Inmarsat Maritime, a wholly owned subsidiary of Viasat, Inc. VSAT, recently announced that a major global container liner shipping enterprise, Hapag Lloyd, has trialed the Inmarsat NexusWave solution. NexusWave is a fully managed service that integrates several high-speed networks as a single network solution to deliver consistent connectivity with unparalleled worldwide coverage.

Powered by SD-WAN technology, the NexusWave facilitates intelligent traffic management and ensures mission-critical applications are continuously connected. Its advanced enterprise-grade security infrastructure encrypts all data traffic at the vessel level, delivering robust security for maritime operations. In addition, it effectively separates the business and crew communication channels and enhances crew connectivity on board.

The volume of global maritime trade is increasing steadily each year. As the shipping industry evolves toward digital advancements, there is a growing demand for advanced communications solutions onboard to facilitate the smooth functioning of business operations and crew welfare. In this context, the trial conducted by Hapag Lloyd has successfully validated the effectiveness of Inmarsat’s NexusWave in addressing these dynamic requirements.

The service brings an office-like and home-like experience on board. It empowers crew members with access to cloud-based solutions and IT services comparable to facilities available onshore. The provision of consistent connectivity not constrained by usage limits, quotas, or speed will streamline operations, drive cost savings and enhance collaboration between ships and shore-based operations of the shipping organization.

Will This Trial Benefit VSAT’s Stock Performance?

NexusWave’s successful trial with Hapag Lloyd underscores its credibility in delivering a secure, reliable and efficient communication system tailored for maritime applications. As the global maritime industry strives for operational efficiency and digital transformation, Inmarsat's innovative connectivity solution is expected to gain significant traction following this recent venture.

Moreover, in 2025, Viasat is expected to integrate the Viasat-3 network to further strengthen NexusWave’s service reliability. VSAT’s commitment to future-proof the NexusWave solution with continuous enhancements will improve its competitive edge in the industry and improve commercial prospects.

VSAT’s Stock Price Performance

Shares of VSAT have lost 45.6% over the past year against the industry’s 42.1% growth.

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