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The latest update is out from Gilat ( (GILT) ).
In response to Hurricane Helene, which significantly impacted Georgia, Gilat Satellite Networks Ltd., in collaboration with Hispasat, quickly provided additional satellite capacity to Southern Linc. This effort ensured that critical communication services for first responders and utilities remained operational, highlighting the essential role of satellite connectivity in disaster recovery.
More about Gilat
Gilat Satellite Networks Ltd. is a global leader in satellite-based broadband communications, offering innovative technology solutions for satellite, ground, and new space connectivity. With over 35 years of experience, the company provides end-to-end secure solutions for mission-critical operations, catering to various sectors including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients.
YTD Price Performance: 6.99%
Average Trading Volume: 315,456
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $375.2M
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