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Gilat Receives Approximately $11 Million SkyEdge Platform Order from Leading Satellite Operator in Asia Pacific

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Gilat (NASDAQ: GILT) received an order of approximately $11 million for its SkyEdge platform from a leading satellite operator in the Asia Pacific region, announced Jan 20, 2026. The platform will be deployed to deliver services over Very High Throughput Satellites (VHTS) supporting multiple applications. Deliveries are expected over the next 12 months. Gilat highlighted SkyEdge's performance in high-capacity networks, flexibility for diverse service profiles, and scalability to support advanced mobility services and maximize VHTS asset value.

The order reinforces Gilat's positioning in ground systems for next-generation VHTS and signals continued operator demand for high-capacity, multi-application satellite networking solutions.

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Positive

  • Order value of approximately $11 million
  • Deliveries scheduled over the next 12 months
  • Solution targets VHTS networks and multiple commercial applications
  • Customer selected SkyEdge for scalability and high-capacity performance

Negative

  • Revenue recognition concentrated in a 12-month delivery window, creating execution timing risk

News Market Reaction

-1.06%
1 alert
-1.06% News Effect

On the day this news was published, GILT declined 1.06%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

SkyEdge contract value: approximately $11 million Delivery timeline: 12 months Current price: $17.86 +5 more
8 metrics
SkyEdge contract value approximately $11 million Asia Pacific satellite operator order; deliveries over next 12 months
Delivery timeline 12 months SkyEdge platform deliveries expected over next 12 months
Current price $17.86 Pre‑news trading level on 2026-01-20
52-week high $18.09 52-week range high before this announcement
52-week low $5.30 52-week range low before this announcement
Q3 2025 revenue $117.7M Quarterly revenue, up 58% year over year
FY2025 revenue guidance $445–$455M Raised full‑year 2025 outlook range
Private placement size 8,888,889 shares at US$11.25 Oversubscribed offering to Israeli institutional and accredited investors

Market Reality Check

Price: $17.71 Vol: Volume 1,037,887 vs 20-da...
normal vol
$17.71 Last Close
Volume Volume 1,037,887 vs 20-day average 728,572, with relative volume at 1.42x ahead of the contract news. normal
Technical Price at $17.86 is trading above the 200-day MA of $9.81, reflecting a pre-existing uptrend into this order.

Peers on Argus

GILT is up 1.08% while close peers show mixed moves (e.g., ADTN +1.43%, TSAT +4....
1 Down

GILT is up 1.08% while close peers show mixed moves (e.g., ADTN +1.43%, TSAT +4.68%, NTGR -1.54%, CLFD -2.93%). Momentum scanner only flagged AAOI moving down, supporting a stock-specific response.

Historical Context

5 past events · Latest: Jan 08 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 08 Conference participation Neutral +2.9% Management participation at Needham Growth conference and investor meetings.
Dec 16 Private placement Negative -4.6% Oversubscribed US$100M equity raise at a discount to VWAP.
Dec 02 Commercial contract win Positive +3.8% About <b>$10M</b> Earth Observation solution order with 12‑month delivery window.
Nov 20 LEO support orders Positive -3.1% Orders exceeding <b>$6M</b> for Wavestream SSPAs supporting LEO constellations.
Nov 12 Earnings release Positive +7.2% Q3 2025 revenue growth of <b>58%</b> and raised full‑year guidance.
Pattern Detected

Recent contract and earnings announcements mostly saw price moves aligned with the news, with one notable divergence on LEO orders.

Recent Company History

Over the last few months, Gilat has reported multiple commercial wins and strong fundamentals. A $42M SkyEdge IV order and other mobility-related deals highlighted demand for its ground segment. Q3 2025 results showed revenues of $117.7M, up 58% year over year, with raised full‑year guidance to $445–$455M. The company also executed sizeable private placements. Today’s ~$11M SkyEdge contract in Asia Pacific continues this pattern of multi‑million platform orders supporting next‑generation satellite networks.

Market Pulse Summary

This announcement detailed an approximately $11M SkyEdge platform order from a leading Asia Pacific ...
Analysis

This announcement detailed an approximately $11M SkyEdge platform order from a leading Asia Pacific satellite operator, with deliveries over the next 12 months. It adds to Gilat’s recent stream of multi‑million commercial wins and follows strong Q3 2025 results with revenue of $117.7M and raised full‑year guidance to $445–$455M. Investors may watch for execution on this and prior contracts, overall backlog growth, and how new wins translate into sustained margins and cash generation.

Key Terms

very high throughput satellites
1 terms
very high throughput satellites technical
"The platform will be deployed to deliver services over Very High Throughput Satellites (VHTS)"
Very high throughput satellites are communications satellites designed to deliver much larger amounts of internet and data traffic than traditional satellites by using multiple tightly focused beams and modern technologies. For investors, they matter because they can enable new revenue streams from faster, broader connectivity, lower per-user costs, and services in remote areas—similar to upgrading from a single-lane road to a multi-lane highway for data, which can boost customer growth and margins.

AI-generated analysis. Not financial advice.

SkyEdge to power services over Very High Throughput Satellites for multiple applications

PETAH TIKVA, Israel, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that its Commercial Division received a contract for approximately $11 million for its SkyEdge platform from a leading satellite operator in the Asia Pacific region. The platform will be deployed to deliver services over Very High Throughput Satellites (VHTS) supporting multiple applications. Deliveries are expected over the next 12 months.

The SkyEdge platform was selected for its proven performance in high-capacity networks, flexibility to support diverse service profiles, and ability to scale with evolving market demands. The deployment will enable the operator to efficiently deliver advanced mobility services while maximizing the value of its VHTS satellite assets.

“We are proud to support this customer’s VHTS strategy with a SkyEdge platform that is purpose-built for high capacity, multi-application satellite networks,” said Ron Levin, President, Gilat Commercial Division. “This deal reflects the strong confidence operators continue to place in Gilat’s technology and our ability to deliver reliable, future-ready solutions for complex satellite environments.”

The order underscores Gilat’s leadership to support the growing global demand for robust ground systems capable of supporting next-generation VHTS satellites and a wide range of commercial applications.

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 software-defined 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, cellular backhaul, enterprise, aerospace 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. 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

PublicRelations@gilat.com


FAQ

How large is the Gilat (GILT) SkyEdge order announced Jan 20, 2026?

Gilat reported an order of approximately $11 million for its SkyEdge platform.

What is the delivery timeline for the GILT SkyEdge order from the Asia Pacific operator?

Deliveries are expected to occur over the next 12 months following the Jan 20, 2026 announcement.

What will the SkyEdge platform be used for in the GILT contract?

The platform will deliver services over Very High Throughput Satellites (VHTS) supporting multiple commercial applications, including advanced mobility services.

Does the GILT order indicate demand for VHTS ground systems?

Yes; the order underscores operator demand for robust ground systems capable of supporting next-generation VHTS and multi-application networks.

Will the $11 million GILT order materially affect company revenue immediately?

The announcement states the $11 million contract with deliveries over 12 months, but it does not provide specific revenue recognition or guidance figures.
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