Gilat wins $15 Million in satellite communications orders

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Gilat wins $15 Million in satellite communications orders

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Gilat wins $15 Million in satellite communications orders
by Erica Marchand
Paris, France (SPX) Oct 16, 2024
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a global leader in satellite networking solutions, has secured around $15 million in orders from major satellite operators. The orders cover the company's advanced communication systems designed for GEO, MEO, and LEO satellite constellations, with delivery planned over the next 18 months.

The new contracts emphasize Gilat's strong partnerships with leading industry operators, further solidifying its status as a key supplier of advanced satellite technology. The company's solutions play a vital role in providing connectivity and supporting various enterprise services around the world.

"We are witnessing continuous demand for our innovative satellite communications solutions, as operators continue to expand their networks to meet the increasing needs of users worldwide," said Hagay Katz, Chief Product and Marketing Officer. "Our portfolio ensures future-ready connectivity, serving diverse markets and applications with unparalleled reliability and reach."

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