Gilat Secures Approximately $15 Million in Orders from Leading Satellite Operators for GEO, MEO and LEO Constellations
15 Outubro 2024 - 8:02AM
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a
worldwide leader in satellite networking technology, solutions, and
services, announced today that it has been awarded approximately
$15 million in orders from several major satellite operators for
its advanced satellite communications solutions for GEO, MEO and
LEO constellations. The orders are expected to be delivered in
several deliveries over the upcoming 18 months.
These new orders underscore the strong, ongoing
partnerships Gilat has developed with key industry players,
reinforcing the company’s position as a trusted provider of
cutting-edge satellite technology. Gilat’s solutions are critical
in enabling a broad range of connectivity and enterprise services
across the globe.
“We are witnessing continuous demand for our
innovative satellite communications solutions, as operators
continue to expand their networks to meet the increasing needs of
users worldwide,” said Hagay Katz Chief Product and
Marketing Officer. “Our portfolio ensures future-ready
connectivity, serving diverse markets and applications with
unparalleled reliability and reach.”
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a
leading global provider of satellite-based broadband
communications. With over 35 years of experience, we create and
deliver deep technology solutions for satellite, ground, and new
space connectivity and provide comprehensive, secure end-to-end
solutions and services for mission-critical operations, powered by
our innovative technology. We believe in the right of all people to
be connected and are united in our resolution to provide
communication solutions to all reaches of the world.
Our portfolio includes a diverse offering to deliver high-value
solutions for multiple orbit constellations with very high
throughput satellites (VHTS) and software-defined satellites (SDS).
Our offering is comprised of a cloud-based platform and
high-performance satellite terminals; high-performance Satellite
On-the-Move (SOTM) antennas; highly efficient, high-power Solid
State Power Amplifiers (SSPA) and Block Upconverters (BUC) and
includes integrated ground systems for commercial and defense,
field services, network management software, and cybersecurity
services.
Gilat’s comprehensive offering supports multiple applications
with a full portfolio of products and tailored solutions to address
key applications including broadband access, mobility, cellular
backhaul, enterprise, defense, aerospace, broadcast, government,
and critical infrastructure clients all while meeting the most
stringent service level requirements. For more information, please
visit: http://www.gilat.com
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words “estimate”, “project”,
“intend”, “expect”, “believe” and similar expressions are intended
to identify forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties. Many
factors could cause the actual results, performance or achievements
of Gilat to be materially different from any future results,
performance or achievements that may be expressed or implied by
such forward-looking statements, including, among others, changes
in general economic and business conditions, inability to maintain
market acceptance to Gilat’s products, inability to timely develop
and introduce new technologies, products and applications, rapid
changes in the market for Gilat’s products, loss of market share
and pressure on prices resulting from competition, introduction of
competing products by other companies, inability to manage growth
and expansion, loss of key OEM partners, inability to attract and
retain qualified personnel, inability to protect the Company’s
proprietary technology and risks associated with Gilat’s
international operations and its location in Israel, including
those related to the current terrorist attacks by Hamas, and the
war and hostilities between Israel and Hamas, and Israel and
Hezbollah and Iran; and other factors discussed under the heading
“Risk Factors” in Gilat’s most recent annual report on Form 20-F
filed with the Securities and Exchange Commission. Forward-looking
statements in this release are made pursuant to the safe harbor
provisions contained in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements are made only
as of the date hereof, and Gilat undertakes no obligation to update
or revise the forward-looking statements, whether as a result of
new information, future events or otherwise.
Contact:
Gilat Satellite Networks
Hagay Katz, Chief Products and Marketing Officer
HagayK@gilat.com
Gilat Satellite Networks (NASDAQ:GILT)
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