RigNet

What RigNet does

RigNet, now operating as Viasat energy services following its 2021 acquisition by Viasat, Inc., is a managed communications provider specializing in connecting, securing, and capturing actionable intelligence from remote industrial operations. Founded in 2001 and headquartered in Houston, Texas, the company serves upstream, midstream, and downstream oil and gas operators, maritime fleets, and government agencies across more than 12 countries. Its core technology stack spans multi-band satellite communications (VSAT in L, C, Ka, and Ku bands), 4G/5G LTE (including 60,000 square miles of overwater coverage in the Gulf of Mexico through a T-Mobile partnership), BGAN, and terrestrial networks, all monitored through a 24/7 Network Operations Center.

The product portfolio is anchored by three technology pillars: Intelie Live, a proprietary machine learning and real-time analytics platform built on the Intelie Pipes query language that processes hundreds of thousands of industrial events per second; CyphreLink and CyphreLock, military-grade managed encryption and data protection services; and an IIoT applications suite including OneView360, AVI LIVE video monitoring, Video Motion Analytics for HSE compliance, and a CrewConnect welfare suite. Supporting products include specialized hardware (MCD-4800, SASB, EML-4200), Systems Integration and Automation services, and a BGAN M2M offering. A named enterprise deployment at Petrobras for Decision Support Centers illustrates production-scale adoption of the analytics platform.

Revenue is generated primarily through recurring managed service subscriptions covering communications, cybersecurity, IIoT, and analytics, supplemented by professional services revenue from systems integration projects. Pricing is not publicly disclosed and is delivered through consultation-based enterprise field sales supported by regional offices worldwide. The company is a wholly-owned subsidiary of Viasat, Inc., and is no longer publicly traded after its 2021 delisting from Nasdaq.

Name

RigNet

Legal name

RigNet, Inc.

Website

https://rig.net

Company type

Private

Founded year

2001

Operating status

Acquired

Headcount range

501–1,000 employees

Short description

RigNet (now Viasat energy services) is a managed communications provider that connects, secures, and analyzes remote oil and gas, maritime, and government operations globally through VSAT, LTE, and satellite networks, supported by the proprietary Intelie Live AI analytics platform and Cyphre military-grade encryption.

Ownership category

akta.pro rank

Product category

Managed Communications Services

NAICS

Satellite Telecommunications (5174), Computer Systems Design and Related Services (54151)

SIC

Computer Communications Equipment (3576)

akta.pro primary industry

Enterprise Satellite Connectivity & Managed Services (VSAT, SD-WAN over Satcom) (HDAIAJAB)

akta.pro secondary industry

Mission-Critical & Public Safety Private Networks (MCX/LMR Interop) (HDAIAGAH)

Keywords

• Managed communications services
• Satellite communications
• Industrial cybersecurity
• Remote site networking
• IIoT connectivity

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices20 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Managed Communications Services: Recurring subscription-based managed communications services providing voice and data networks for remote operations with satellite backhaul, cellular, and fiber connectivity
2. Cybersecurity and Encryption Services: Managed security services including CyphreLink and CyphreLock encryption offerings with real-time threat detection and monitoring
3. IIoT and Applications: Industrial Internet of Things connectivity solutions, monitoring applications, and end-to-end sensor-to-server services
4. Machine Learning Analytics: Intelie Live platform providing real-time analytics and predictive intelligence from operational data
5. Systems Integration: Custom telecommunication and security solutions engineering, assembly, and deployment services for capital construction projects
6. Over-The-Top (OTT) Applications: Bandwidth-optimized crew welfare applications including CrewConnect, CrewFlix, CrewHotspot, and CrewWiFi

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

RigNet (now Viasat energy services) provides managed communications, cybersecurity, and Industrial IoT (IIoT) connectivity solutions for remote and distributed operations in the oil and gas, maritime, and government sectors. The company delivers fully-managed voice and data networks via VSAT, L-Band, and cellular (4G/5G LTE) infrastructure, military-grade encryption services, machine learning analytics through the Intelie Live platform, and crew welfare applications, all backed by 24/7 Network Operations Center support.

