Core Insights - Gilat Satellite Networks Ltd. has secured a $40 million contract for its virtualized SkyEdge IV platform, which is designed with a cloud-native architecture and is ready for future 5G-NTN standards, marking a significant advancement in satellite ground network transformation [1][2][3] Company Overview - Gilat Satellite Networks is a leading global provider of satellite-based broadband communications with over 35 years of experience, focusing on deep technology solutions for satellite, ground, and new space connectivity [4][5] Product and Technology Development - The SkyEdge IV platform is fully virtualized and utilizes the DIFI digital interface open standard, providing unprecedented adaptability, scalability, and efficiency for satellite operators [2][3] - The deployment of the SkyEdge IV platform is a crucial step in Gilat's evolution plan towards 5G NTN, promising ubiquitous connectivity across terrestrial and non-terrestrial networks and creating new revenue streams from emerging use cases [3][4] Market Applications - Gilat's products support various applications including government and defense, broadband access, cellular backhaul, and critical infrastructure, meeting stringent service level requirements [5][6]