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Gilat Announces an Oversubscribed Private Placement of US$ 100 Million to Institutional and Accredited Investors
Globenewswire· 2025-12-16 12:22
Core Points - Gilat Satellite Networks Ltd. has announced a private placement of Ordinary Shares to Israeli institutional and accredited investors, following the approval of its Board of Directors [1][2] - The company plans to issue 8,888,889 Ordinary Shares at a price of US$11.25 per Share, reflecting a 7.9% discount to the 10-day Volume Weighted Average Price [2] - The newly issued Shares will represent approximately 12.15% of the company's total issued and outstanding Ordinary Shares post-transaction [2] - The expected net proceeds from the sale are approximately US$98.8 million, which will be used for general corporate purposes, including potential strategic acquisitions [3] Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications, with over 35 years of experience in the industry [7] - The company offers a range of integrated solutions supporting multi-orbit constellations and Very High Throughput Satellites (VHTS) through its Commercial and Defense Divisions [8] - Gilat's product portfolio includes cloud-based platforms, high-performance satellite terminals, and advanced antennas, catering to various applications such as government, defense, broadband access, and critical infrastructure [9][10]
Viasat Introduces Next-Generation Global Ka-band Network to Support Resilient Government SATCOM
Globenewswire· 2025-12-15 13:00
Viasat’s unified Ka-band network will support high-speed, resilient multi-network connectivity for multi-domain mission operationsCARLSBAD, Calif., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications (SATCOM), today announced a significant evolution of its network for government customers by unifying Viasat Ka-band satellites, the Global Xpress satellite fleet, and select partner satellites into a fully integrated global Ka-band satellite communications ...
Jim Cramer Says He is “Not Against” AST SpaceMobile But Notes That “It’s Speculative”
Yahoo Finance· 2025-12-13 15:34
Core Insights - AST SpaceMobile, Inc. (NASDAQ:ASTS) is recognized as a speculative investment opportunity in the space sector, with potential for significant returns despite inherent risks [1] - The company operates the BlueBird satellite network, providing space-based cellular broadband that connects directly to standard smartphones [1] - Despite a 200% increase in stock price this year, ASTS has experienced a decline of over 30 points from its recent high, indicating volatility [1] - The company recently offered $1 billion in convertible notes and 2 million shares at approximately $78, raising concerns about its financial stability [1] - ASTS has reported losses for the past five years, with a negative free cash flow of $677 million over the last 12 months, suggesting ongoing financial challenges [1] - Comparatively, certain AI stocks are viewed as having greater upside potential and lower downside risk than ASTS [1]
Keysight and KT SAT Achieve Industry-First Multi-Orbit NTN Handover Between GEO Satellite and Emulated LEO Link
Businesswire· 2025-12-11 16:00
SANTA ROSA, Calif.--(BUSINESS WIRE)--Live multi-orbit proof-of-concept shows session continuity from a geostationary earth orbit to an emulated low Earth orbit link. ...
Viasat Rocket Telemetry Service Selected by INNOSPACE for First Ever Commercial Launch from Brazil
Globenewswire· 2025-12-11 12:00
Korean launch provider INNOSPACE has selected Viasat’s rocket telemetry service for its first ever commercial launch. It will also mark the first time this service will be used in a commercial mission carrying satellite payloads. LONDON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will provide its launch telemetry service for INNOSPACE (KS: 462350) – a South Korean satellite launch service company. The mission, currently targ ...
Why EchoStar Stock Surged Higher Today
The Motley Fool· 2025-12-10 17:09
Investors found a way to play a potential SpaceX IPO.Shares of satellite communications company EchoStar (SATS +7.26%) have been rocketing higher this month. The stock continued its ascent today. After surging as much as 7.4%, EchoStar stock remained higher by 6.8% as of 12:05 p.m. ET. That has helped it soar by over 36% in December alone. A SpaceX IPOInvestors are pouring into EchoStar stock as reports surfaced of plans for an initial public offering (IPO) of privately held SpaceX. That's because EchoStar ...
Viasat: The High-Risk Satellite Stock The Pentagon Cannot Ignore
Seeking Alpha· 2025-12-10 15:00
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in VSAT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking ...
Can ASTS Stock Beat the Market in 2026?
