Welcome to our dedicated page for Gilat Satellite news (Ticker: GILT), a resource for investors and traders seeking the latest updates and insights on Gilat Satellite stock.
Gilat Satellite Networks Ltd. develops satellite-based broadband communications technology for commercial and defense applications. Company news often centers on multi-orbit ground systems, high-throughput satellite networks, in-flight connectivity, cellular backhaul, enterprise connectivity, mobility, government communications and critical infrastructure.
Recurring developments include customer orders and partnerships for SkyEdge IV, Sidewinder ESA terminals, AeroStream Ka-band aviation products, EnduroStream solid-state power amplifiers, DKET transportable terminals and defense modems. News also covers Gilat Defense, Gilat DataPath, Gilat Wavestream and Gilat Stellar Blu, along with financial results, investor conference activity, software-defined satellite communications, cloud-enabled SATCOM architecture and 5G non-terrestrial network capabilities.
Gilat (NASDAQ:GILT) announced additional $43 million in orders from a major in-flight connectivity service provider for its Sidewinder electronically steered antenna (ESA) terminals.
Deliveries over the next 18 months in line-fit and retrofit configurations support growth in mobility and multi-orbit IFC architectures.
Gilat Satellite Networks (NASDAQ:GILT) received a multi-million dollar order from a European Ministry of Defense for custom SATCOM terminals, with delivery over the next 12 months.
The rugged, multi-orbit terminals are designed for resilient, mission-critical defense communications in harsh and unpredictable environments, reinforcing growing European defense demand.
Gilat (NASDAQ:GILT) agreed to acquire most of Comtech’s Satellite & Space Communications segment for $157.5 million in cash on a cash-free, debt-free basis. The deal is expected to be funded from existing cash; Gilat reported about $170 million net cash at Q1 2026.
The acquired business generated Adjusted Revenue of $195.2 million and Adjusted EBITDA of $16.8 million in the twelve months ended January 31, 2026. Gilat targets a combined organization with projected annual revenue above $700 million and projected annual adjusted EBITDA of $80 million, which would more than double Gilat Defense revenues.
The transaction, unanimously approved by both boards, is expected to close by the end of 2026, subject to approvals from CFIUS, the FTC, the DOJ under HSR, and other customary conditions.
Comtech (NASDAQ:CMTL) agreed to sell most of its Satellite and Space Communications segment to Gilat for $157.5 million, including $10 million paid at signing. Comtech will retain certain cyber assets and some receivables, and expects closing in Q4 2026, subject to regulatory approvals.
Net cash proceeds are estimated at $143–145 million, mainly earmarked to repay senior and subordinated debt. The company will refocus as Allerium, a public safety technology business, targeting higher recurring software and services revenue, with expected annual cost savings of $11–13 million after transition.
Gilat Satellite Networks (NASDAQ:GILT) announced that Gilat Defense will showcase an expanded portfolio for tactical unmanned platforms at Eurosatory 2026. The highlight is RaySat’s new Viper Ka-band electronically steered antenna (ESA), offering secure, low-latency, multi-orbit connectivity for mission-critical UAV, air, land, and maritime operations.
Gilat (NASDAQ:GILT) announced a key milestone with Boeing to offer Gilat’s multi-orbit Sidewinder electronically steered antenna as a future line-fit solution for in-flight connectivity (IFC) providers.
The compact ESA aims to simplify installation, cut retrofit costs and support an open, no lock-in connectivity model for airlines.
Gilat (NASDAQ:GILT) reported strong Q1 2026 results, with revenue up 20% to $110.5 million from $92 million in Q1 2025.
GAAP operating income reached $4.4 million versus a $2.7 million loss, while non-GAAP operating income rose to $12.5 million. Adjusted EBITDA doubled to $15.1 million and GAAP net income was $5.2 million, or $0.07 per diluted share. The company reiterated its 2026 guidance.
Gilat (NASDAQ: GILT) announced CFO Gil Benyamini will present at two investor conferences in May 2026: the 21st Annual Needham Technology, Media, & Consumer 1x1 Conference on May 14, 2026 (virtual; fireside chat and one-on-ones) and the 27th Annual Oppenheimer Israel Conference on May 18, 2026 (Tel Aviv; fireside chat and one-on-ones).
The appearances offer investor access to management commentary and one-on-one meetings during the specified dates and formats.
Gilat (NASDAQ: GILT) received a multimillion order from Nelco to supply its SkyEdge IV hub platform for a Ka-band service network in India using the GSAT-N2 Ka-band HTS capacity. Deliveries are expected over the next 12 months, supporting Aero IFC, cellular backhaul and enterprise connectivity in remote locations.
The agreement positions SkyEdge IV to enable scalable, high-performance HTS services with operational efficiency and service agility for diverse segments including mobility and aviation.
Gilat (NASDAQ: GILT) said Gilat Defense won an order of over $7 million via a prime contractor to supply EnduroStream solid‑state power amplifiers for the U.S. Department of War, with delivery expected over 24 months. The company describes EnduroStream as a high‑power, resilient SSPA designed to replace TWTAs in gateway and high‑power terminal defense applications.
The announcement frames the award as opening a new defense market category and cites improved reliability, operational resilience, and lifecycle advantages for mission‑critical SATCOM ground infrastructure.