Gilat Announces $40 Million Contract for SkyEdge IV Expansion
Gilat Satellite Networks Lands Major Contract
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) continues to make waves in the satellite communication industry by securing a significant contract worth $40 million for its innovative SkyEdge IV platform. This contract highlights the company's commitment to leading advancements in satellite networking technology and is expected to roll out its solutions in the coming two years.
The Revolutionary SkyEdge IV Platform
The SkyEdge IV platform is designed with cutting-edge cloud-native architecture, positioning it to meet the emerging requirements for 5G Non-Terrestrial Networks (5G-NTN). This advancement represents a vital evolution in the field of satellite ground networks, ultimately catering to the increasing demands for modern connectivity from satellite operators and service providers.
A New Era for Satellite Connectivity
This noteworthy contract signals a matured strategy behind Gilat's SkyEdge IV platform, which has made strides to become fully virtualized and cloud-based, utilizing the DIFI digital interface open standard. With this software, satellite operators can enjoy outstanding adaptability, scalability, and efficiency, facilitating quicker deployment across diverse infrastructures.
Transforming the Future
The advancements associated with this contract are pivotal as they contribute significantly to the broader vision for the SkyEdge IV evolution plan dedicated to 5G NTN. As the demand for seamless connectivity grows, Gilat’s approach underscores its aim to create an open ecosystem for the satellite communication domain and unlock new revenue avenues via diverse use case implementations.
Gilat's Commitment to Innovation
“We are thrilled to advance software-defined satellite technology, embodying a virtualized ground segment architecture,” expressed Ron Levin, President of the Commercial Division at Gilat. He emphasized that this jump starts a vigorous research and development trajectory aimed at realizing a 5G-NTN standard platform along with the introduction of innovative services.
Understand More About Gilat
Founded over 35 years ago, Gilat Satellite Networks Ltd. has emerged as a foremost provider of satellite broadband communications globally. By continuously advancing technology solutions, it plays a vital role in bridging connectivity gaps in both commercial and defense sectors. Gilat is driven by a strong belief in the right to connect people anywhere, and its solutions support multiple applications from government and defense to private broadband access.
Wide-Ranging Capabilities
Gilat, alongside its wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—delivers integrated solutions that support multi-orbit constellations and high-throughput satellites. The company’s extensive offerings include high-performance satellite terminals, advanced antennas, and robust satellite power solutions. Each product is designed to serve various industries and is capable of meeting the strictest service level agreements.
Applications and Markets
Through its products and tailored services, Gilat supports an array of sectors including broadband connectivity, enterprise solutions, media broadcasting, and critical infrastructure—all while adhering to rigorous quality and service standards.
Frequently Asked Questions
What is the SkyEdge IV platform designed for?
The SkyEdge IV platform is engineered for high adaptability and efficiency in satellite communications, emphasizing cloud-native architecture suitable for future 5G networks.
How much is the contract valued at?
The contract is valued at $40 million, focusing on the delivery and implementation of the SkyEdge IV platform.
What markets does Gilat serve?
Gilat serves multiple markets including government, defense, broadband access, and critical infrastructure, providing customized solutions for each sector.
Who is the President of the Commercial Division at Gilat?
Ron Levin serves as the President of the Commercial Division at Gilat Satellite Networks.
Where can I find more information about Gilat?
For additional details regarding Gilat and its offerings, you can visit their official site.
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