Carronade urges Viasat to spin off defense unit

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Carronade Shares Perspectives on Viasat

July 31, 2025 2:35 PM EDT

Carronade Supports Spin-Off or IPO of the Defense and Advanced Technologies Business

Potential 215% to 520% Upside in the Stock if Company Completes a Separation

Defense and Advanced Technologies is Worth $50/share Alone

DARIEN, Conn., July 31, 2025 (GLOBE NEWSWIRE) -- Carronade Capital Management, LP on behalf of its managed entities (Carronade Capital, our or we), have beneficial ownership of approximately 2.6% of the outstanding shares of Viasat, Inc., (NASDAQ: VSAT) (Viasat or the Company) today issued the following open letter outlining its perspective on Viasats ongoing strategic... More