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Gilat Satellite Networks - GILT STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gilat Satellite Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gilat Satellite Networks's position in the market.

News
Gilat Announces Filing of 2023 Annual Report
Rhea-AI Summary
Gilat Satellite Networks files Annual Report on Form 20-F with the SEC for the year ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.09%
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News
Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IV
Rhea-AI Summary
Gilat Satellite Networks announces Cloud and 5G NTN evolution strategy to support Satellite Operators and service providers, focusing on efficiency, adaptability, and strategic evolution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
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News
Safran Selects Gilat for Strategic, Multimillion-Dollar In-Flight Connectivity Program
Rhea-AI Summary
Gilat Satellite Networks Ltd. has been chosen by Safran Passenger Innovations for a strategic in-flight connectivity program, leading to the development of new Ku band Power Supply Unit (KPSU) products. These products will support Safran's Ku-band electronically steerable antenna (ESA) and aim to meet the increasing demand for in-flight connectivity solutions in the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
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none
News
Gilat Presents Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Gilat Satellite Networks Ltd. reports strong financial results for Q4 2023 and full year 2023 with revenue of $75.6 million and $266.1 million respectively. The company's GAAP operating income and Adjusted EBITDA show significant growth, indicating a positive outlook for the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.21%
Tags
earnings
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Gilat Awarded $10 Million Follow-On Order from the US Department of Defense
Rhea-AI Summary
Gilat Satellite Networks Ltd. announced a $10 million follow-on order from the US Department of Defense for DKET 3421 terminals, transportable satcom hubs that provide operational flexibility, capacity, and connectivity. The field-proven terminal supports multi-carrier operations and can be deployed in less than three hours. The order reflects the company's dedication to meeting and exceeding customer expectations in government and military operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
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News
Gilat to Report Fourth Quarter and Full Year 2023 Results on February 26th
Rhea-AI Summary
Gilat Satellite Networks Ltd. will release its fourth quarter and full year 2023 financial results on Monday, February 26, 2024. The conference call and webcast will feature discussions by the CEO and CFO about the results and business achievements, followed by a Q&A session. The webcast will be available on the Gilat website and will be archived for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
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conferences earnings
News
Gilat Awarded Multimillion-Dollar Defense Satellite Connectivity Project
Rhea-AI Summary
Gilat Satellite Networks Ltd. was awarded a multimillion-dollar defense satellite connectivity project, utilizing its SkyEdge IV platform and Taurus-M modems to enhance advanced satellite communications for a leading governmental defense organization. The SkyEdge IV platform supports multi-orbit satellite constellations and cloud infrastructure, while the Taurus-M modem is designed for military and government markets, offering high-speed satellite communications for stationary and on-the-move operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
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News
Gilat Awarded $17 Million by Pronatel for Expansion of Regional Telecommunications Project in Peru
Rhea-AI Summary
Gilat Satellite Networks Ltd. announced a $17 million contract with Pronatel for the expansion of a regional telecommunications project in Peru, connecting 35 new localities and dozens of public institutions in the Amazonas region. The project includes free Wi-Fi hotspots, a community tele-center, and digital access centers for a 10-year period. The expansion aims to promote telehealth, tele-education, and digital literacy among citizens in rural areas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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none
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News
Gilat Announces New Brand Identity Embracing the Company’s Commitment to the New Space Revolution
Rhea-AI Summary
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) announced the launch of a new brand identity reflecting the company’s commitment to the new space revolution and the right of all people to be connected. The new brand identity, with a newly-designed logo, encapsulates the exciting changes in the space industry, demonstrating strong growth and profitability over the past year. 2023 included important wins with satellite operators and global customers, the launch of new products, major in-flight connectivity expansions, expanded leadership in satellite-based cellular backhaul, a strategic defense acquisition, and additional growth in other areas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.68%
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none
News
Gilat Awarded Approximately $3M for a Satellite Connectivity Project for a National Police Force
Rhea-AI Summary
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) has been awarded approximately three million dollars by a national police force for a multi-year project. The company's solution, based on the SkyEdge platform and a suite of services, was chosen for its ability to meet stringent security requirements and solve communication issues. Gilat will deploy a comprehensive solution to deliver reliable and secure connectivity to operators, with potential for further growth in public safety, military, and government sectors worldwide.
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Rhea-AI Sentiment
End-of-Day
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Stock GILT logo
Gilat Satellite Networks

Nasdaq:GILT

GILT Rankings

#3437 Ranked by Market Cap
#2605 Ranked by Stock Gains
N/A Ranked by Dividends

GILT Stock Data

319.30M
56.00M
51.38%
0.05%
Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
Manufacturing
Link
Israel
Kiryat Arye

About GILT

gilat satellite networks ltd. (nasdaq: gilt, tase: gilt) is a leading global provider of satellite-based broadband communications. with 30 years of experience, we design and manufacture cutting-edge ground segment equipment, and provide comprehensive solutions and end-to-end services, powered by our innovative technology. delivering high value competitive solutions, our portfolio comprises of a cloud based vsat network platform, high-speed modems, high performance on-the-move antennas and high efficiency, high power solid state amplifiers (sspa) and block upconverters (buc). gilat’s comprehensive solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety, all while meeting the most stringent service level requirements. for more information, please visit: www.gilat.com