Stellar Blu Solutions is a US-based leading avionics solution provider of next-generation SATCOM terminal solutions. The acquisition is a significant step in Gilat's initiative to increase its presence in the growing IFC market. Gilat expects its annual revenues from the acquired business to range between $100 Million to $150 Million beginning in 2025, based on Stellar Blu's existing backlog. The acquisition is expected to be accretive on a non GAAP basis starting the second half of 2025. Date: Monday, June ...

PETAH TIKVA, Israel, May 20, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that Nicole Robinson has been appointed as President of DataPath. Ms. Robinson is an international satellite industry executive with a proven record in driving growth, managing global sales and operational teams, and deploying next-generation technology for the benefit of government and defense organiza ...

Ms. Robinson is an international satellite industry executive with a proven record in driving growth, managing global sales and operational teams, and deploying next-generation technology for the benefit of government and defense organizations, businesses and communities globally. She has served in key roles at Comtech Telecommunications, Ursa Space Systems, SES and General Dynamics. Gilat acquired DataPath, a market leader in trusted communications for the U.S. Department of Defense (DoD), military, and go ...

Company Participants Ryan Koontz - Needham Chris Quilty - Quilty Space Gunther Karger - Discovery Group Omri Efroni - Oppenheimer By now, you should have all received the company's press release. If you have not received it, please contact Gilat's Investor Relations team at EK Global Investor Relations at 1 (646) 688-3559 or view it in the news section of the company's website, www.gilat.com. Ehud Helft With that said, let me turn to introduction. On the call today are Mr. Adi Sfadia, Gilat's CEO; and Mr. G ...

PETAH TIKVA, Israel, May 07, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))), a worldwide leader in satellite networking technology, solutions, and services, announced today that its SkyEdge IV platform is enabling SES's O3b mPOWER System to deliver high-performance connectivity services.  SkyEdge IV is Gilat's next-generation multi-service platform. It is the industry's first VSAT platform enabling multi-orbit operations supporting service deployment utilizing MEO and GEO ...

PETAH TIKVA, Israel, May 02, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced management's participation in the 19th Annual Needham Technology, Media and Consumer Conference at the Westin Grand Central Hotel in New York City. Mr. Adi Sfadia, the Company's CEO, and Mr. Gil Benyamini, the Company's CFO, will be available for one-on-one meetings with investors at the conference. The compa ...

PETAH TIKVA, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))), a worldwide leader in satellite networking technology, solutions, and services, today announced that it will release its first quarter 2024 financial results on Wednesday, May 8, 2024. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat's first quarter 2024 results and business achievements and pa ...

PETAH TIKVA, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that it will release its first quarter 2024 financial results on Wednesday, May 8, 2024. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s first quarter 2024 results and business achievements and par ...

PETAH TIKVA, Israel, April 10, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))), a worldwide leader in satellite networking technology, solutions, and services, announced today that the company was awarded approximately $5 Million to provide services to a leading LATAM service provider. The leading service provider is providing 4G coverage over Gilat's equipment to remote regions where currently 4G cellular service is not available. "This customer selected Gilat due to the ...

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 s ...