Product overview

RigNet, now Viasat energy services, is a comprehensive digital transformation platform offering a portfolio of integrated products and services. The core offerings include: Intelie Live (machine learning analytics platform), Managed Communications (VSAT, LTE, cellular networks), and Cybersecurity/Encryption services (CyphreLink, CyphreLock, Enhanced Cyber Services). The portfolio includes crew welfare solutions (CrewConnect Suite, CrewFlix, CrewHotspot, CrewWiFi), IIoT solutions (IIoT Enablement, IIoT Services Suite, OneView360), and specialized hardware (BGAN M2M, MCD-4800, EML-4200, SASB). Market-specific solutions cover Upstream, Midstream, and Downstream oil and gas, as well as Maritime and Government sectors. All offerings are unified by the company's focus on connecting, securing, and capturing actionable intelligence from distributed remote assets.

Differentiator

Problem solved

Functional benefit

Brands

• IIoT Services Suite: Suite of Over-The-Top (OTT) products and solutions focused on improving safety, minimizing risk, increasing efficiency and productivity, and providing for crew welfare.
• Intelie Live
• Cyphre
• CrewConnect Suite
• CompleteConnect
• CyphreLock
• Intelie Fleet Mining

Products and services

• Intelie Live Stream analytics platform that collects data from any source, processes it in real-time (filter, aggregate, correlate, enrich), and transforms it into actionable information for operational intelligence. Designed for large-scale oil and gas deployments using WITS/WITSML protocols.
• Managed Communications Fully-managed voice and data networks with satellite backhaul (L, C, Ka, Ku bands), fiber, microwave and cellular with 24/7 live monitoring and technical support via global network operations team.
• CyphreLink Military-grade fully managed encryption solution that reduces man-in-the-middle attacks and unauthorized eavesdropping, providing global 360-degree data protection for network and data security at remote locations.
• CyphreLock Fully-managed service providing security protection for sensitive and proprietary information stored in public/private clouds, dedicated storage, or hybrid environments.
• Enhanced Cyber Services (ECS) Integrated cyber offering providing real-time threat detection, network visualization, and advanced investigative capabilities for energy companies.
• CrewConnect Welfare Suite Crew connectivity and welfare solution designed to improve crew morale in remote locations, enhancing operational efficiency through reduced employee turnover and increased productivity.
• CrewFlix Over-the-top entertainment service delivering popular movies and primetime TV shows to PCs, Macs, iOS, and Android devices for crew welfare at remote locations.
• CrewHotspot Self-service, on-demand internet connection dedicated to contractors and crew, managed 24/7 by RigNet technical support engineers.
• CrewWiFi Reliable, secure, controlled high-speed internet connection for crews at remote locations, fully managed by RigNet technical support center 24/7.
• CompleteConnect (LTE) Intelligent, durable LTE solution for remote operations providing reliable and extensive wireless networks to reduce implementation time and costs with increased flexibility and scalability.
• 4G/5G LTE Gulf of Mexico LTE wireless service covering more than 60,000 square miles in the Gulf of Mexico, the largest overwater network in the region, provided through T-Mobile partnership.
• BGAN M2M Reliable global two-way IP data service designed for long-term machine-to-machine management of fixed assets.
• Remote/VSAT Communications Services World's leading provider of secure communications networking solutions for remote exploration and drilling sites, delivering reliable, cost-effective service and OTT applications.
• AVI LIVE Complete content management system with trigger-based workflows for real-time video monitoring, reducing requirements for eyes-on-glass monitoring with enterprise flexibility to control, stream, and record video.
• Video Motion Analytics Proactive intelligent monitoring system that detects conduct and conditions threatening or violating predetermined HSE standards through video analysis.
• MCD-4800 'The Football' Auto-pointing BGAN satellite terminal that requires no user training or certification to operate.
• Self Acquiring Satellite Box (SASB) Phone and internet connectivity device for remote locations with integrated push-button technology, requiring no technician installation.
• EML-4200 IP-based portable data terminal with selectable Quality of Service (QoS) levels.
• Backup Communications Collection of back-up communication products and services for companies responding to or affected by natural and man-made disasters.
• IIoT Services Suite Suite of Over-The-Top products and solutions focused on improving safety, minimizing risk, increasing efficiency and productivity, and providing crew welfare.
• OneView360 Secure web-based 360-degree data turn-key integrated platform designed to monitor and manage multiple systems under one common user interface.
• Systems Integration and Automation Best-in-class vendor agnostic manufacturing deployment of communications systems during capital construction projects for global connectivity and systems integration.
• Safcon Fire and Gas Automation Conventional and addressable fire protection systems design for hazardous and non-hazardous areas.
• IIoT Enablement Industrial Internet of Things service applications and devices ensuring quality performance for all environmental, infrastructure, and data needs across the globe.
• Upstream Solutions Secure communication networking solutions for remote exploration and production with over 1,200 onshore and offshore sites connected to private secure network.
• Midstream Solutions Solutions helping midstream energy companies maximize efficiency, optimize cost, and safeguard remote locations through leading-edge technology.
• Downstream Solutions Diverse portfolio of solutions designed, engineered and built based on specifications and requirements to meet international industry standards and best practices.
• Maritime Solutions Ultra-secure, cost-effective networks and software applications to help increase total fleet returns, improve vessel performance, and safeguard crew.
• Government Solutions Industry-leading security across remote assets and networks with military-grade CyphreLink encryption technologies for government agencies.

