Carlsbadistan’s satellite products company ViaSat Inc. has just signed a $50 million deal to “intall land-based ‘gateways’ to connect European broadband subscribers to the Internet via satellite.”
The contract was awarded by Skylogic, a subsidiary of Eutelsat Communications of Paris. ViaSat will install 10 broadband gateways in Europe linked to the KA-SAT satellite, which is scheduled to launch in the third quarter of 2010.. . . “This is the first network infrastructure award resulting from our transformational broadband initiative and leverages ground system economies of scale because it can be used for both high-capacity satellites — KA-SAT and ViaSat-1,” said Mark Dankberg, chairman and chief executive officer of ViaSat.
Yeah, what Mark said. We’re hoping someone got a nice fat bonus for this one.
[Link: San Diego Business Journal]
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