Subsequent Events

9 Months Ended

Dec. 31, 2025

Subsequent Events [Abstract]

Subsequent Events

Note 11 — Subsequent Events

Subsequent to fiscal quarter end, on January 21, 2026, the Company and ViaSat Technologies Limited, entered into a $188.7 million direct loan facility with Ex-Im Bank (the Ex-Im Facility), $175.8 million of which can be used to finance up to 85% of the costs of launch and insurance of the ViaSat-3 F1 satellite and related goods and services, with the remainder used to finance the total exposure fees incurred under the Ex-Im Credit Facility of up to $12.9 million. Borrowings under the Ex-Im Credit Facility will bear interest at a fixed rate equal to Ex-Im Bank’s published Commercial Interest Reference Rate as in effect five business days prior to the first disbursement of funds under the Ex-Im Credit Facility, payable in arrears. Borrowings under the Ex-Im Credit Facility are required to be repaid in 16 approximately equal semi-annual installments, commencing on May 25, 2026, with a final maturity date of November 25, 2033.