Viasat Broadens NexusWave Implementation Throughout EXMAR’s Gas Carrier Fleet
Viasat Expands NexusWave Connectivity for EXMAR’s Gas Carrier Fleet
Viasat, Inc., through its Inmarsat Maritime division, is rolling out the NexusWave connectivity platform across EXMAR’s growing fleet of gas carriers. This initiative is designed to address EXMAR’s increasing need for reliable operational and crew communications as its vessels traverse challenging international shipping routes.
EXMAR’s objective is to enhance communication between its ships and onshore teams, while also providing improved internet access for crew members at sea. Dependable connectivity is now essential in the maritime sector, facilitating better teamwork, quicker decision-making, and easier access to digital resources that streamline daily operations.
According to company leadership, EXMAR’s choice to implement NexusWave throughout its expanding fleet is a testament to the longstanding partnership and trust built over more than 20 years. This deployment marks the start of a new chapter in their collaboration, with both companies planning to introduce additional NexusWave features as EXMAR’s fleet and operational needs evolve.
Viasat Inc.: Price and Analyst Consensus
NexusWave is a comprehensive connectivity solution that merges several network technologies—including GX Ka-band, LEO, LTE, and L-band—into a unified service. By integrating these networks, NexusWave ensures a stable and continuous connection at sea. For EXMAR, this means greater business continuity, reduced risk of operational interruptions, and enhanced crew wellbeing through consistent digital access.
The service is already live on a portion of EXMAR’s vessels, where it has improved ship-to-shore communication and provided more dependable connectivity for critical business functions like video calls and real-time messaging. Crew members also benefit from complimentary, unlimited personal data during their downtime. Additionally, consolidating connectivity under one provider is expected to lower EXMAR’s overall fleet operating costs by approximately 20%.
Security and seamless integration were key factors in the rollout. NexusWave is engineered to work with EXMAR’s existing IT and cybersecurity systems, offering secure connectivity through features like end-to-end encryption and distributing data across multiple network layers to safeguard sensitive information.
Prior to full implementation, technical teams from both companies conducted thorough configuration tests in a shipboard lab setting. This validation was completed in just one day, allowing for a swift deployment of the solution across EXMAR’s operational vessels.
Viasat continues to see strong performance in its Communication Services division. The company is experiencing robust growth in information security and cyber defense. The recent launch of the ViaSat-3 F2 satellite is expected to increase network capacity in the Americas and deliver improved service to customers. Rising demand for in-flight Wi-Fi on commercial airlines also supports Viasat’s growth. Its high bandwidth productivity distinguishes it from traditional satellite providers. For fiscal 2026, Viasat anticipates modest revenue growth and stable adjusted EBITDA compared to the previous year.
VSAT Stock Performance
Viasat currently holds a Zacks Rank #3 (Hold). Over the past six months, its stock price has climbed 51.9%, outpacing the Wireless Equipment industry, which grew by 27.2% during the same period.
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Among technology companies, Thermon Group Holdings, Inc. (THR), Ubiquiti Inc. (UI), and Motorola Solutions, Inc. (MSI) currently have a Zacks Rank #2 (Buy). You can view the full list of today’s Zacks #1 Rank (Strong Buy) stocks.
- Thermon Group Holdings (THR): Surpassed Zacks Consensus earnings estimates in three of the last four quarters, with an average surprise of 18.5%. In the most recent quarter, THR exceeded expectations by 11.9%. Its stock has risen 65.3% over the past year.
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- Motorola Solutions (MSI): Beat consensus earnings in all four recent quarters, with an average surprise of 5.7%. MSI’s long-term earnings growth rate is 9.4%, and its shares are up 12.9% year-over-year.
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