GILT Acquires Stellar Blu to Expand Footprint in the IFC Market

Gilat Satellite Networks Ltd. (GILT) has closed the deal to acquire Stellar Blu Solutions LLC (“Stellar Blu”), a U.S.-based provider of advanced SATCOM terminal solutions and satellite connectivity. The company announced the acquisition in June 2024.This move is set to bolster Gilat’s position in the growing In-Flight Connectivity (IFC) market and enhance its commercial and business aviation space. Additionally, the acquisition is expected to drive growth in adjacent high-end mobility sectors, particularly ...