ViaSat, Inc. (VSAT) Covered Calls

Viasat, Inc. is a global leader in satellite communications, providing high-speed broadband and secure networking systems for commercial and government markets. The company operates a sophisticated satellite fleet that delivers internet connectivity to aircraft, maritime vessels, and remote residential areas. Viasat is known for its ViaSat-3 global constellation and its integrated satellite-terrestrial network solutions that support mission-critical defense and enterprise applications.

You can sell covered calls on ViaSat, Inc. to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for VSAT (prices last updated Tue 4:16 PM ET):

Want to make money with covered calls?  Sign Up For A Free Trial

Viasat, Inc. (VSAT) is a premier provider of high-capacity satellite broadband and specialized networking services. Founded in 1986, the company has transformed from a niche defense contractor into a global connectivity powerhouse. Its business model centers on the "high-throughput satellite" (HTS) approach, which maximizes the bandwidth available from geostationary (GEO) orbits to serve data-intensive users in the aviation, government, and maritime sectors.

Core Business and Products

The company operates in three primary segments: Communication Services, Government Systems, and Commercial Networks. Communication Services provides in-flight Wi-Fi for thousands of commercial aircraft and residential internet for millions in the Americas and Europe. Government Systems focuses on secure tactical data links, encrypted communication terminals, and cybersecurity solutions for the U.S. and allied militaries. The acquisition of Inmarsat in 2023 significantly expanded Viasat mobile satellite services (MSS) and L-band capabilities, creating a truly global, multi-orbit network architecture.

Competitive Landscape

1. Arista Networks, Inc. competes in the broader networking technology space, providing high-speed cloud networking solutions that benchmark the performance standards expected by Viasat enterprise clients.
2. Lockheed Martin Corporation is a major competitor in the government and defense space, developing its own satellite constellations and secure communication payloads for military applications.
3. Globalstar, Inc. provides mobile satellite services and IoT connectivity, competing for market share in the asset tracking and emergency communication sectors.
4. Iridium Communications Inc. is a direct competitor in the mobile and government satellite markets, operating a Low Earth Orbit (LEO) constellation that offers global coverage for voice and data.
5. Motorola Solutions, Inc. competes in the secure public safety and government communication space, providing terrestrial networking solutions that often overlap with Viasat defense technologies.

Strategic Outlook and Innovation

The strategic focus for Viasat in 2026 is the successful commercial activation of its "ViaSat-3" global constellation. Following the service entry of Flight 2 in early 2026, the company is focusing on capturing the "high-value mobility" market, particularly in transoceanic aviation and maritime routes. Management is executing a capital-efficient growth plan, aiming to reduce capital expenditure by approximately $200 million in 2026 as the heavy launch cycle for ViaSat-3 nears completion. The bank is targeting a leverage ratio below 3.0x as it pivots toward positive free cash flow generation from its expanded global fleet.

Innovation at Viasat is currently driven by "multi-orbit" technology, which allows user terminals to seamlessly switch between GEO, MEO, and LEO satellite networks depending on the need for speed or latency. The company is also pioneering "Direct-to-Device" (D2D) satellite connectivity, allowing standard smartphones to connect to its network in areas without cellular coverage. Additionally, Viasat is integrating AI-driven machine learning into its radio frequency (RF) apparatuses to optimize beam steering and mitigate interference in crowded orbital environments. This blend of massive orbital capacity and intelligent ground technology is designed to defend its market share against emerging low-earth-orbit competitors.

Want more examples? VRTX Covered Calls | VSCO Covered Calls