Gilat Awarded Over $60 Million for Stellar Blu ESA Sidewinder Terminals
Rhea-AI Summary
Gilat Satellite Networks (NASDAQ: GILT) has secured orders exceeding $60 million from a major satellite operator for its Stellar Blu ESA Sidewinder in-flight connectivity terminals. The orders encompass hundreds of Sidewinder ESA terminals, with deliveries scheduled within the next 12 months.
The agreement includes both retrofit installations and the first production run of Sidewinders for Boeing's OEM linefit terminal. According to Tracy Trent, President of Gilat Stellar Blu, the Sidewinder ESA technology is transforming airborne connectivity and creating opportunities in premium markets such as VVIP and special mission aircraft sectors.
Positive
- Secured significant orders worth over $60 million
- Expansion into high-value markets including VVIP and special mission aircraft
- Strategic partnership with Boeing for OEM linefit terminals
- Delivery timeline of just 12 months indicates strong operational capability
Negative
- None.
News Market Reaction
On the day this news was published, GILT gained 3.73%, reflecting a moderate positive market reaction. Argus tracked a peak move of +6.2% during that session. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $20M to the company's valuation, bringing the market cap to $546M at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Orders mark milestone for Gilat’s linefit ESA strategy, driving in-flight connectivity expansion
PETAH TIKVA, Israel, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that its Commercial Division has been awarded more than
These orders, for hundreds of additional Sidewinder ESA terminals, support new airline fleet awards in retrofit and the first production run of Sidewinders for the eventual OEM linefit terminal for Boeing.
“The Stellar Blu Sidewinder ESA is redefining airborne connectivity with the performance and flexibility today’s aviation customers demand,” said Tracy Trent, President, Gilat Stellar Blu. “This momentum is opening significant opportunities to expand into high-value markets like VVIP and special mission aircraft, delivering advanced solutions that meet the most demanding connectivity requirements.”
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Together with our wholly owned subsidiaries, Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.
Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.
Contact:
Gilat Satellite Networks
Hagay Katz, Chief Products and Marketing Officer
hagayk@gilat.com
Alliance Advisors:
GilatIR@allianceadvisors.com
Phone: +1 212 838 3777
FAQ
What is the value of Gilat's new order for Stellar Blu ESA Sidewinder terminals?
When will Gilat deliver the Sidewinder ESA terminals for this order?
What markets is Gilat's Stellar Blu Sidewinder ESA targeting?
Who will be using Gilat's Sidewinder terminals for OEM linefit?
What is the significance of this order for Gilat (NASDAQ: GILT)?
