Matthew Cavanagh's questions to Viasat Inc (VSAT) leadership • Q4 2025
Question
Matthew Cavanagh, on behalf of Ryan Koontz at Needham & Company, asked for color on the underlying growth drivers for the information security and space and mission systems businesses.
Answer
Chairman and CEO Mark Dankberg detailed the growth drivers for these segments. For encryption, growth is fueled by the critical need for quantum-resistant technology and a major refresh cycle for mission-critical equipment. For space and mission systems, drivers include technology insertions for NASA programs, standardization of inter-satellite links, and participation in unique national security and international programs like the European Space Agency's Moonlight lunar relay project.