Core Insights - Gilat Satellite Networks Ltd. announced an investment of up to $3.5 million in Crosense, an early-stage startup focused on drone detection and tracking technology, as part of a funding round co-led by Frontier Capital [1][3] - This investment aligns with Gilat's strategic focus on expanding its presence in the Homeland Security (HLS) and Defense sectors, reflecting strong industry confidence in Crosense's disruptive technology [1][3] Company Overview - Gilat Satellite Networks is a global leader in satellite networking technology, with over 35 years of experience in providing satellite-based broadband communications and deep technology solutions for both commercial and defense applications [4][5] - The company offers a comprehensive portfolio that includes cloud-based platforms, high-performance satellite terminals, and advanced antennas, supporting various applications such as government and defense, broadband access, and critical infrastructure [5][6] Technology and Market Need - Crosense is developing a new class of electronically steered antenna (ESA) based systems for drone detection and tracking, addressing the urgent need for securing critical infrastructure against unauthorized drone activity [2] - The technology promises all-weather, real-time coverage, ensuring accurate and scalable detection in diverse environments, including dense urban areas [2] Strategic Partnership - Gilat's investment in Crosense is expected to enhance Crosense's innovation and growth, leveraging Gilat's extensive knowledge, expertise, and global marketing channels [3] - This collaboration aims to reinforce Gilat's role in safeguarding critical assets with next-generation technologies, demonstrating the company's commitment to the defense sector [3]
Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense