Viasat (VSAT) gained after attention returned to a key near-term cash catalyst: a $100 million lump-sum payment tied to the Ligado settlement that is due on March 31, 2026. The company has previously outlined that the Ligado-related package is expected to total about $568 million in fiscal 2026 when combined with earlier and ongoing payments, and it has framed these proceeds as a tool to address near-term maturities and extend its debt profile. (viasat.com)

The Ligado proceeds have been central to Viasat’s efforts to improve leverage and manage its balance sheet following the Inmarsat acquisition. In recent filings and updates, Viasat highlighted the earlier $420 million Ligado lump sum received in October 2025 and noted it used part of that cash to reduce term-loan principal, underscoring that incremental proceeds can translate directly into debt reduction and liquidity support. (stocktitan.net)

Traders will be looking for any company confirmation that the March 31 payment has been received and for updated commentary on how the cash will be allocated across maturities, refinancing actions, and satellite-network investment priorities. Investors are also tracking the remaining structure of the Ligado arrangement beyond March 31, including resumed quarterly payments that started in late 2025 and extend far out under the cooperation agreement. (stocktitan.net)