(The Southern African Times) – Viasat, Inc.VSAT has launched its first Real-Time Earth (RTE facility in Africa.
With this new station, which is located in Accra, Ghana, Viasat’s RTE global network is currently active in five continents.
Viasat partnered with the Ghana Space Science and Technology Institute (“GSSTI” to bring new space opportunities and boost its ability to deliver earth observation and remote sensing data on-demand globally.
The GSSTI is a government institution under the Ghana Atomic Energy Commission that is focused on organizing all space, science, technology, and allied activities in Ghana.
Viasat RTE provides Ground-Station-as-a-Service capabilities for environmental, insurance, shipping, energy, and government operations. It is a fully-managed ground network that supports geosynchronous equatorial orbit, medium earth orbit, and low earth orbit satellites using the S-, X-, and Ka-bands.
Viasat’s shares have gained 63.7% in the past year compared with the industry’s growth of 20.5%.
In Ghana, Viasat’s RTE satellite ground station facility is located at the Ghana Radio Astronomy Observatory, Kuntunse. It includes a Viasat full-motion 7.3M S/X/Ka-band antenna and related infrastructure. The antenna is ready to provide global satellite operators the ability to perform Telemetry, Tracking, and Command capabilities.
The new facility is part of Viasat’s growth strategy for a global RTE ground service network, with operations already located in North America, South America, Australia, and Europe.
Viasat intends to bring economic growth to the region and enhance its capability to provide satellite operators access to antenna systems for high-speed RTE connectivity of payload data across a secure network.
The Carlsbad, CA-based company is benefiting from strong product sales and service revenue growth across all three segments — Satellite Services, Commercial Networks, and Government Systems.
VSAT currently carries a Zacks Rank #3 (Hold. You can see the complete list of today’s Zacks #1 Rank (Strong Buy stocks here.
Clearfield, Inc. CLFD is a better-ranked stock in the industry, sporting a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has been revised 8.8% upward over the past seven days.
Clearfield delivered a trailing four-quarter earnings surprise of 50.8%, on average. It has rallied 180.2% in the past year.
Qualcomm, Inc. QCOM is another solid pick for investors, carrying a Zacks Rank #2 (Buy. The consensus estimate for current-year earnings has been revised 13.7% upward over the past seven days.
Qualcomm delivered a trailing four-quarter earnings surprise of 11.2%, on average. It has gained 11% in the past year.
Harmonic, Inc. HLIT also flaunts a Zacks Rank #1. The consensus estimate for current-year earnings has been revised 23.1% upward over the past 30 days.
Harmonic delivered a trailing four-quarter earnings surprise of 61.1%, on average. The stock has appreciated 71.7% in the past year.
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