The Motley Fool· 2025-12-10 12:15
AST SpaceMobile was one of the top-performing stocks in 2025 but faces some risks going into 2026.AST SpaceMobile (ASTS 1.57%) was a bad investment from 2020 to the start of 2024. The stock woefully underperformed the S&P 500 during that stretch and went from $20 per share to $2 per share. However, that all changed in May 2024 when the company partnered with AT&T (T 1.33%) and announced its first commercial satellite launches for the summer. Has ASTS beaten the stock market so far?Because of the gains it ma ...
HD Hyundai Construction Equipment adds Iridium’s connectivity to Hi MATE
Yahoo Finance· 2025-12-10 11:35
Core Insights - HD Hyundai Construction Equipment has partnered with Iridium Communications to enhance its Hi MATE vehicle monitoring system with satellite connectivity, allowing for expanded service reach globally [1][3] - The Hi MATE system provides remote management capabilities for excavators and wheel loaders, delivering critical performance metrics to reduce downtime and improve operational efficiency [2][5] - Iridium's satellite technology enables real-time monitoring of machinery in remote locations where traditional network infrastructure is lacking, offering a reliable alternative for asset connectivity [3][4] Company Developments - The integration of Iridium's low-latency connectivity into Hi MATE is expected to enhance reliability and provide critical data access for customers operating in challenging environments [5] - In May 2023, HD Hyundai Construction Equipment opened a new factory at its Ulsan Campus in Dong-gu, South Korea, indicating ongoing expansion and investment in production capabilities [5] Industry Context - Iridium Communications operates a global mobile satellite network, providing essential voice, data, and positioning services, which are crucial for industries requiring reliable communication from remote sites [3][4] - The acquisition of Satelles in 2024 has allowed Iridium to expand its service offerings, enhancing its positioning, navigation, and timing capabilities [4]
Iridium Communications (NasdaqGS:IRDM) Conference Transcript
2025-12-09 22:22
Summary of Iridium Communications Conference Call (December 09, 2025) Industry and Company Overview - **Company**: Iridium Communications (NasdaqGS:IRDM) - **Industry**: Satellite communications, specifically focusing on narrowband IoT and direct-to-device services Key Points and Arguments 1. **Industry Developments**: Significant changes in the satellite communications industry, particularly due to the SpaceX EchoStar spectrum deal, have prompted Iridium to pause buybacks and lower its leverage target from below 4x to below 3x by year-end [6][9][10] 2. **Free Cash Flow Guidance**: Iridium projects free cash flow of $1.5 billion to $1.8 billion from 2026 to 2030, indicating a strong cash-generating capability [6][10] 3. **Competitive Landscape**: The acceleration of Starlink's network rollout is expected to create competitive pressure in the market, prompting Iridium to build cash reserves and financial flexibility for potential M&A opportunities [7][8][9] 4. **M&A Strategy**: Iridium is considering both bolt-on and transformative M&A opportunities, particularly in the aviation safety platform space and identity access management [12][13][14] 5. **Spectrum Value**: Iridium holds 8.5 megahertz of L-band spectrum, described as "prime beachfront property," with global coverage and significant value due to its unique capabilities [19][20] 6. **Direct-to-Device Market**: Iridium is pursuing opportunities in the narrowband IoT space, with expectations of incremental revenue growth from this segment, which may be larger than the smartphone market [23][27][28] 7. **Partnerships and Agreements**: Recent MOUs with major telecom companies like Deutsche Telekom and Vodafone highlight Iridium's commitment to expanding its direct-to-device offerings [24][25] 8. **Government Contracts**: Iridium maintains a strategic relationship with the U.S. government, highlighted by an $86 million five-year IDIQ contract, which is expected to be renewed [36][37] 9. **Future Growth Opportunities**: Iridium is optimistic about its future, projecting a $100 million opportunity in position navigation and timing (PNT) by the end of the decade, alongside continued growth in its core business [39][40] Additional Important Insights - **Financial Resilience**: Iridium's current cash flow of $300 million per year provides a solid foundation for future growth and strategic initiatives [8][39] - **Market Adaptation**: The company is aware of the changing competitive environment and is adapting its strategy to focus on areas where it can maintain a competitive edge [42] - **Customer Base Dynamics**: Iridium's customer base includes NGOs and government entities, which value the ruggedness and reliability of its services, although there is some concern about competition from direct-to-device offerings [31][32][36] This summary encapsulates the key discussions and insights from the Iridium Communications conference call, highlighting the company's strategic direction and the evolving landscape of the satellite communications industry.