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Viasat's stock rose 9% as satellite tech advances and defense contracts boosted investor confidence.
Viasat's stock rose over 9% in a week amid growing investor interest in satellite technology, fueled by a successful live demo in Mexico City showing direct-to-device texting between smartphones using its HMD Offgrid device.
The company also secured a U.S. Space Force contract to support a military satellite network, highlighting its expanding role in defense and broadband.
Stronger-than-expected revenue, improved guidance, and progress in remote connectivity solutions further boosted market confidence.
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Las acciones de Viasat subieron un 9% a medida que los avances en tecnología satelital y los contratos de defensa aumentaron la confianza de los inversores.