What's Going On With ViaSat Stock Today?

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ViaSat, Inc. VSAT shares were trading relatively flat in the premarket session on Tuesday.

The company today announced that the NATO Military Committee has approved its next-generation DARC-ssd 600 for securing up to NATO SECRET data at rest.

This approval and its listing in the NATO Information Assurance Product Catalogue confirm that Viasat’s solution meets NATO’s strict requirements for securing classified data from theft or compromise.

The DARC-ssd 600 provides enhanced protection for classified information across various systems, including laptops, tablets, desktops, and network-attached storage devices.

The new model, designed and manufactured in the U.K., features a 685 billion parameter architecture and uses hardware-based encryption for superior data security.

Also Read: Shell Unveils New Strategy: Higher Buybacks, Cost Cuts And 10% Annual Free Cash Flow Growth

Viasat’s DARC-ssd 600 integrates 256-bit AES hardware encryption with full disk encryption, ensuring data is decrypted upon bootup and encrypted when powered off.

According to Benzinga Pro, VSAT stock has lost over 35% in the past month. Investors can gain exposure to the stock via Procure Space ETF UFO and Invesco S&P Smallcap 600 Pure Value ETF RZV.

Recently, NASA selected Viasat to support its direct-to-Earth capabilities through the Near Space Network Services contract.

This is part of a five-year, multi-award indefinite delivery, indefinite quantity (IDIQ) contract, valued at $4.82 billion, with a potential five-year extension. Viasat is one of four commercial companies chosen for this initiative.

Under the contract, Viasat will provide global ground segment support services for NASA missions, initially focusing on low Earth orbit operations. Viasat will use its Real-Time Earth Ground-Segment-as-a-Service network to offer resilient, high-throughput satellite-to-ground communications.

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Which defense contractors could benefit from NATO approvals?
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