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Gilat Satellite Networks - GILT STOCK NEWS

Welcome to our dedicated news page for Gilat Satellite Networks (Ticker: GILT), a resource for investors and traders seeking the latest updates and insights on Gilat Satellite Networks.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gilat Satellite Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gilat Satellite Networks's position in the market.

Rhea-AI Summary
Gilat Satellite Networks will report its first quarter 2024 financial results on May 8th. The conference call and webcast will feature Adi Sfadia, CEO, and Gil Benyamini, CFO, discussing the results and business achievements.
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Gilat Satellite Networks secures a $5 million contract to provide services to a leading LATAM service provider, expanding 4G coverage to remote regions lacking cellular service. The company's reliable solutions and local presence drive customer selection, showcasing technological excellence in challenging environments.
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-3.19%
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Gilat Satellite Networks secures a multimillion-dollar contract to develop a next-generation SOTM/SOTP modem for military applications, aiming to revolutionize mission flexibility and satellite communications for warfighters.
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0.17%
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Gilat Satellite Networks secures a multimillion-dollar order from a leading IFC Service Provider for Taurus Aero modems, expanding its In-Flight Connectivity footprint into Business Aviation and Government markets. Taurus offers ultra-high-performance connectivity solutions for air travelers globally.
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-2.46%
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Gilat Satellite Networks secures over $3 million for a public WiFi solution in Latin America to bridge the digital divide. The project aims to extend internet access to rural areas lacking terrestrial infrastructure, showcasing the company's commitment to social inclusion and digital empowerment.
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2.33%
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Gilat Satellite Networks secures a $5 million contract from the US Department of Defense to provide baseband equipment to its subsidiary, DataPath, for satellite communication architecture. The baseband networking solution will enhance operational flexibility and connectivity for transportable satcom hubs, ensuring success globally.
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End-of-Day
5.07%
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Gilat Satellite Networks subsidiary, DataPath, Inc., secures a $12 million contract from the United States Army for Wavestream's Solid State Amplifiers for Satellite Transportable Terminals. The contract aims to ensure reliable satellite connectivity for warfighters in harsh environments globally.
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4.57%
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Gilat Satellite Networks secures over $13M in orders from satellite operators to enhance global SATCOM networks with SkyEdge IV technology, showcasing the company's leadership in satellite networking solutions.
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0.74%
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Gilat Satellite Networks secures a $5 million order from the US Department of Defense for DKET 3421 terminals, enhancing its position as a leader in satellite networking technology. The terminals offer operational flexibility, capacity, and connectivity for mission-critical communications, supporting multi-carrier operations with scalable architecture. The order highlights the company's ability to deliver reliable solutions meeting stringent requirements.
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Rhea-AI Sentiment
End-of-Day
2.74%
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Rhea-AI Summary
Gilat Satellite Networks will be presenting at the 14th Annual LD Micro Invitational on April 9, 2024. Mr. Gil Benyamini, CFO, will present to investors at 8:00 am ET. The event will include 80 companies presenting and private one-on-one meetings. Interested parties can register to watch the presentation virtually.
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Rhea-AI Sentiment
End-of-Day
-2.76%
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Gilat Satellite Networks

Nasdaq:GILT

GILT Rankings

GILT Stock Data

319.30M
56.00M
51.38%
0.05%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
Israel
Kiryat Arye

About GILT

gilat satellite networks ltd. (nasdaq: gilt, tase: gilt) is a leading global provider of satellite-based broadband communications. with 30 years of experience, we design and manufacture cutting-edge ground segment equipment, and provide comprehensive solutions and end-to-end services, powered by our innovative technology. delivering high value competitive solutions, our portfolio comprises of a cloud based vsat network platform, high-speed modems, high performance on-the-move antennas and high efficiency, high power solid state amplifiers (sspa) and block upconverters (buc). gilat’s comprehensive solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety, all while meeting the most stringent service level requirements. for more information, please visit: www.gilat.com