Quick response ensured continuity of critical communications services by Southern Linc for first responders and utilitiesPETAH TIKVA, Israel, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a world leader in satellite networking technology, solutions, and services, in partnership with Hispasat, swiftly responded to Southern Linc’s urgent request for additional satellite capacity in the wake of Hurricane Helene. This Category 5 hurricane—a rare 100-year event—severely im ...

Gilat Satellite Networks Ltd. (GILT) has announced that it has secured orders worth more than $3 million from prominent service providers. These orders are for Gilat’s state-of-the-art Gateway Solid State Power Amplifiers (SSPAs), designed to support Low Earth Orbit (LEO) satellite constellations. Deliveries are scheduled to be completed within the next 12 months. Following the announcement, shares were up 2.3% in the last trading, closing the session at $6.43.Known for their high efficiency, reliability an ...

Orders reinforce Gilat’s position as a key provider of high-performance RF solutions for NGSO networksPETAH TIKVA, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced orders exceeding $3 million from leading service providers for Gilat’s Gateway Solid State Power Amplifiers (SSPAs) to support Low Earth Orbit (LEO) constellations. These orders are expected to be deli ...

PETAH TIKVA, Israel, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced management’s participation in the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025. Mr. Adi Sfadia, the Company’s CEO, and Mr. Gil Benyamini, the Company’s CFO, will be available for one-on-one meetings with investors at the conference. Management will also host a fireside chat on Tue ...

Gilat Satellite Networks Ltd. (GILT) has closed the deal to acquire Stellar Blu Solutions LLC (“Stellar Blu”), a U.S.-based provider of advanced SATCOM terminal solutions and satellite connectivity. The company announced the acquisition in June 2024.This move is set to bolster Gilat’s position in the growing In-Flight Connectivity (IFC) market and enhance its commercial and business aviation space. Additionally, the acquisition is expected to drive growth in adjacent high-end mobility sectors, particularly ...

Gilat Satellite (GILT) shares soared 9.8% in the last trading session to close at $6.70. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.2% gain over the past four weeks.The increase in share price can be attributed to the lucrative deals that the company secured over the past week. Recently, Gilat won $9 million in orders from key satellite operators for its SkyEdge IV and SkyEdge II-c communication platforms, with delivery pl ...

Acquisition Supercharges Gilat’s IFC Growth, Establishing a Global Leader in Aviation and High-End Mobility for ESA Applications Expected to Add $120-150 million in 2025 Annual Revenues PETAH TIKVA, Israel, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a global leader in satellite networking technology, solutions, and services, today announced that it has successfully closed the acquisition of Stellar Blu Solutions LLC (“Stellar Blu”), a leading US-based provide ...

Gilat’s SkyEdge IV and SkyEdge II-c Platforms are used to deliver the widest range of connectivity applicationsPETAH TIKVA, Israel, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company has received $9 million in orders from major satellite operators. The orders are for its advanced satellite communications platforms, SkyEdge IV and SkyEdge II-c equipment and servi ...

PETAH TIKVA, Israel, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company has secured over $18 million in orders for IFC solutions. These orders are mainly for Gilat SkyEdge platforms, related services and SSPAs. The equipment and services are scheduled for delivery within the next 12 months. These orders highlight the confidence in Gilat's advanced technology and ...

Satellite and Communication industry players have gained healthy momentum over the past few years, driven by increasing commercial space exploration and Earth observation. With the advent of 5G, the expansion of IoT and reliance on real-time data, satellite technologies are playing a crucial role in providing connectivity to remote locations and supporting global communications networks. As the satellite industry evolves, stocks like Gilat Satellite Networks (GILT) , Globalstar (GSAT) and Iridium Communicat ...