Quantifiable outcome

• Largest overwater LTE network in Gulf of Mexico - 60,000 square miles coverage
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature6 records

Partnerships

One partnership is on record.

• T-MobilecoreTechnology or IntegrationStrategic partnership with T-Mobile to expand LTE wireless service to more than 60,000 square miles in the Gulf of Mexico, offering greater communications networks for the offshore oil and gas sector. This partnership enables RigNet to provide enhanced cellular connectivity as part of its multi-network coverage solution.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Marlink: Direct peer providing VSAT and hybrid connectivity solutions to maritime and offshore energy segments, overlapping significantly with RigNet's managed communications and crew welfare offerings.
• Speedcast: Direct competitor offering managed satellite communications and IT services to energy, maritime, and government customers with similar multi-band VSAT, LTE, and IIoT capabilities.
• Tampnet: Specialized offshore 4G/5G LTE network operator serving North Sea and Gulf of Mexico oil and gas operators, directly competing with RigNet's CompleteConnect LTE offering.

Broad incumbents

• Intelsat: Large global satellite operator providing capacity and managed services to enterprise and government customers, including energy sector verticals where RigNet competes for managed service contracts.
• SES: Global satellite operator offering O3b MEO and GEO capacity with managed enterprise services, addressing similar energy, maritime and government verticals as RigNet.
• Iridium Communications: Provider of L-band satellite connectivity for remote industrial, maritime, and government use cases, comparable to RigNet's L-band service offerings like BGAN M2M.
• Hughes Network Systems: Major VSAT equipment and managed network operator serving enterprise and government markets with overlapping managed connectivity offerings for remote sites.

Others

• Schlumberger / SLB: Major oilfield services company whose digital division (formerly Schlumberger) provides IIoT and analytics for upstream operators, an adjacent market to RigNet's IIoT and Intelie Live offerings.
• Kongsberg Maritime: Supplies shipboard digital infrastructure, automation and satellite communications for maritime and offshore energy clients, an adjacent ecosystem participant to RigNet's maritime solutions.

Emerging players

• Starlink Maritime (SpaceX): LEO broadband constellation offering lower-latency maritime connectivity at disruptive price points, emerging as a competitive threat to traditional VSAT-heavy operators like RigNet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rignet
• Xx.com/RigNet
• Facebookfacebook.com/RigNet

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds4 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RigNet