Gilat's $42 Million Orders Advance SkyEdge IV Connectivity Solutions

Gilat Satellite Networks Secures Major Orders

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) has recently announced a significant achievement in its Commercial Division by securing orders worth $42 million from a prominent satellite operator. These orders primarily focus on the multi-orbit SkyEdge IV platform, which showcases Gilat's commitment to enhancing connectivity solutions.

Expansion of SkyEdge IV Platform

The orders are expected to enhance the global deployment of the SkyEdge IV platform, a preferred choice among satellite operators aiming to provide advanced connectivity in a multi-orbit environment. This innovative platform is crucial for industries requiring robust communication solutions and flexibility.

Broad Applications of SkyEdge IV

SkyEdge IV supports various essential applications, including In-Flight Connectivity (IFC), maritime mobility, enterprise broadband, and cellular backhaul. The growing adoption of IFC is particularly noteworthy, driven by the swift implementation of free Wi-Fi on commercial flights, resulting in increased investments in satellite infrastructure. With its scalable and efficient design, SkyEdge IV allows operators to meet the escalating demand for swift, reliable broadband access worldwide.

Confidence from Satellite Operators

Ron Levin, President of Gilat's Commercial Division, expressed the importance of these orders, highlighting the strong trust that satellite operators have in Gilat’s ground technology to cater to the rising demand for connectivity. The continued evolution of the connected world is significantly influenced by the capabilities of the SkyEdge IV platform in facilitating IFC and other mobility applications.

About Gilat Satellite Networks

With a legacy of over 35 years, Gilat Satellite Networks has established itself as a leading provider of satellite-based broadband communications. The company develops advanced technology solutions for satellite, ground, and new space connectivity, aiming to deliver next-generation services for both commercial and defense sectors. Gilat is dedicated to ensuring connectivity for all, striving to extend communication solutions to even the most remote areas of the world.

Comprehensive Technology Solutions

In addition to its flagship products, Gilat, along with subsidiaries such as Gilat Wavestream and Gilat DataPath, offers integrated high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS). Their extensive offerings include cloud-based platforms, high-performance satellite terminals, advanced antennas, and integrated ground systems tailored for commercial and defense markets.

Supporting a Variety of Applications

Gilat’s innovative solutions cater to a diverse range of applications, such as government and defense operations, In-Flight Connectivity, broadband access, and critical infrastructure support. They emphasize meeting stringent service level requirements to maintain trust and reliability.

Commitment to Enhancing Connectivity

Gilat Satellite Networks continues to demonstrate its commitment to improving global connectivity and ensuring that robust communication solutions are readily available to various markets and regions. By leveraging advanced satellite technologies, Gilat is positioning itself to meet the dynamic needs of tomorrow’s connected world.

Frequently Asked Questions

What is Gilat Satellite Networks known for?

Gilat Satellite Networks is recognized for its advanced satellite-based broadband communications and solutions, supporting various applications globally.

What is the significance of the SkyEdge IV platform?

SkyEdge IV is a versatile platform favored for providing next-generation connectivity across various sectors, including maritime, enterprise, and in-flight services.

How long will it take to deliver the recent SkyEdge IV orders?

The delivery of the recent orders is planned over the next 12 months, reflecting the company’s efficient operational capabilities.

Who expressed confidence in Gilat's technology?

Ron Levin, the President of the Commercial Division, emphasized the strong confidence satellite operators have in Gilat’s technology.

What is Gilat’s mission regarding connectivity?

Gilat is committed to ensuring that everyone, regardless of location, has access to reliable communication solutions, thus reinforcing their global connectivity mission.

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