New award expands Gilat Defense’s portfolio of advanced capabilitiesPETAH TIKVA, Israel, Dec. 02, 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 DataPath has been selected to deliver a customized Earth Observation Solution. The order, valued at approximately $10 million, will be delivered within the next 12 months. This award reflects the continued expansion of Gilat ...

Core Insights - Inmarsat Maritime, a subsidiary of Viasat, has launched the next phase of its NexusWave bonded connectivity service, coinciding with the upcoming launches of the ViaSat-3 Flight 2 and Flight 3 satellites [1][2] Group 1: Service Enhancements - The introduction of the new generation of maritime terminals will provide NexusWave customers with a significant increase in bandwidth, enhancing performance and flexibility to meet evolving maritime needs [2][3] - NexusWave combines multiple network capacities (GEO Ka-band, LEO, LTE, and L-band) into a single connectivity solution, enabling faster data transfers and improved network efficiency for onboard internet experiences [3][4] Group 2: Technological Advancements - The new VS60 maritime terminal, developed by Intellian and utilizing Viasat's software-defined radio technology, supports high-bandwidth applications and achieved download speeds exceeding 250 megabits per second during sea trials [4][5] - The ViaSat-3 satellites will feature over 1,000 steerable spot beams, allowing dynamic bandwidth allocation to meet demand across global shipping lanes and offshore locations [5] Group 3: Strategic Positioning - Inmarsat Maritime's Vice President emphasized the strong position of NexusWave's multi-orbit architecture and the new terminal in supporting global fleet operations, reinforcing commitments to reliability and customer experience [6] - Viasat's President highlighted the consistent performance of NexusWave in a complex connectivity landscape, aiming to provide more bandwidth and flexibility as ViaSat-3 capacity becomes available [6]

Core Viewpoint - The company, Zhenlei Technology (688270.SH), is focusing on digital phased array products primarily used in specialized industries, with a significant application in satellite internet through its digital phased array satellite communication system [1] Group 1 - The company's digital phased array products are mainly applied in specialized industries [1] - The digital phased array satellite communication system is primarily utilized for satellite internet [1] - The company's wholly-owned subsidiary, Chengxin Technology, generates 35%-40% of its revenue from digital phased array products [1]

Core Viewpoint - Viasat Inc. (NASDAQ:VSAT) is experiencing significant stock performance, with a price target increase from JPMorgan analyst Sebastiano Petti, reflecting confidence in the company's strategic direction and potential value unlocking [1][2]. Group 1: Analyst Insights - JPMorgan analyst Sebastiano Petti raised the price target for Viasat Inc. to $50 from $23 and upgraded the rating from Neutral to Overweight [1]. - The analyst's confidence stems from Viasat's shareholder letter, indicating a potential strategic separation of its Defense and Advanced Technologies division [2]. - Petti's price target revision is based on a sum-of-the-parts valuation, suggesting that Viasat's individual business components may be more valuable separately [3]. Group 2: Market Performance - Viasat's stock has surged 258% year to date as of November 20, driven by strong financial results and strategic announcements [5]. - The stock experienced a 50% rally following news of a potential split of its defense business and the announcement of Q2 results, contributing to a total increase of 100% since then [4]. Group 3: Company Overview - Viasat Inc. is a global communications company providing high-speed satellite broadband services and secure networking solutions to commercial, government, and military customers [5].

Core Insights - Citi analysts suggest that new satellite developments may not pose a significant threat to traditional broadband operators, indicating a potential "win-win" situation for both sectors [1] Industry Analysis - The emergence of satellite technology is seen as complementary to existing broadband services rather than a direct competitor, potentially expanding market reach and improving service offerings [1] - Analysts believe that the integration of satellite and traditional broadband could enhance overall connectivity options for consumers, leading to increased customer satisfaction and market growth [1] Company Implications - Traditional broadband operators may benefit from partnerships with satellite companies, allowing them to leverage new technologies and improve their service capabilities [1] - The evolving landscape suggests that traditional operators should adapt their strategies to incorporate satellite solutions, which could lead to innovative service models and revenue streams [1]

Core Insights - Gilat Satellite Networks Ltd. has received orders exceeding $6 million for its Gateway Solid State Power Amplifiers (SSPAs) to support Low Earth Orbit (LEO) constellations, with deliveries expected over the next 12 months [1][2]. 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 integrated solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) through its Commercial and Defense Divisions [4]. Product Features - Gilat Wavestream's SSPAs are designed for high efficiency and reliability, meeting the demanding requirements of next-generation satellite networks, ensuring robust connectivity even in challenging terrains [2][3]. - The product portfolio includes cloud-based platforms, high-performance satellite terminals, advanced antennas, and integrated ground systems for various applications, including government, defense, and critical infrastructure [4][5].

