Viasat shares plunged sharply Thursday in the wake of the announcement.
The first ViaSat-3, launched last April, was expected to provide space-based internet access to customers in the western hemisphere starting this summer. Two more satellites covering Europe, Africa, Asia and the Pacific are expected to launch over the next two years.
Capable of handling up to 1 terabyte of data per second, the satellites are equipped with the largest dish antennas ever launched on a commercial spacecraft. Each satellite’s reflector is designed to deploy atop a long boom.
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