Viasat reports unexpected reflector deployment issue on ViaSat-3 Americas that may materially impact performance

VIASAT INC

ViaSat-3 Americas satellite experienced an unexpected event during reflector deployment, potentially materially affecting performance.
Viasat and reflector provider conducting a rigorous review; no customer disruption or impact to existing constellations.
Contingency plans include redeploying satellites from fleet or reallocating a subsequent ViaSat-3 class satellite.
Viasat has 12 Ka-band satellites in space (excluding ViaSat-3) and eight more under construction.
Company to share further updates on August 9, 2023 earnings call.

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