Weixun Company's Satellite Project Progress and Financial Status Update

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Economic Observer reports that according to publicly available information, VSat Corporation has the following notable developments:

The company’s project advancement: The second ViaSat-3 satellite (F2) was launched in November 2025 and is expected to enter service in May 2026, which will increase network capacity by 1 terabit per second. Additionally, the third ViaSat-3 satellite (F3) is planned to be launched before the end of summer 2026 to further expand global coverage.

Financial status: According to earlier public information, company management has stated the goal of achieving sustained positive free cash flow by fiscal year 2027 (FY27). The company is also continuously evaluating its asset portfolio, including the potential spin-off of government and commercial businesses, but specific timelines and plans have not been clarified.

The above information is compiled from public sources and does not constitute investment advice.

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