VSAT

Viasat (VSAT) has been back on traders’ screens after its partnership with Terrestar Solutions and Space42 was unveiled, tying Terrestar’s CaStar constellation into the Equatys shared satellite infrastructure platform.

Key TakeawaysViasat shares jumped 7% after Terrestar Solutions agreed to link its planned Canadian constellation with Equatys, Viasat’s satellite venture with Space42.

ViaSat (VSAT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Analyst Tim Farrar said SpaceX could announce an acquisition of EchoStar’s remaining business as soon as next week.

Viasat reported the successful launch of its Maxwell spacecraft for NASA’s Communications Services Project, kicking off a five month on orbit test campaign of Ka and L band relay services and Real Time Earth ground connectivity for low Earth orbit missions.

Key TakeawaysAST SpaceMobile shares fell 3. 5% today after rival Viasat asked the FCC to deny AST’s request for more spectrum outside the U.

The mission will test commercial satellite communications services for low Earth orbit operations as NASA prepares to retire its existing Tracking and Data Relay Satellite fleet.

AST’s application seeks additional mobile and V-band spectrum for its authorized 248-satellite system.

Viasat has had a powerful run over the past few years, yet the share price has also seen sharp pullbacks in recent weeks.