Core Insights - Gilat Satellite Networks Ltd. has secured over $60 million in orders for its Stellar Blu ESA Sidewinder in-flight connectivity terminals from a leading satellite operator, with deliveries expected within the next 12 months [1][2] Group 1: Orders and Deliveries - The orders include hundreds of additional Sidewinder ESA terminals, supporting new airline fleet awards for retrofit and the first production run for Boeing's OEM linefit terminal [2] - Deliveries of the ordered terminals are anticipated to occur within the next year [1] Group 2: Product and Market Strategy - The Stellar Blu Sidewinder ESA is positioned to redefine airborne connectivity, catering to the performance and flexibility demands of modern aviation customers [3] - The current momentum is expected to open significant opportunities in high-value markets, including VVIP and special mission aircraft, by providing advanced connectivity solutions [3] Group 3: Company Overview - Gilat Satellite Networks is a global leader in satellite-based broadband communications, with over 35 years of experience in developing technology solutions for satellite and ground connectivity [4] - The company offers a comprehensive portfolio that includes cloud-based platforms, high-performance satellite terminals, and integrated ground systems for both commercial and defense markets [4][5] - Gilat's products support various applications, including government and defense, in-flight connectivity, broadband access, and critical infrastructure, while adhering to stringent service level requirements [5]

Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [3] - The company develops and delivers technology solutions for satellite, ground, and new space connectivity, focusing on critical connectivity across commercial and defense applications [3] Product and Service Offerings - Gilat offers integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) [4] - The product portfolio includes cloud-based platforms, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas, Solid State Power Amplifiers (SSPA), Block Upconverters (BUC), and integrated ground systems for various markets [4][5] - Solutions cater to multiple applications such as government and defense, broadband access, cellular backhaul, enterprise, aerospace, and critical infrastructure [5] Upcoming Events - The company will present at the 28th Annual Oppenheimer Technology, Internet & Communications Virtual Conference on August 11, 2025, at 9:55 am Eastern Time [1][2] - CEO Adi Sfadia will be available for one-on-one meetings with investors on August 11 and 12, 2025 [2]

Core Insights - Gilat Satellite Networks Ltd. has been awarded approximately $60 million in orders from Pronatel to upgrade broadband infrastructure in Peru, specifically in the regions of Apurímac, Huancavelica, and Ayacucho [1][2] - The project aims to deliver high-speed internet of 200 Mbps to nearly 800 public institutions, including schools and health centers, across 280 localities, thereby addressing the digital divide in rural communities [2][3] - The migration is expected to take place over the next 12 months, with services delivered over a four-year period [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 and ground connectivity [5][6] - The company offers a comprehensive portfolio that includes cloud-based platforms, high-performance satellite terminals, and integrated ground systems for both commercial and defense markets [6][7] - Gilat's products support various applications, including government, defense, broadband access, and critical infrastructure, while adhering to stringent service level requirements [7]

Core Insights - Gilat Satellite Networks Ltd. has received over $22 million in orders from leading satellite operators globally, scheduled for delivery over the next 12 months [1][2][4] Group 1: Company Overview - Gilat is a global leader in satellite networking technology, solutions, and services, with over 35 years of experience [5] - The company offers a comprehensive portfolio that includes cloud-based platforms, high-performance satellite terminals, and advanced antennas [6] Group 2: Market Demand and Applications - The new orders reflect Gilat's increasing role in providing advanced connectivity across GEO, MEO, and LEO constellations, particularly in the In-Flight Connectivity (IFC) market [2][4] - Gilat's products support various applications, including government and defense, broadband access, cellular backhaul, and critical infrastructure [7] Group 3: Strategic Partnerships and Innovation - The ongoing partnerships with leading satellite operators highlight Gilat's critical role in the evolution of satellite connectivity [4] - The company continues to innovate across its multi-orbit portfolio to meet the growing global demand for broadband and mobility [4]

Core Insights - Gilat Satellite Networks Ltd. has secured $27 million for its Stellar Blu ESA Terminal technology, with deliveries expected over the next 12 months [1][2][4] - The company's ESA terminal technology is gaining traction in the aviation market, addressing the increasing connectivity demands of commercial, business, and defense airborne platforms [2][3] - The airborne communications market is experiencing strong momentum, supported by sustained investment across all sectors, indicating a continued demand for innovative connectivity solutions [3][4] Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications, with over 35 years of experience in developing technology solutions for satellite and ground connectivity [4][5] - The company offers a comprehensive portfolio that includes high-performance satellite terminals, cloud-based platforms, and integrated ground systems for both commercial and defense markets [5][6] - Gilat's products support various applications, including government and defense, broadband access, and critical infrastructure, while meeting stringent service level requirements [6]

Core Insights - Gilat Satellite Networks Ltd. reported a revenue increase of 21% year-over-year, reaching $92 million in Q1 2025, compared to $76.1 million in Q1 2024 [7] - The company reiterated its guidance for 2025, expecting revenues between $415 million and $455 million, which represents a year-over-year growth of 42% at the midpoint [4] - Adjusted EBITDA for Q1 2025 was $7.6 million, down from $9.3 million in Q1 2024, primarily due to a $3.6 million loss from the ramp-up of Gilat Stellar Blu [7][12] Financial Performance - Revenues for Q1 2025 were $92 million, a 21% increase from $76.1 million in Q1 2024 [7] - GAAP operating loss was $2.7 million, compared to a GAAP operating income of $5.4 million in Q1 2024 [7] - Non-GAAP operating income decreased to $5.2 million from $6.6 million in Q1 2024 [7] - GAAP net loss was $6.0 million, or $0.11 per share, compared to a net income of $5.0 million, or $0.09 per diluted share, in Q1 2024 [7] - Non-GAAP net income was $1.8 million, or $0.03 per diluted share, down from $6.0 million, or $0.11 per diluted share, in Q1 2024 [7] Business Segments - The commercial segment generated $64.2 million in revenue, up from $41.2 million in Q1 2024, while the defense segment increased to $23.0 million from $17.2 million [25] - The company is experiencing significant momentum in its defense sector, driven by increased demand for secure communications [5] Future Outlook - The company expects adjusted EBITDA for 2025 to be between $47 million and $53 million, representing an 18% year-over-year growth at the midpoint [4] - Management expressed confidence in achieving a record year in both revenues and non-GAAP profitability, supported by the ramp-up of Gilat Stellar Blu and expanding opportunities in mission-critical communications [5] Recent Contracts and Orders - Gilat received over $15 million in orders from leading satellite operators and a multimillion-dollar order from a global defense organization [8] - The company was awarded a contract worth up to $23 million to service satellite transportable terminal units for U.S. Department of Defense customers [8]

Core Insights - Gilat Satellite Networks Ltd. has successfully completed test flights for its ESR-2030Ku electronically steered antenna, demonstrating its capabilities in the business and defense aviation markets [1][2][3] - The ESR-2030Ku provides full-duplex connectivity with a downlink throughput of 195 Mbps and an uplink throughput of 32 Mbps, showcasing stability and reliability during demanding performance scenarios [2][3] - The company aims to capitalize on the growing multi-billion-dollar market for Low Earth Orbit (LEO) based ESA solutions, particularly in the Defense and In-Flight Connectivity sectors [3] Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications, with over 35 years of experience in developing technology solutions for satellite and ground connectivity [4][5] - The company offers a comprehensive portfolio that includes high-performance satellite terminals, advanced antennas, and integrated ground systems for both commercial and defense markets [5][6] - Gilat's products support various applications, including government and defense, in-flight connectivity, broadband access, and critical infrastructure, while adhering to stringent service level requirements [6]