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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 Satellite Networks (NASDAQ/TASE: GILT) will release its second quarter 2026 financial results on Wednesday, August 5, 2026, followed by conference calls and webcasts in English and Hebrew. The English call starts at 09:30 AM EDT / 16:30 IST, with US and international dial-in options and online access via the Gilat website. A Hebrew webcast will take place on Thursday, August 6, 2026, at 10:00 AM IST. Webcasts will be archived for 30 days.
Gilat Satellite Networks (NASDAQ: GILT) announced it has received over $20 million in orders from a leading global satellite operator for its SkyEdge services and systems. The package covers ongoing services, advanced ground segment systems, and network management capabilities, with most deliveries expected within 24 months.
According to Gilat, these multi-orbit ground technology orders support applications such as mobility, enterprise broadband, cellular backhaul and other high-demand services, and reflect continued customer investment and confidence in the company’s solutions for increasingly complex, multi-orbit satellite networks.
Gilat (NASDAQ:GILT) announced that Gilat DataPath received $11 million in orders from the U.S. Department of War for field services and custom SATCOM terminals. Deliveries are expected over the next 12 months, strengthening Gilat Defense’s U.S. defense activity and role in mission-critical, multi-orbit battlefield connectivity.
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.