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Gilat Satellite Networks (GILT) Stock News, Mar-Jul 2023

GILT Nasdaq

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

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.

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Gilat Satellite Networks (Nasdaq: GILT) has announced a significant partnership with Intelsat to enhance its In-Flight Connectivity (IFC) and Cellular Backhaul services. This collaboration will involve multimillion-dollar orders for Gilat's multi-service platforms and terminals, aimed at increasing capacity across North America, Latin America, Africa, and Europe. Gilat's technology is designed to support a growing demand for satellite-based services, enhancing user experience for passengers and mobile network operators. The partnership utilizes multiple satellites, including IS-40e and IS-46, to meet increasing bandwidth needs. Gilat expresses pride in this partnership, highlighting its capability to provide high-performance connectivity across various markets.

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Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) announced its first quarter 2023 financial results will be released on May 9, 2023. Following this release, CEO Adi Sfadia and CFO Gil Benyamini will hold a conference call to discuss the results and company developments.

The call is scheduled for 9:30 AM EDT / 4:30 PM IDT, with dial-in options available for US and international participants. A conference call will also be accessible via the Gilat website, where it will be archived for 30 days.

Gilat is a leader in satellite-based broadband communications, committed to providing connectivity solutions globally. The company boasts over 30 years of expertise in delivering advanced technology solutions for various applications.

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Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) announced the certification of its SkyEdge IV platform for O3b mPOWER, O3b, and SES-17 by SES, marking it as the industry's first GEO-MEO multi-orbit certified system. Following rigorous testing, SES confirmed that the platform meets the requirements for high reliability and performance, ideally serving enterprise customers and mobile networks. The SkyEdge IV platform enhances SES's ability to deliver low latency and high-availability services across various applications, including maritime operations. This certification underscores Gilat's commitment to advancing satellite networking technology.

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FAQ

What is the current stock price of Gilat Satellite Networks (GILT)?

The current stock price of Gilat Satellite Networks (GILT) is $9.89 as of September 14, 2026.

What is the market cap of Gilat Satellite Networks (GILT)?

The market cap of Gilat Satellite Networks (GILT) is approximately 761.8M.