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 (GILT) secured more than $8 million in additional U.S. Department of War orders through its subsidiary Gilat DataPath.
The orders cover field services and satellite communications system upgrades supporting deployed military communications systems. Deliveries are expected over the next 12 months. The work builds on Gilat DataPath’s ongoing support of deployed U.S. military systems. Gilat said the orders expand its defense presence across U.S. programs, combining maintenance of existing capabilities with network adaptations for new mission requirements.
Gilat Satellite Networks (GILT) secured over $10 million in additional orders for its SkyEdge IV platform from a satellite operator.
The systems are scheduled for delivery over the next 12 months. The orders cover Gilat's multi-orbit satellite networking platform. Gilat said the systems will support the continued growth of high-capacity satellite networks serving applications including in-flight connectivity, which provides connectivity aboard aircraft.
Gilat Satellite Networks (GILT) announced that its Peruvian subsidiary signed a $28 million agreement with Pronatel to upgrade broadband connectivity in Ica.
Pronatel is Peru’s national telecommunications program. Construction is expected to be completed by mid-year 2027, followed by a seven-year operational phase. The planned upgrade will deliver internet speeds 20 times faster than those currently available to 116 public institutions and provide free Wi-Fi in 30 public squares. Gilat expects the network to support digital services including education, healthcare and public safety.
Gilat Satellite Networks (GILT) announced that subsidiary Gilat DataPath received an order of over $32 million from the U.S. Department of War for multi-band DKET systems operating on Ku, Ka and X-band networks, with deliveries expected over the next 12 months.
The award marks an expansion of Gilat DataPath’s long-standing DKET activity and reinforces Gilat Defense’s role in large, mission-critical U.S. communications programs. The relocatable DKET platforms are designed for rapid transport and deployment to restore and sustain high-capacity communications in dynamic operational environments. The company said the order supports continued growth in strategic defense communications programs across U.S. and allied markets.
Gilat Satellite Networks (NASDAQ/TASE: GILT) has secured commitments from Israeli institutional investors for a private placement of $100 million senior unsecured convertible notes bearing 3.75% annual interest and maturing on September 1, 2031, with no financial maintenance covenants.
The notes are convertible into ordinary shares at $16.00 per share, a ~60% premium to the $9.94 Nasdaq price on August 28, 2026. Gilat may force conversion after September 1, 2027 if the share price is at least $20.00 for 10 consecutive trading days. The interest rate increases by 1.25% if the share price condition of $15.00 is not met by the 18‑month measurement date. Proceeds are intended mainly to accelerate investments in next‑generation satellite and space technologies and related strategic initiatives. The offering, made only in Israel under Regulation S, is expected to close on September 1, 2026.
Gilat Satellite Networks (NASDAQ: GILT) announced that its subsidiary Gilat Perú signed a $14 million agreement with the Regional Government of Ayacucho to execute a fiber‑optic broadband project under Peru’s Works for Taxes (OxI) program, with delivery expected within 18 months.
The project will deploy over 1,060 km of optical fiber and provide network management systems, LAN installations, end‑user equipment and training. It is expected to connect 273 public institutions, including 236 schools and 37 healthcare facilities, serving about 20,000 residents across 109 localities in southern Ayacucho.
Gilat (NASDAQ: GILT) announced a successful demonstration of a patent-pending, AI-based interference detection and cancellation technology for satellite communication links. The solution uses advanced AI signal processing on standard edge AI NPU hardware and reportedly achieved up to a 10x improvement in interference detection and cancellation versus conventional techniques.
According to Gilat, the tests showed challenging non-cooperative and non-static interference could be cancelled while keeping the signal of interest virtually unaffected, with only negligible quality degradation. The company plans to demonstrate the technology on dedicated AI accelerator hardware to enable low-power edge deployment in operational satellite terminals.
Gilat Satellite Networks (NASDAQ/TASE: GILT) reported second quarter 2026 revenues of $122.7 million, up 17% from $105.0 million in Q2 2025. GAAP operating income was $4.7 million versus $5.7 million, while non-GAAP operating income rose 35% to $12.6 million. GAAP net income was $8.1 million ($0.10 diluted EPS) compared with $9.8 million ($0.17 diluted), and non-GAAP net income increased to $15.6 million ($0.20 diluted EPS) from $12.0 million.
Adjusted EBITDA grew 31% to $15.4 million, with improved margins. For the first half of 2026, revenue reached $233.1 million versus $197.0 million and GAAP net income was $13.4 million versus $3.8 million. Gilat said its planned acquisition of Comtech’s Satellite & Space Communications segment is progressing toward an anticipated year-end close and would create a company with over $700 million in pro forma annual revenues. The company reiterated its 2026 financial guidance and highlighted multiple recent defense, commercial and in-flight connectivity contract wins.
Gilat Satellite Networks (NASDAQ: GILT) announced that its management will present at two investor events in August 2026: the in-person Canaccord Genuity 46th Annual Growth Conference in Boston on August 12, and the virtual Oppenheimer 29th Annual Technology, Internet & Communications Conference on August 13.
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.