Viasat And Safran Have Signed A Memorandum Of Understanding For Viasat's Inrange Rocket Telemetry System And Accelerate Its Use By Launch Providers And Spaceports
Portfolio Pulse from Benzinga Newsdesk
Viasat and Safran have signed a Memorandum of Understanding (MoU) to promote the use of Viasat's Inrange rocket telemetry system among launch providers and spaceports. The collaboration aims to accelerate the adoption of the Inrange system, which is designed to enhance communication and data transmission during rocket launches.

December 18, 2023 | 12:10 pm
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POSITIVE IMPACT
The MoU between Viasat and Safran could lead to increased adoption of Viasat's Inrange rocket telemetry system, potentially boosting the company's market presence in the aerospace sector and its future revenues.
The MoU with Safran is a strategic move for Viasat that could lead to broader use of its Inrange system, which would likely have a positive impact on the company's stock in the short term. Increased adoption by launch providers and spaceports would mean more contracts and revenue for Viasat, which investors would view favorably. However, the actual financial impact will depend on the follow-through of this agreement and the rate of adoption by the industry.
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