ViaSat (NASDAQ:VSAT) and Boeing (NYSE:BA) are teaming to offer the ViaSat Flexible Broadband System intended to provide Internet service anywhere on the planet. The broadband system is based on geostationary satellites, including the Boeing all-electric propulsion 702SP satellite.
The Flexible Broadband System is designed to provide satellite bandwidth economics in a more affordable package, tailored to regional operators. The system is based on the ViaSat High-Capacity Satellite System. ViaSat and Boeing are also adapting a ViaSat-2 based payload to the Boeing 702SP (small platform) satellite bus to provide satellite broadband anywhere in the world.
"The advantage of using geostationary satellites to spread broadband availability worldwide is the ability to focus capacity to where it is needed, rather than blanket the entire globe with a thin layer of capacity regardless of population density or demand," said Mark Dankberg, ViaSat chairman and CEO. "Our new system will add another dimension to that capability, with a networking system that can quickly shift or add capacity to markets where demand begins to grow or change."
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