Gilat ( (GILT) ) just unveiled an announcement.
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Gilat Satellite Networks Ltd. has announced the receipt of $9 million in orders for its advanced SkyEdge IV and SkyEdge II-c satellite communications platforms from major satellite operators. These platforms are designed to deliver high-performance satellite communications across multiple constellations for a variety of applications, including maritime and enterprise solutions. This order underscores Gilat’s commitment to innovation and its role as a leading supplier of multi-orbit solutions, empowering operators with the flexibility and scalability needed to meet diverse market demands.
More about Gilat
Gilat Satellite Networks Ltd. is a global leader in satellite-based broadband communications, providing innovative technology solutions for satellite, ground, and new space connectivity. With over 35 years of experience, Gilat offers comprehensive end-to-end solutions for mission-critical operations, including a diverse portfolio of high-value solutions for multiple orbit constellations, very high throughput satellites, and software-defined satellites. Their offerings cater to applications such as broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, and government, supported by a range of products and services including satellite terminals, antennas, power amplifiers, network management, and cybersecurity.
YTD Price Performance: -0.81%
Average Trading Volume: 269,944
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $347.8M
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