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WKN: 886167 | ISIN: IL0010825102 | Ticker-Symbol: GSA
Frankfurt
11.04.25
08:19 Uhr
5,050 Euro
-0,350
-6,48 %
Branche
Netzwerktechnik
Aktienmarkt
Sonstige
1-Jahres-Chart
GILAT SATELLITE NETWORKS LTD Chart 1 Jahr
5-Tage-Chart
GILAT SATELLITE NETWORKS LTD 5-Tage-Chart
RealtimeGeldBriefZeit
5,1505,40013:03
GlobeNewswire (Europe)
348 Leser
Artikel bewerten:
(2)

Gilat Satellite Networks Ltd.: Gilat Receives over $11 Million Defense Contract from a Leading UAV Company

Finanznachrichten News

PETAH TIKVA, Israel, April 09, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today Gilat Defense was awarded a contract exceeding $11 million for DKET 3420 terminals. These portable satellite communication hubs are designed to deliver robust connectivity, scalability, and flexibility for mission-critical operations. Deliveries are scheduled for later in the year.

The DKET 3420 is a field-proven solution designed to meet the demands of mission-critical communications with high reliability and performance. Supporting multi-carrier operations with a scalable modem architecture of up to 32 modems, the DKET 3420 ensures efficient satellite utilization.

"This contract reflects the critical role that Gilat Defense plays in delivering cutting-edge SATCOM solutions for defense applications worldwide," said Gilad Landsberg, President of Gilat Defense. "The newly formed Defense Division is firmly on track to meet and exceed the demanding expectations of our global defense customers, and this award is a testament to that momentum."

"We are proud to secure this significant order, reinforcing the confidence in our technology and our commitment to delivering mission-critical satellite communication solutions to our Defense customers," said Nicole Robinson, President of DataPath. "Our DKET terminals offer high-performance, portable network hubs that address the evolving needs of our defense customers, ensuring they have the connectivity required to succeed in any environment."

About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Together with our wholly owned subsidiaries-Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu-we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

Gilat's products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat's products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat's products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company's proprietary technology and risks associated with Gilat's international operations and its location in Israel, including those related to the terrorist attacks by Hamas, and the hostilities between Israel and Hamas and Israel and Hezbollah. For additional information regarding these and other risks and uncertainties associated with Gilat's business, reference is made to Gilat's reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:

Gilat Satellite Networks
Hagay Katz, Chief Product and Marketing Officer
hagayk@gilat.com

Alliance Advisors:

GilatIR@allianceadvisors.com
Phone: +1 212 838 3777


© 2025 GlobeNewswire (Europe)
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