Gilat Receives $9 Million in Orders for Multi-Orbit SkyEdge Platforms
Gilat Satellite Networks (NASDAQ, TASE: GILT) has secured $9 million in orders from major satellite operators for its SkyEdge IV and SkyEdge II-c platforms and services. The delivery is scheduled within the next 12 months.
The orders highlight Gilat's position in providing multi-orbit satellite communications solutions. The SkyEdge platforms are designed to deliver high-performance satellite communications across multiple applications, including maritime, cellular backhaul, and enterprise solutions. These platforms enable seamless multi-orbit integration and are utilized by leading satellite operators worldwide.
Gilat Satellite Networks (NASDAQ, TASE: GILT) ha ottenuto 9 milioni di dollari in ordini da importanti operatori satellitari per le sue piattaforme e servizi SkyEdge IV e SkyEdge II-c. La consegna 猫 prevista entro i prossimi 12 mesi.
Gli ordini evidenziano la posizione di Gilat nel fornire soluzioni di comunicazione satellitare multi-orbita. Le Piattaforme SkyEdge sono progettate per offrire comunicazioni satellitari ad alte prestazioni su pi霉 applicazioni, tra cui marittimo, backhaul cellulare e soluzioni aziendali. Queste piattaforme consentono un'integrazione multi-orbita senza soluzione di continuit脿 e sono utilizzate dai principali operatori satellitari in tutto il mondo.
Gilat Satellite Networks (NASDAQ, TASE: GILT) ha asegurado 9 millones de d贸lares en pedidos de importantes operadores de sat茅lites para sus plataformas y servicios SkyEdge IV y SkyEdge II-c. La entrega est谩 programada para los pr贸ximos 12 meses.
Los pedidos destacan la posici贸n de Gilat en proporcionar soluciones de comunicaciones satelitales multi-贸rbita. Las Plataformas SkyEdge est谩n dise帽adas para ofrecer comunicaciones satelitales de alto rendimiento en m煤ltiples aplicaciones, incluyendo mar铆timas, backhaul celular y soluciones empresariales. Estas plataformas permiten una integraci贸n multi-贸rbita sin problemas y son utilizadas por los principales operadores de sat茅lites en todo el mundo.
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Gilat Satellite Networks (NASDAQ, TASE: GILT) a s茅curis茅 9 millions de dollars en commandes aupr猫s de grands op茅rateurs de satellites pour ses plateformes et services SkyEdge IV et SkyEdge II-c. La livraison est pr茅vue dans les 12 mois 脿 venir.
Les commandes soulignent la position de Gilat dans la fourniture de solutions de communication par satellite multi-orbite. Les Plateformes SkyEdge sont con莽ues pour offrir des communications par satellite haute performance 脿 travers plusieurs applications, y compris maritimes, retour cellulaire et solutions d'entreprise. Ces plateformes permettent une int茅gration multi-orbite fluide et sont utilis茅es par des op茅rateurs de satellites de premier plan dans le monde entier.
Gilat Satellite Networks (NASDAQ, TASE: GILT) hat 9 Millionen Dollar an Auftr盲gen von gro脽en Satellitenbetreibern f眉r die SkyEdge IV und SkyEdge II-c Plattformen und Dienstleistungen gesichert. Die Lieferung ist innerhalb der n盲chsten 12 Monate geplant.
Die Auftr盲ge unterstreichen die Position von Gilat als Anbieter von Multi-Orbit-Satellitenkommunikationsl枚sungen. Die SkyEdge-Plattformen sind darauf ausgelegt, leistungsstarke Satellitenkommunikation 眉ber verschiedene Anwendungen hinweg bereitzustellen, einschlie脽lich maritimer Anwendungen, cellularer R眉ckleitung und Unternehmensl枚sungen. Diese Plattformen erm枚glichen eine nahtlose Multi-Orbit-Integration und werden von f眉hrenden Satellitenbetreibern weltweit genutzt.
- Secured new orders worth $9 million
- Delivery scheduled within next 12 months, indicating near-term revenue recognition
- Expanding presence in multi-orbit satellite communications market
- None.
Insights
Looking at the competitive landscape, this order reinforces Gilat's market position against key competitors like Hughes Network Systems and ST Engineering iDirect. The SkyEdge platform's versatility across maritime, cellular backhaul and enterprise solutions indicates strong product-market fit and potential for recurring revenue through services and upgrades. While the order size is modest relative to the total addressable market, it demonstrates continued commercial momentum and validates Gilat's technology roadmap in the evolving satellite communications industry.
In simple terms, think of these platforms as universal translators that can communicate with different types of satellites simultaneously - whether they're positioned high above Earth (GEO) or in lower orbits (LEO/MEO). This flexibility is important as the satellite industry moves toward a hybrid network model.
The maritime and cellular backhaul applications are particularly noteworthy, as these sectors require highly reliable connections in challenging environments. The platform's ability to seamlessly switch between different satellite constellations ensures continuous connectivity - similar to how your mobile phone switches between cell towers, but on a much more complex scale. This technological edge positions Gilat favorably as the satellite industry continues its rapid evolution toward more sophisticated, integrated networks.
Gilat鈥檚 SkyEdge IV and SkyEdge II-c Platforms are used to deliver the widest range of connectivity applications
PETAH TIKVA, Israel, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company has received
The world鈥檚 leading satellite operators use Gilat鈥檚 cutting-edge SkyEdge technology to provide unparalleled connectivity across multiple satellite constellations. SkyEdge platforms are designed to deliver robust, high-performance satellite communications for a variety of applications, including maritime, cellular backhaul and enterprise solutions.
鈥淲e are excited to support satellite operators around the world and being a leading supplier for multi-orbit solutions,鈥� said Hagay Katz, Chief Product and Marketing Officer at Gilat. 鈥淥ur SkyEdge platforms were designed to meet the demands of next-generation networks, ensuring seamless multi-orbit integration. These orders underscore our dedication to innovation and our ability to empower satellite operators with the flexibility and scalability required to address diverse market needs.鈥�
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 create and deliver deep technology solutions for satellite, ground, and new space connectivity and provide comprehensive, secure end-to-end solutions and services for mission-critical operations, powered by our innovative technology. 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.
Our portfolio includes a diverse offering to deliver high-value solutions for multiple orbit constellations with very high throughput satellites (VHTS) and software-defined satellites (SDS). Our offering is comprised of a cloud-based platform and high-performance satellite terminals; high-performance Satellite On-the-Move (SOTM) antennas; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense, field services, network management software, and cybersecurity services.
Gilat鈥檚 comprehensive offering supports multiple applications with a full portfolio of products and tailored solutions to address key applications including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit:
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 鈥渆stimate鈥�, 鈥減roject鈥�, 鈥渋ntend鈥�, 鈥渆xpect鈥�, 鈥渂elieve鈥� 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鈥檚 products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat鈥檚 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鈥檚 proprietary technology and risks associated with Gilat鈥檚 international operations and its location in Israel, including those related to the current terrorist attacks by Hamas, and the war and hostilities between Israel and Hamas and Israel and Hezbollah. For additional information regarding these and other risks and uncertainties associated with Gilat鈥檚 business, reference is made to Gilat鈥檚 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 Products and Marketing Officer
Alliance Advisors:
Phone: +1 212 838 3777
FAQ
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