Gilat Satellite Networks Ltd. filings document foreign-issuer reports for a satellite networking company that supplies broadband communications technology, ground systems, modems, antennas, amplifiers and related services for commercial and defense markets. The record is centered on Form 6-K submissions that furnish press releases and corporate updates under the Exchange Act.
These disclosures cover financial results, customer orders, partnerships, product deployments and demonstrations involving SkyEdge IV, Sidewinder ESA terminals, EnduroStream SSPAs, AeroStream aviation equipment, DKET transportable terminals and virtualized SATCOM modem architecture. The filings also identify the company’s Form 20-F reporting status and reference registration statements used for incorporation of financial information.
Gilat Satellite Networks Ltd (GILT) notice reports a proposed Rule 144 sale of 24,633 ordinary shares through Oppenheimer & Co. on 08/20/2025 on NASDAQ, with an aggregate market value of $211,351.14 and 57,017,032 shares outstanding. The shares were acquired under the company's employee stock option plan on 01/03/2021 (15,428 shares) and 02/13/2023 (9,205 shares) and are to be paid for in cash upon exercise. The filer states there were no sales in the past three months and certifies they are not aware of undisclosed material adverse information.
Form 144 for Gilat Satellite Networks Ltd (GILT) shows a proposed sale of 8,760 ordinary shares through Oppenheimer & Co. for an aggregate market value of $75,160.80. The shares were acquired on May 15, 2022 under an employee stock option plan from the issuer and payment at sale is expected to be cash upon exercise. The filing reports 57,017,032 shares outstanding and an approximate sale date of 08/20/2025 on the NASDAQ. The filer certifies they are not aware of undisclosed material adverse information and confirms no securities were sold by the person in the past three months.
Gilat Satellite Networks announced its Commercial Division received over $60 million in orders for Stellar Blu ESA Sidewinder in-flight connectivity terminals from a leading satellite operator, with deliveries expected within the next 12 months. The orders cover hundreds of Sidewinder ESA units for retrofit programs and the first production run tied to an eventual OEM linefit terminal for Boeing. The company highlights broader market opportunities including VVIP and special-mission aircraft as drivers of demand. The release reiterates Gilat's product portfolio across commercial and defense connectivity solutions.
The filing lists shareholder proposals for Gilat Satellite Networks Ltd including corporate governance and compensation matters. Shareholders are asked to set the Board size at eight directors, re-elect four directors and elect one new director, and to ratify awards of stock options contingent on election for Dana Porter Rubinshtein and Hilla Haddad Chmelnik. The filing proposes electing Hilla Haddad Chmelnik as an external director for a three-year term and approving option grants described in the proxy. It seeks an amendment to the Company’s Compensation Policy for Executive Officers and Directors to permit a grant of Performance Stock Units (PSUs) to CEO Adi Sfadia, subject to approval of the amendment. The report also requests ratification of Kost Forer Gabbay & Kasierer (Ernst & Young member) as the independent registered public accountants for the fiscal year ending December 31, 2025.
Gilat Satellite Networks Ltd. filed a Form 6-K for August 2025, furnishing investors with its condensed interim unaudited consolidated financial statements. These statements cover the company and its subsidiaries as of June 30, 2025 and for the six-month periods ended June 30, 2025 and June 30, 2024.
The filing also includes an Operating and Financial Review and Prospects section. Together, these materials are incorporated by reference into several existing Form S-8 registration statements, meaning the newly furnished financial information now also forms part of those employee equity plan registrations.
Gilat Satellite Networks announced that its defense division, Gilat Defense, was awarded a multimillion dollar contract by Israel's Ministry of Defense to deliver and integrate advanced satellite communication systems and services. The work covers rapid deployment of tailor-made SATCOM systems engineered for operation in harsh and unpredictable environments and is intended to meet the operational requirements of Israel's defense forces. Deliveries are expected before the end of 2025. The release reiterates Gilat's product portfolio and notes standard forward-looking statement risks, including those related to operations in Israel.
Gilat Satellite Networks Ltd. (GILT) — Second Quarter 2025 results
Gilat reported Q2 revenue of $105.0M, up 37% YoY from $76.6M. Q2 GAAP operating income was $5.7M (vs. $2.8M) and GAAP net income was $9.8M or $0.17 per diluted share (vs. $1.3M, $0.02). Non-GAAP net income was $12.0M or $0.21. Adjusted EBITDA was $11.8M (Q2 2024: $10.1M); excluding a ~$1.5M Stellar Blu ramp-up loss Adjusted EBITDA was $13.3M.
Management raised 2025 guidance: revenue now expected $435M–$455M (midpoint ~46% growth) and Adjusted EBITDA $50M–$53M (previously $47M–$53M). The company disclosed multiple material awards including ~$60M Peru contract, a $40M SkyEdge IV contract, $27M for Stellar Blu, >$25M multi-orbit orders and several defense awards. Investing cash included $104.943M for an acquisition; goodwill rose to $167.706M and intangibles to $61.689M. Cash and equivalents were ~$64.9M at June 30, 2025 and net cash from operations was $(1.469)M for the six months.