VSAT, MOL Ink Deal to Upgrade Fleet Connectivity With NexusWave

Inmarsat Maritime, a subsidiary of Viasat, Inc. VSAT, recently announced that it has inked an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) to upgrade the Japanese shipping company's fleet from the current Fleet Xpress service to the next-generation NexusWave solution. This transition marks a strategic step in MOL’s effort to build a more resilient and high-performance communication system, capable of enhancing operational efficiency and crew connectivity across its global fleet.The upgrade to NexusWave brings a fully managed bonded connectivity service that integrates Inmarsat’s Global Xpress Ka-band, low-Earth orbit satellite services, coastal Long-Term Evolution networks, and an L-band layer for added resilience. This unified architecture ensures seamless, high-speed, and highly reliable Internet access anywhere in the world, effectively removing the dependency on multiple, fragmented communication solutions traditionally used in complex maritime operations. As maritime workforces become increasingly digitally connected, the need for fast and stable Internet is critical not only for operations but also for crew welfare. With NexusWave, MOL is focusing on equipping its vessels to serve as both operational command centers and living spaces for crew members. The system’s multi-layered approach supports this evolution by offering consistent speeds, unlimited data usage, and global coverage, all protected by enterprise-grade cybersecurity and backed by round-the-clock technical support.  The integration of multiple network underlays into a single bonded service will not only simplify connectivity but also eliminate the inefficiencies of managing multiple disjointed systems. This aligns closely with MOL’s vision of transforming its fleet into digitally connected, efficient, and crew-friendly floating workplaces and homes. Will VSAT Stock Benefit From This Collaboration?Inmarsat is a global leader in delivering innovative and reliable mobile communication services worldwide. The buyout of the company in 2023 has immensely strengthened Viasat’s portfolio, diversifying its service offerings and accelerating global expansion. One of the key features of NexusWave is its future-proof design. In recent real-world trials, it delivered download speeds of 330–340 Mbps and upload speeds of 70–80 Mbps, with average network availability exceeding 99.9%. NexusWave is also set to incorporate the next-generation ViaSat-3 Ka-band service, an ultra-high-capacity, high-speed network expected to launch in 2025. This integration will further enhance its capacity and speed, enabling it to keep pace with the evolving demands of maritime operators.  This collaboration with MOL highlights the increasing demand for more advanced, bonded connectivity systems. The service will not only offer unmatched speed and reliability but also simplify fleet management by providing a single, trusted service tailored specifically for maritime environments. These advancements bode well for Viasat’s long-term growth.VSAT Stock’s Price PerformanceShares of Viasat have plunged 31.9% over the past year against the industry’s growth of 41.1%.Image Source: Zacks Investment ResearchVSAT’s Zacks Rank and Stocks to ConsiderViasat currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader industry have been discussed below.Juniper Networks, Inc. JNPR sports a Zacks Rank of 1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.In the last reported quarter, it delivered an earnings surprise of 4.88%. Juniper is leveraging the 400-gig cycle to capture hyperscale switching opportunities within the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within its AI-driven enterprise portfolio, enabling customers to simplify the rollout of their campus wired and wireless networks while providing greater insight to network operators.InterDigital IDCC carries a Zacks Rank #2 (Buy) at present. In the trailing four quarters, InterDigital delivered an earnings surprise of 160.15%. The company is a pioneer in advanced mobile technologies that enable wireless communications and capabilities.InterDigital designs and develops a wide range of advanced technology solutions used in digital cellular, wireless 3G, 4G and IEEE 802-related products and networks.Arista Networks, Inc. ANET, carrying a Zacks Rank of 2 at present, supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers.Arista delivered a trailing four-quarter average earnings surprise of 11.82% and has a long-term growth expectation of 14.81%. Arista currently serves five verticals, namely cloud titans (customers that deploy more than one million servers), cloud specialty providers, service providers, financial services and the rest of the enterprise. Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR): Free Stock Analysis Report InterDigital, Inc. (IDCC): Free Stock Analysis Report Viasat Inc. (VSAT): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks