Gilat Awarded Over $13M in Additional Orders from Satellite Operators for its World Leading SkyEdge IV and SkyEdge II-c Platforms
Gilat Satellite Networks Ltd. - Ordinary Shares (GILT)
US:NASDAQ Investor Relations:
gilat.com/investor-relations
Company Research
Source: GlobeNewswire
PETAH TIKVA, Israel, April 01, 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 was awarded over $13M cumulative orders from multiple satellite operators to expand their global SATCOM networks utilizing Gilat’s SkyEdge IV multi-orbit, multi-service capabilities and leveraging its backward compatibility with SkyEdge II-c modems. These activities represent continuing orders resulting from the strategic partnerships forged with the selection of Gilat’s SkyEdge platforms by key satellite operators. SkyEdge platforms play a pivotal role in enabling in-flight connectivity, maritime mobility, cellular backhaul, and fixed data services. “We are seeing increasing demand for Gilat’s SkyEdge platforms as satellite operators are expanding their networks as well as delivering a wider range of applications to a growing number of users,” said Hagay Katz,
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News
- Gilat to Participate in the 19th Annual Needham Technology, Media & Consumer Conference on May 15, 2024GlobeNewswire
- Satellite Ground Station Equipment Global Strategic Industry Report 2024: Market to Surpass $125 Billion by 2030, Increase in Space Exploration Missions Drive New Satellite Launches and Opportunities [Yahoo! Finance]Yahoo! Finance
- Gilat to Report First Quarter 2024 Results on May 8th [Yahoo! Finance]Yahoo! Finance
- Gilat to Report First Quarter 2024 Results on May 8thGlobeNewswire
- Gilat Satellite Networks Ltd. (NASDAQ: GILT) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
GILT
Sec Filings
- 5/2/24 - Form 6-K
- 5/2/24 - Form 6-K
- 4/26/24 - Form SC
- GILT's page on the SEC website