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Gilat Awarded Approximately $60 Million to Provide Digital Inclusion Solutions in Peru
Globenewswire· 2025-07-22 11:03
New infrastructure will deliver 200 Mbps internet to public institutions, meeting the demands for a connected societyPETAH TIKVA, Israel, July 22, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has been awarded approximately $60 million in orders from Pronatel (Programa Nacional de Telecomunicaciones), Peru’s national telecommunications ...
How We're Earning A 13%+ Yield Selling Puts On Rocket Lab
Seeking Alpha· 2025-07-21 12:13
As satellite demand soars and political risks elevate the strategic value of firms that have launch capabilities, the market is starting to separate companies with a track recordAt PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable insights to help you achieve better returns.All of the analysis we produce is designed to help you make smart decisio ...
Gilat to Report Second Quarter 2025 Results on Wednesday, August 6th
Globenewswire· 2025-07-21 11:05
PETAH TIKVA, Israel, July 21, 2025 (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 second quarter 2025 financial results on Wednesday, August 6th, 2025. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s second quarter 2025 results and business achievements an ...
Is AST SpaceMobile the Smartest Investment You Can Make Today?
The Motley Fool· 2025-07-19 11:00
Company Overview - AST SpaceMobile is developing a satellite network to provide broadband connections for regular cellphones globally, with a focus on the United States, Europe, and Japan [2][4] - The company is partnering with major telecom companies like AT&T and Verizon to offer its services, which will include monthly subscriptions and temporary options for users [4] Financial Aspects - AST SpaceMobile has secured a $100 million loan backed by its satellite projects, indicating improved financial prospects as the service nears launch [5] - The stock price has increased over 500% in the past three years and more than 250% in the last year, reflecting investor enthusiasm [7] - The price-to-sales ratio is currently over 1,000, suggesting that Wall Street anticipates significant future revenue despite the company's early-stage development [9] Investment Considerations - The company's current financial metrics, such as the price-to-earnings ratio, are not meaningful due to ongoing losses and expected long-term capital expenditures [8] - Investors are faced with uncertainty regarding the company's future potential, making it a challenging investment decision [10] - Conservative investors may find the current valuation excessive, while value investors are advised to be cautious given the company's untested status [11]
C-COM Announces Issuance of Stock Options
Newsfile· 2025-07-18 20:05
Core Viewpoint - C-COM Satellite Systems Inc. has granted stock options to its officers as part of their annual remuneration package, with options for 200,000 common shares at an exercise price of $0.93 per share, reflecting the closing price on July 17, 2025 [1][2]. Company Overview - C-COM Satellite Systems Inc. is a leading global designer, developer, and manufacturer of mobile satellite-based antenna systems, known for its proprietary auto-acquisition controller technology that enables rapid satellite pointing [4][5]. - The company has sold over 11,000 antenna systems across more than 100 countries, serving various vertical markets including Oil and Gas, Military Communications, Disaster Management, and Telemedicine [5]. Product Development - C-COM is in the final stages of testing a Ka-band electronically steerable modular flat panel phased array antenna, aimed at providing low-cost, high-throughput mobility applications over satellite [6]. - The company is also developing an Analog Beamforming Integrated Circuit, which is currently in the testing phase and is expected to reduce costs and improve performance for its ESA antennas [6].
FEIM's Q4 Earnings Rise Y/Y on Satellite Growth, Stock Down 10%
ZACKS· 2025-07-18 18:35
Core Insights - Frequency Electronics, Inc. (FEIM) reported a significant increase in quarterly financial results, yet its stock has declined 10.4% since the earnings report, indicating investor caution despite strong performance [1][2][6] Financial Performance - For Q4 fiscal 2025, net income was $3.3 million or 34 cents per share, up from $2.6 million or 28 cents per share in the prior year [2] - Revenues reached $20 million, a 28.3% increase from $15.6 million in the same quarter last year [2] - Operating income rose to $3.3 million from $2.5 million year-over-year [3] Revenue Breakdown - Satellite payloads generated $12.1 million in Q4, accounting for 60% of total revenues, up from $6.9 million or 44% in the prior-year quarter [4] - Non-space U.S. Government/DoD revenues decreased to $7 million from $7.9 million in the previous year [4] Cash Flow and Backlog - The backlog at fiscal year-end was $70 million, down from $78 million a year earlier [5] - Net cash used in operations was $1.4 million, a reversal from $8.7 million in cash provided in the previous year, partly due to a $9.6 million dividend paid [5] Management Commentary - CEO Thomas McClelland highlighted the quarter as the highest-revenue quarter in 25 years, attributing success to strong execution and accelerated revenue recognition [6] - CFO Steven Bernstein noted a $13.9 million release of deferred tax valuation allowances contributing to the earnings surge [7] Strategic Focus - The company is targeting emerging opportunities in quantum sensing and alternative navigation technologies, with plans to launch a compact rubidium atomic clock branded as TURBO [11] - FEIM is involved in the GPS IIIF program and plans to host the Second Annual Quantum Sensing Summit in New York City [12] Annual Performance Overview - For fiscal 2025, total revenue was $69.8 million, a 26.3% increase from $55.3 million in fiscal 2024 [9] - Net income surged to $23.8 million or $2.48 per share, up from $5.6 million or 59 cents per share in fiscal 2024 [9] - Operating income more than doubled to $11.7 million from $5 million [9]