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Gilat Awarded Follow-On Orders to Expand Defense Force SATCOM Network in an Asian Nation

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Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) has announced follow-on orders to expand a defense force satellite communication (SATCOM) network in an Asian nation. This order includes the deployment of Gilat's SkyEdge II-c hubs and Capricorn VSATs, enhancing communication for emergency response and critical C4I needs. The expansion is driven by the network's improved performance. Michal Aharonov, Chief Commercial Officer, highlighted the company's role as a reliable partner in providing secure SATCOM solutions.

Positive
  • Follow-on orders indicate strong demand for Gilat's SATCOM technology.
  • Enhancements in communication capabilities for emergency and disaster response.
  • Recognition as a reliable partner for defense forces.
Negative
  • None.

PETAH TIKVA, Israel, July 07, 2022 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today it was awarded follow-on orders for the expansion of a defense force satellite communication (SATCOM) network in an Asian nation.

Gilat's SkyEdge II-c hubs and Capricorn VSATs are being deployed to serve the specialized needs of the customer.

This additional equipment, which will be used to expand tactical SATCOM solutions for mobile platforms, will increase the availability of communication channels for emergency and disaster response, as well as address mission-critical C4I needs.

“The improved performance of the customer network, with the successful deployment of Gilat’s state-of-the-art system, resulted in the requirement for additional network expansion,” said Michal Aharonov, Chief Commercial Officer at Gilat. “We’re proud to be recognized as a reliable partner, providing superior technology and highly secure SATCOM solutions that address the specialized needs of this nation's defense forces.”

About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With 30 years of experience, we design and manufacture cutting-edge ground segment equipment, and provide comprehensive solutions and end-to-end services, powered by our innovative technology. Delivering high value competitive solutions, our portfolio comprises of a cloud based VSAT network platform, high-speed modems, high performance on-the-move antennas and high efficiency, high power Solid State Amplifiers (SSPA) and Block Upconverters (BUC).

Gilat’s comprehensive solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety, all while meeting the most stringent service level requirements. For more information, please visit: 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, risks associated with the outbreak and global spread of the coronavirus (COVID-19) pandemic; 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. 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
Doreet Oren, Senior Director Corporate Communications
DoreetO@gilat.com

GK Investor and Public Relations
Ehud Helft, Managing Partner
ehud@gkir.com


FAQ

What recent orders did Gilat Satellite Networks receive?

Gilat Satellite Networks announced follow-on orders for the expansion of a defense SATCOM network in an Asian nation.

What technology is being deployed by Gilat for the defense network?

Gilat is deploying its SkyEdge II-c hubs and Capricorn VSATs for the network expansion.

What is the purpose of Gilat's SATCOM network expansion?

The expansion aims to improve communication for emergency responses and mission-critical C4I needs.

Who commented on the network expansion at Gilat?

Michal Aharonov, Chief Commercial Officer, commented on the expansion and the company's recognition as a reliable partner.

How does Gilat's technology impact emergency responses?

Gilat's technology enhances the availability of communication channels for effective emergency and disaster response.

Gilat Satellite Networks Ltd

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