On May 28, Viasat rose 5.28% in regular trading, reaching $85.985/share with trading volume of $102 million, extending a multi-session advance fueled by multiple positive catalysts.

On the news front, Viasat announced that its SwiftBroadband-Safety cockpit safety communication service has reached a key milestone of 1,000 aircraft installations. Launched in 2018, the certified global safety communications solution supports air traffic control communications, airline operations, and compliance management. The service is growing at an annual rate of 42%, with the company targeting expansion to over 1,200 aircraft by year-end. SB-S provides broadband IP connectivity to cockpits via satellite data links, supporting engine monitoring, real-time weather, telemedicine, and preventive maintenance functions.

Additionally, New Street Research recently initiated coverage on Viasat with a Buy rating, which has sustained bullish momentum across multiple trading sessions. The company is also scheduled to release its fourth quarter and fiscal year financial results on May 28, with earnings expectations further supporting the stock price.

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