Posted: Sun, Oct 15, 2023, 10:44 AM ET (1444 GMT)
Viasat says it will not order a replacement for its ViaSat-3 Americas satellite despite losing most of its capacity. The company said Thursday that while it only expects to recover less than 10% of the satellite's planned throughput, that will be enough to meet current and future needs with the use of other satellites and third-party capacity deals. The satellite, launched in April, suffered a malfunction deploying its large antenna, but the company has released few details about the problem. ViaSat-3 Americas has $420 million in total insurance coverage. It is unclear how much the operator could receive after finalizing its claim before the end of the year.

Related Links:

•  SpaceNews article
•  Reuters article
•  Viasat press release