fuel, and lower the environmental impact of air travel, according to the company.

Shares of Viasat rose more than 10% in Tuesday trading.

Price: 82.43, Change: +7.87, Percent Change: +10.56

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