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Stock impact report

Gilat Received Multimillion-Dollar Order from a Leading Defense Organization [Yahoo! Finance]

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: Yahoo! Finance
PETAH TIKVA, Israel, April 09, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that a leading Defense Organization awarded the company multimillions of dollars for the development of a next-generation SOTM/SOTP modem. This next-generation military modem is aimed to set a new standard for mission flexibility, with fast-to-deploy and easy-to-operate capabilities while meeting the most stringent specifications. The modem will deliver high-speed satellite communications for on-the-move and on-the-pause missions. It will further provide secure, highly reliable broadband C4I satellite communications that ensure battlefield information superiority for warfighters. The modem's advanced technologies will maximize link availability, optimize bandwidth usage, and enable high throughput anywhere, and anytime in the most challenging field conditions. “This award once ag Show less Read more
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