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-0.000931966449207809 -0.00186393289841562 0.000931966449207809 -0.011183597390494 -0.011183597390494 -0.00838769804287044 0.0121155638397018 0.0158434296365331
Stock impact report

Gilat Enters Strategic Agreement Valued at Tens of Millions of Dollars with a Large Government Corporation in Asia Pacific

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: GlobeNewswire
PETAH TIKVA, Israel, May 03, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat entered a strategic agreement valued at tens of millions of dollars, including a potential for significant project expansions, with a large government corporation in Asia Pacific. The equipment and multi-year managed-services contract will enable connectivity for multiple applications across the nation. Gilat is responsible for building and operating the network to provide nationwide coverage for a range of applications. These include, but are not limited to enterprise applications, with strong opportunities for cellular backhaul, emergency-response and mobility applications such as Comms on-the-move and Comms on-the-pause. Gilat's multi-service single platform, SkyEdge II-c and its wide set of fine-tuned VSATS, will answer the government's requirement for robust connectivi Show less Read more
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