Capacity ConstraintsThe stock has been under pressure in recent months due to competitive overhangs, including feared Starlink encroachment, along with VSAT’s own satellite capacity constraints.
CompetitionVSAT is facing accelerating competition from LEO players while it navigates its own capacity constraints.
Starlink Competitive PressureConcerns over Starlink encroachment remain elevated given traction in fixed-broadband, maritime, and recent airline deals.