Gilat Satellite Networks .(GILT)
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Gilat to Participate in the 20th Annual Needham Technology, Media & Consumer Conference on May 13th, 2025
Globenewswire· 2025-04-28 11:02
Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [3] - The company develops and delivers deep technology solutions for satellite, ground, and new space connectivity, focusing on critical connectivity across commercial and defense applications [3] Product and Service Offerings - Gilat offers integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) through its Commercial and Defense Divisions [4] - The product portfolio includes a cloud-based platform, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas, Solid State Power Amplifiers (SSPA), Block Upconverters (BUC), and integrated ground systems for various markets [4][5] Market Applications - Gilat's products and tailored solutions support multiple applications including government and defense, in-flight connectivity (IFC) and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients [5]
Gilat to Report First Quarter 2025 Results on Monday, May 19th
Newsfilter· 2025-04-24 11:01
Core Viewpoint - Gilat Satellite Networks Ltd. will release its first quarter 2025 financial results on May 19, 2025, and will hold a conference call to discuss these results and business achievements [1][2]. Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [3]. - The company develops and delivers technology solutions for satellite, ground, and new space connectivity, focusing on critical connectivity across commercial and defense applications [3]. Product and Service Offerings - Gilat offers integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) through its Commercial and Defense Divisions [4]. - The product portfolio includes a cloud-based platform, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas, Solid State Power Amplifiers (SSPA), Block Upconverters (BUC), and integrated ground systems for various markets [4]. Applications and Market Focus - Gilat's products support multiple applications including government and defense, in-flight connectivity (IFC), mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure [5].
Gilat Stock Up 23% in the Past Six Months: Will the Uptrend Continue?
ZACKS· 2025-04-22 14:50
Gilat Satellite Networks Ltd. (GILT) stock has proved resilient amid a volatile market environment with a 23.2% gain in the past six months against the Zacks Satellite and Communication industry’s the Zacks Computer and Technology sector and the S&P 500 composite’s decline of 7.6%, 15.9% and 10.6%, respectively.Image Source: Zacks Investment ResearchIt closed the last trading session at $6, down 25% from its 52-week high of $8.05. Does this recent pullback indicate a buying opportunity?Let us discuss GILT’s ...
Gilat Receives Over $15 Million in Orders from Leading Satellite Operators
Newsfilter· 2025-04-22 11:04
Core Insights - Gilat Satellite Networks Ltd. announced over $15 million in orders from leading global satellite operators, with deliveries scheduled throughout 2025 [1] - The orders indicate strong momentum for Gilat's equipment and services across various satellite constellations, particularly in In-Flight Connectivity (IFC) [2][3] - Gilat's comprehensive solutions are recognized for their flexibility and performance, meeting increasing connectivity demands across multiple verticals [3] Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [4] - The company offers integrated solutions supporting multi-orbit constellations and Very High Throughput Satellites (VHTS) through its Commercial and Defense Divisions [5] - Gilat's product portfolio includes cloud-based platforms, high-performance satellite terminals, and advanced antennas, catering to various applications including government, defense, and broadband access [6]
Gilat Satellite: Stellar Blu Will Bring Stellar Returns
Seeking Alpha· 2025-04-20 15:32
Industry Overview - The SATCOM market is experiencing growth driven by increased defense spending and rising demand for in-flight connectivity (IFC) [1] - This growth presents investment opportunities, particularly in small-cap companies operating within the SATCOM space [1] Company Focus - Gilat Satellite Networks is identified as a potential investment opportunity within the SATCOM market [1]
Gilat Wins Multimillion Defense Deal for Antenna Technology
ZACKS· 2025-04-16 14:25
Core Viewpoint - Gilat Satellite Networks Ltd. (GILT) has secured multiple significant contracts in its defense division, indicating strong demand for its advanced satellite communication technologies and a robust growth trajectory in the defense SATCOM market. Group 1: Recent Contracts and Orders - Gilat Defense has received a multimillion-dollar order from a leading global defense organization for cutting-edge antenna technology, with deliveries expected to start in late 2025 [1] - The company has been awarded a contract valued at up to $23 million for sustainment and support services for Satellite Transportable Terminal (STT) units used by the U.S. Department of Defense, with options for extension up to five years [4] - A new $6 million contract for the SkyEdge II-c satellite communications platform was awarded by a military organization in the Asia-Pacific region, further solidifying Gilat's market position [6] Group 2: Market Position and Strategy - The global defense SATCOM market is anticipated to grow as military forces transition to next-generation satellite communication technologies, positioning Gilat to capitalize on these opportunities [5] - Gilat has formed a new Defense Division to meet the increasing demand for secure government and military SATCOM solutions, unifying expertise from various subsidiaries [7] - The company has restructured its organization to enhance focus on key markets, presenting financial results under three categories: Gilat Defense, Gilat Commercial, and Gilat Peru [9] Group 3: Financial Performance and Projections - In the last reported quarter, Gilat's net sales increased by 3% year over year, driven by growth in the defense and IFC sectors [8] - Management projects 2025 revenues to be between $415 million and $455 million, with adjusted EBITDA expected to range from $47 million to $53 million [8] - Shares of Gilat have increased by 23.7% over the past six months, outperforming the Zacks Satellite and Communication industry's decline of 6.6% [10]
Gilat Receives a Multimillion Order from a Global Defense Organization
Globenewswire· 2025-04-15 10:04
Core Insights - Gilat Satellite Networks Ltd. has received a multimillion-dollar order from a global defense organization for advanced antenna technology to be integrated into defense communication systems, with deliveries expected by the end of 2025 [1][2]. Group 1: Company Overview - Gilat Satellite Networks is a leading global provider of satellite-based broadband communications, with over 35 years of experience in developing technology solutions for satellite, ground, and new space connectivity [3][4]. - The company offers a comprehensive portfolio that includes cloud-based platforms, high-performance satellite terminals, advanced antennas, and integrated ground systems for both commercial and defense markets [4]. Group 2: Product and Service Offerings - Gilat's antenna solutions are designed to provide secure and resilient connectivity under demanding conditions, supporting various applications including government and defense, broadband access, and critical infrastructure [2][5]. - The company’s products meet stringent service level requirements and are tailored to support multiple applications across different sectors [5].
Gilat Receives over $11 Million Defense Contract from a Leading UAV Company
Globenewswire· 2025-04-09 11:03
Gilat Defense secured contract for cutting edge DKET 3420 transportable hubs, enabling rapid SATCOM deploymentPETAH TIKVA, Israel, April 09, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today Gilat Defense was awarded a contract exceeding $11 million for DKET 3420 terminals. These portable satellite communication hubs are designed to deliver robust connectivity, scalability, and fle ...
Gilat Awarded Up to $23 Million Multi-Year Contract to Service Satellite Transportable Terminal Units for US DoD Customers
Globenewswire· 2025-04-07 11:03
Gilat Defense will ensure the operational readiness of critical SATCOM systems worldwidePETAH TIKVA, Israel, April 07, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat Defense was awarded a contract to provide ongoing sustainment and support services for Satellite Transportable Terminal (STT) units deployed worldwide in support of U.S. Department of Defense (DoD) custom ...
Gilat Satellite Networks .(GILT) - 2024 Q4 - Annual Report
2025-03-27 14:18
FORM 6 – K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report on Foreign Issuer Pursuant to Rule 13a – 16 or 15d – 16 of the Securities Exchange Act of 1934 Form 20-F ☒ Form 40-F ☐ Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ☐ No ☒ For the Month of March, 2025 Gilat Satellite Networks Ltd. (Translation of R ...