Gilat Satellite (GILT) Stock News

Gilat Satellite Networks (NASDAQ: GILT) has secured over $22 million in new orders from leading satellite operators worldwide. The orders, set for delivery over the next 12 months, showcase Gilat's expanding role in enabling advanced connectivity across GEO, MEO, and LEO constellations.

The company is experiencing particular momentum in the In-Flight Connectivity (IFC) market, with its comprehensive offerings spanning ground segment infrastructure, system management, and specialized solutions for mobility and broadband services. The orders reflect growing operator confidence in Gilat's field-proven products designed for next-generation satellite networks.

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.

Gilat Satellite Networks has secured a significant $40 million contract for its virtualized SkyEdge IV platform, with delivery expected over 24 months. The platform features cloud-native architecture and 5G-NTN (Non-Terrestrial Network) readiness, representing a major advancement in satellite ground network technology. The SkyEdge IV platform is designed to be deployed on standard cloud-based infrastructure, offering multi-service capabilities and utilizing the DIFI digital interface open standard. This development enables satellite operators and service providers to accelerate the deployment of multi-orbit next-generation services with enhanced adaptability, scalability, and efficiency. The platform's evolution towards 5G NTN aims to provide standard ubiquitous connectivity across terrestrial and non-terrestrial networks while creating new revenue opportunities.

Gilat Satellite Networks (NASDAQ: GILT) has secured orders exceeding $25 million from leading global satellite operators for its multi-orbit satellite solutions. The orders, scheduled for delivery throughout 2025 and 2026, showcase growing demand for Gilat's In-Flight Connectivity (IFC) solutions and satellite-based connectivity services.

The orders encompass Gilat's product portfolio for GEO, MEO, and LEO constellations, including ground segment infrastructure, network management systems, and value-added services. The company's technologies are specifically designed to meet rigorous requirements of mobility-driven services, particularly in the IFC market where performance, efficiency, and reliability are crucial.

Gilat Satellite Networks (NASDAQ: GILT) reported its Q1 2025 results with revenues of $92 million, marking a 21% increase year-over-year. Despite revenue growth, the company posted a GAAP operating loss of $2.7 million, primarily due to a $3.6 million loss from Gilat Stellar Blu's ramp-up process and acquisition-related costs. The company maintained its 2025 guidance, projecting revenues between $415-455 million (42% YoY growth at midpoint) and Adjusted EBITDA of $47-53 million (18% YoY growth at midpoint). Gilat's Defense segment showed strong momentum, while its IFC business expanded with Sidewinder ESA now operating on over 150 aircraft. The company secured multiple defense contracts totaling over $64 million, positioning itself for record revenue and non-GAAP profitability in 2025.

Gilat Satellite Networks (NASDAQ: GILT) has successfully completed test flights of its new ESR-2030Ku electronically steered antenna (ESA) on the OneWeb Low Earth Orbit network. The tests, conducted with Gogo as the exclusive distributor for business aviation and defense markets, demonstrated impressive performance with throughput of 195 Mbps downlink and 32 Mbps uplink.

The ESR-2030Ku antenna, designed for mobility and efficiency, expands Gilat's ESA portfolio alongside the Stellar Blu Sidewinder. This compact, low-power full-duplex aero ESA is specifically built for the OneWeb network, with production hardware delivery expected later in 2025. The successful testing positions Gilat to target the growing multi-billion-dollar market for LEO-based ESA solutions in Defense and In-Flight Connectivity sectors.

Gilat Satellite Networks (NASDAQ, TASE: GILT), a global leader in satellite networking technology, solutions, and services, has announced its participation in the 20th Annual Needham Technology, Media & Consumer Conference. The event will take place at the Intercontinental New York Times Square Hotel in New York City on May 13th, 2025.

CEO Adi Sfadia and CFO Gil Benyamini will be available for one-on-one meetings with investors during the conference. Interested investors can schedule meetings through a Needham representative or by contacting Gilat's investor relations team at GilatIR@allianceadvisors.com.

Gilat Satellite Networks (NASDAQ: GILT) has scheduled the release of its first quarter 2025 financial results for Monday, May 19th, 2025. The company will host a conference call and webcast at 09:00 AM EST / 16:00 IST following the release.

CEO Adi Sfadia and CFO Gil Benyamini will discuss the quarterly results and business achievements, followed by a Q&A session. The conference call will be accessible via US dial-in (1-888-407-2553) and International dial-in (+972-3-918-0609). A simultaneous webcast will be available on Gilat's website and will be archived for 30 days.

Gilat Satellite Networks (NASDAQ: GILT) has secured orders exceeding $15 million from leading global satellite operators, with deliveries scheduled throughout 2025. The orders demonstrate strong demand for Gilat's equipment and services across GEO, MEO, and LEO Very High Throughput Satellite (VHTS) constellations.

The demand particularly emphasizes In-Flight Connectivity (IFC), reinforcing Gilat's position in broadband mobility solutions. Satellite operators are choosing Gilat's comprehensive solutions for their flexibility, performance, and scalability to meet increasing connectivity demands across diverse verticals.