Satellite Internet Stocks Surge by 760 Billion Won in One Day

On May 11, Viasat Inc. (NASDAQ: VSAT) closed at $73.87, up 5.52% from the previous day, on the Nasdaq.
The company’s market capitalization rose by about $586 million—approximately ₩760 billion—to reach roughly $10 billion (around ₩13 trillion).

On May 7, Viasat announced the appointments of Shekar Ayyar and Jinhy Yoon to its board of directors and disclosed a cooperation agreement with Carronade Capital Management, boosting expectations for improved corporate governance and enhanced shareholder value.

Last month, Viasat successfully launched its ViaSat-3 F3 satellite—part of its Asia-Pacific capacity expansion—and received initial signals, underscoring its medium- to long-term growth momentum.

Headquartered in Carlsbad, California, Viasat is a satellite communications company serving military and government clients, high-speed satellite broadband customers, and in-flight Wi-Fi users worldwide. Under the leadership of founder and CEO Mark Dankberg, Viasat is building a global multi-orbit network with its high-capacity, geostationary ViaSat-3 series, competing for space-based internet supremacy against the likes of SpaceX and Amazon.