🟢 VSAT is trading 7% up on major aviation milestone and favorable EU spectrum news

VSAT is trading about 7% up at $87.10 in pre-market, driven by a key operational update and favorable regulatory news from Europe.

• The company announced it has equipped 1,000 aircraft with its SwiftBroadband-Safety (SB-S) cockpit communication service, citing a 42% average annual growth rate.
• Sentiment is also boosted by a proposed EU plan to reserve two-thirds of key mobile-satellite spectrum for European firms, which would limit competitors like Starlink and Amazon's Project Kuiper. Viasat is an incumbent holder of this spectrum.
• The rally comes ahead of the company's fiscal 2026 earnings report, scheduled for May 28.