Core Insights - Viasat, Inc. has appointed Barbara Frenkel to its Board of Directors, expanding the board to eight members, with six being independent [1] - The appointment is seen as timely due to the potential mass market adoption of direct-to-device connectivity, particularly in the transport sector, which aligns with trends in connected and autonomous vehicles [2] - Barbara Frenkel brings over 30 years of experience in the automotive industry, having held leadership roles at Porsche AG and other major automotive companies, which will aid Viasat in driving satellite connectivity adoption [2] Company Overview - Viasat is a global communications company focused on connecting people and systems worldwide, with operations in 24 countries [3] - The company aims to develop a comprehensive global communications network to provide high-quality, reliable, and secure connections for various sectors, including consumers, businesses, and governments [3] - In May 2023, Viasat completed the acquisition of Inmarsat, enhancing its capabilities and resources in the global communications market [3]

Core Insights - Viasat Inc. and Azerbaijan Airlines have signed a strategic agreement to introduce high-speed, streaming-capable in-flight Wi-Fi across Azerbaijan Airlines' new fleet [1][15] - The agreement emphasizes both companies' commitment to innovation and enhancing passenger experience [2][5] Agreement Details - Azerbaijan Airlines will equip twenty new aircraft, including Airbus A320 family and Boeing 787-9 Dreamliner models, with Viasat Amara, a next-generation in-flight connectivity solution [3][15] - The collaboration will also introduce a wireless in-flight entertainment platform, allowing passengers to access a rich library of content on their personal devices [4] Passenger Experience Enhancements - In-flight Wi-Fi will be offered for free to Business Class passengers and top-tier loyalty members, enhancing the overall passenger experience [6] - Viasat's 2024 Passenger Experience Survey indicates that 75% of passengers are more likely to rebook with airlines that provide quality in-flight Wi-Fi [7] Company Background - Viasat is a global communications company focused on connecting consumers, businesses, and governments through high-quality, reliable communication networks [8] - Azerbaijan Airlines, recognized with a 4-Star Skytrax rating, is committed to enhancing onboard service and expanding its international network [10]

Core Insights - Etihad Airways is expanding its partnership with Viasat to deploy the Viasat Amara connectivity solution across its entire fleet, enhancing the guest experience with high-speed internet access [1][4][10] Connectivity Features - The Viasat Amara solution will enable guests to stream content, access live TV, and use social media and shopping applications on personal devices and seatback screens [2][4] - The connectivity will be powered by Viasat's global Ka-band satellites and upcoming LEO partner satellites, ensuring fast and reliable service [3][6] Fleet Integration - The agreement covers both widebody and narrowbody aircraft, including the newly introduced Airbus A321LR and A350 fleets, which are factory-installed with Viasat's connectivity system [3][4] - The Boeing 787 Dreamliners, introduced in 2023, are also equipped with Viasat technology, ensuring a comprehensive upgrade across the fleet [3][4] Strategic Importance - This partnership reflects Etihad's commitment to providing a premium digital experience, aligning with its brand of hospitality and enhancing passenger journeys [4][5] - Viasat's Chief Commercial Officer emphasized the long-term value of the partnership, highlighting the scalability and innovation potential of the Viasat Amara platform [5][6] Company Background - Viasat is a global communications company focused on providing high-quality, reliable connectivity solutions across various sectors, including aviation [7][8] - Etihad Airways, established in 2003, has become a leading airline known for its superior service and extensive international network [8]

Core Insights - Viasat has announced a five-year contract extension with the Navy Exchange Service Command (NEXCOM) to enhance internet connectivity for Navy personnel and their families [1][2][5] Group 1: Contract Details - The contract extension falls under Viasat's Defense and Advanced Technologies segment, focusing on managed connectivity services for personal-use networks at Navy and joint base installations globally [2][4] - Viasat will provide extensive network upgrades, including new hardware and infrastructure, to support higher bandwidth for users both inside and outside the continental U.S. [3][4] Group 2: Alignment with Military Initiatives - The initiative aligns with the Barracks Task Force's objectives to improve living conditions for service members by modernizing infrastructure and enhancing quality of life [4][5] - Viasat has a long-standing partnership with NEXCOM, having served for nearly 15 years and connecting Sailors and their families across over 100 bases worldwide [5] Group 3: Technological Advancements - Viasat aims to deliver a modern, fiber-like digital experience that accommodates various online activities such as streaming, gaming, and video communication [5] - The company has previously completed significant upgrades at various military facilities, including Naval Station Guantanamo Bay and Naval Station Guam [5]