Gilat Awarded Multimillion-Dollar Contract for SATCOM Expansion on Trains in Asia-Pacific
Gilat Satellite Networks Ltd. (NASDAQ: GILT) has secured a multimillion-dollar contract to enhance satellite communication capabilities in Asia-Pacific trains. The contract involves the deployment of Gilat's ER7000 SATCOM On-The-Move antennas, ensuring continuous internet access for passengers. These antennas are recognized for their reliable broadband connectivity and efficiency, crucial for real-time communication. Gilat aims to leverage this project for future growth, illustrating its commitment to improving transportation networks and passenger services.
- Awarded a multimillion-dollar contract for SATCOM capabilities on trains.
- Deployment of ER7000 antennas enhances internet access for passengers.
- Antennas are recognized for reliable, high-performance broadband connectivity.
- None.
Antennas from Gilat to enable satellite-based internet for passenger trains
PETAH TIKVA, Israel, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the company was awarded a multimillion-dollar contract for the expansion of satellite communications (SATCOM) capabilities on trains in Asia-Pacific.
Gilat's ER7000 SATCOM On-The-Move antennas were chosen by a leading integrator, for installation on trains to provide continuous internet access to passengers travelling across the Asia-Pacific region.
Throughout the world, Gilat's field-proven ER7000 antennas have been successfully deployed to empower SATCOM On-The-Move applications. They provide reliable, high-performance broadband connectivity for vehicles and rail travel, maximizing throughput with high efficiency in a low-profile system with minimal size and weight. These features make the ER7000 ideally suited for these applications, enabling real-time broadband satellite communications for video, voice, and data transfer.
"For many applications, SATCOM on-the-move is the only choice for reliable, continuous, and quickly deployable broadband connectivity. This project is an excellent example of how Gilat antenna systems can be used to provide better management of complex transportation networks, as well as reliable internet coverage for passengers," said Amir Yafe, VP of Mobility & Global Accounts at Gilat. "We are excited with the prospect of working on more projects like these to be deployed in the future."
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications.
With over 30 years of experience, we create and deliver deep technology solutions for satellite, ground and new space connectivity and provide comprehensive end-to-end solutions and services, 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.
Delivering high value solutions, our portfolio is comprised of a cloud-based platform and high performance satellite terminals designed to work in harmony with satellite constellations, including Very High Throughput Satellites (VHTS) and Software-Defined Satellites (SDS) in multiple orbits; high performance Satellite On-the-Move (SOTM) antennas; and highly efficient, high-power Solid State Power 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, mobility, cellular backhaul, military, government, and enterprise, 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
EK Global IR
Ehud Helft, Managing Partner
ehud@ekgir.com
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