Gilat Secures Order of More Than $3M for its Cutting Edge SSPAs
Gilat Satellite Networks .(GILT) ZACKS·2025-01-14 17:10
Gilat Satellite Networks Ltd. (GILT) has announced that it has secured orders worth more than $3 million from prominent service providers. These orders are for Gilat’s state-of-the-art Gateway Solid State Power Amplifiers (SSPAs), designed to support Low Earth Orbit (LEO) satellite constellations. Deliveries are scheduled to be completed within the next 12 months. Following the announcement, shares were up 2.3% in the last trading, closing the session at $6.43.Known for their high efficiency, reliability an ...