STOCK TITAN

Gilat Secures $27 Million for Gilat’s Stellar Blu Portfolio

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
crypto
Gilat Satellite Networks has secured $27 million in orders for its Stellar Blu ESA Terminal technology, with deliveries scheduled primarily over the next 12 months. The company's Stellar Blu Sidewinder ESA terminal, designed for commercial, business, and defense aviation markets, offers compact, high-performance, multi-orbit capabilities to meet increasing connectivity demands. The platform provides high-capacity communications with agility and scalability for next-generation aviation networks. Tracy Trent, President of Gilat Stellar Blu, emphasized that these orders represent significant progress in expanding their Sidewinder platform, noting strong market momentum and sustained investment across all aviation sectors.
Loading...
Loading translation...

Positive

  • Secured significant $27 million in new orders for ESA Terminal technology
  • Deliveries expected within next 12 months, indicating strong near-term revenue visibility
  • Growing market traction across multiple aviation sectors (commercial, business, defense)
  • Strong market momentum with sustained investment from all sectors

Negative

  • None.

News Market Reaction 1 Alert

+4.98% News Effect

On the day this news was published, GILT gained 4.98%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Orders and deliveries highlight continued interest in Stellar Blu Sidewinder ESA terminal for commercial, business and defense aviation markets

PETAH TIKVA, Israel, June 10, 2025 (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 secured $27 million for Gilat Stellar Blu’s ESA Terminal technology. Deliveries are expected primarily over the next 12 months.

Gilat Stellar Blu’s compact, high-performance, multi-orbit ESA terminal, technology, products and solutions are gaining traction across the aviation market as they are designed to meet the increasing connectivity demands of commercial, business and defense airborne platforms. The platform enables high-capacity communications with the agility and scalability required for next-generation aviation networks.

The market for airborne communications is seeing strong momentum, with sustained investment from all sectors. This trend supports continued demand for innovative, high-value connectivity solutions worldwide.

“These orders and deliveries represent an important step forward in the continued expansion of our Sidewinder platform,” said Tracy Trent, President of Gilat Stellar Blu. With Gilat Stellar Blu’s innovation and momentum, we’re enabling more and more agile, scalable, and mission-critical airborne communications solutions for commercial, business and defense sectors.”

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 Product and Marketing Officer
hagayk@gilat.com

Alliance Advisors:
GilatIR@allianceadvisors.com
Phone: +1 212 838 3777


FAQ

What is the value of Gilat's (GILT) new orders for Stellar Blu technology?

Gilat secured $27 million in orders for its Stellar Blu ESA Terminal technology.

When will Gilat (GILT) deliver the new Stellar Blu orders?

Deliveries are expected primarily over the next 12 months.

What markets does Gilat's Stellar Blu Sidewinder ESA terminal target?

The Sidewinder ESA terminal targets commercial, business, and defense aviation markets.

What are the key features of Gilat's Stellar Blu Sidewinder terminal?

It is a compact, high-performance, multi-orbit ESA terminal that enables high-capacity communications with agility and scalability for next-generation aviation networks.

Who is the President of Gilat Stellar Blu?

Tracy Trent is the President of Gilat Stellar Blu.
Gilat Satellite

NASDAQ:GILT

GILT Rankings

GILT Latest News

GILT Latest SEC Filings

GILT Stock Data

831.66M
64.26M
37.95%
1.98%
Communication Equipment
Technology
Link
Israel
Petah Tikva