United States, June 13 -- Viasat, Inc., a global leader in satellite communications, announced that its subsidiary Inmarsat Global Ltd. ("Inmarsat") has agreed to a binding term sheet with Ligado Networks ("Ligado") and AST & Science, LLC ("AST") to settle Inmarsat's opposition to Ligado's planned restructuring. Under the conditions set forth in the term sheet, Viasat anticipates receiving $568 million from Ligado in fiscal year 2026, which will primarily be used to manage near term maturities and address its extended maturity profile.Under the conditions of the term sheet, and subject to Bankruptcy Court approval, Inmarsat, Ligado and AST agreed to the following:Starting on September 30, 2025, Ligado will resume making quarterly payments o...