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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.
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.
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.
Gilat Satellite Networks Ltd. (Nasdaq: GILT) has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission, including audited financial statements for the year ending December 31, 2022. The report outlines the company's performance and is accessible on the Gilat website. Shareholders can request a free hard copy of the report. With over 30 years in satellite-based broadband communications, Gilat offers a comprehensive range of products, including cloud-based solutions and high-performance satellite terminals, focusing on applications like broadband access and military communications.
Gilat Satellite Networks Ltd. has successfully demonstrated a proof of concept (PoC) for converting analog signals to digital signals using the Digital Intermediate Frequency Interoperability (DIFI) 1.1 Standard. The event, showcased at Satellite 2023 in Washington, D.C., aims to enhance interoperability within the space industry’s digital transformation. This PoC highlights the digital modulator's ability to output a DVB-S2X conformant signal interoperable with a Block Upconverter (BUC) from Gilat's subsidiary, Wavestream. The DIFI standard holds promise for significant advancements in network performance and flexibility as the industry adapts to customer demands.
Gilat Satellite Networks Ltd. (Nasdaq: GILT) has announced the acquisition of DataPath, Inc., a leader in US Department of Defense communications. This acquisition aims to expand Gilat's presence in the Defense market, projecting an annual revenue increase of approximately $50 million. The transaction, approved by both companies' boards, is subject to regulatory approvals and is expected to close in Q3 2023. DataPath brings over 25 years of experience and specializes in mission-critical communications, enhancing Gilat's strategic position in the DoD sector. Both companies anticipate profitable growth together.
Gilat Satellite Networks has announced the launch of its new Wavestream Endurance 500W Ka-Wideband Block Upconverter, a solid-state power amplifier designed to disrupt the TWT amplifier market. This product features a fully redundant design for maximum power availability, covering both military and commercial Ka frequency bands. Currently being evaluated by the US DoD for a significant SATCOM program, Gilat anticipates follow-on orders worth millions of dollars. Wavestream has a strong track record of delivering high-performance satellite communications products, contributing to the company's robust market position.
Gilat Satellite Networks Ltd. (NASDAQ: GILT) announced its participation in the 35th Annual Roth Conference on March 6, 2023, at the Ritz Carlton in Laguna Niguel, California. Chief Financial Officer Gil Benyamini will hold one-on-one meetings with investors. Interested parties can schedule meetings by contacting Roth representatives or the investor relations team via email.
Gilat is recognized globally for its satellite-based broadband communications, offering advanced connectivity solutions for various applications, including military and enterprise sectors. For more details about Gilat's technology and services, visit www.gilat.com.
Gilat Satellite Networks Ltd. (Nasdaq: GILT) announced a partnership with Hispasat to utilize its SkyEdge IV platform for high-performance satellite services. This collaboration will enhance Hispasat's Amazonas Nexus satellite capabilities, which cover the Americas and the Atlantic. Hispasat aims to expand service coverage in Latin America in the second half of 2023, leveraging Gilat's cutting-edge technology. The SkyEdge IV platform provides adaptability and high throughput, aligning with Hispasat's strategic goals.