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 è 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 più applicazioni, tra cui marittimo, backhaul cellulare e soluzioni aziendali. Queste piattaforme consentono un'integrazione multi-orbita senza soluzione di continuità e sono utilizzate dai principali operatori satellitari in tutto il mondo.
Gilat Satellite Networks (NASDAQ, TASE: GILT) ha asegurado 9 millones de dólares en pedidos de importantes operadores de satélites para sus plataformas y servicios SkyEdge IV y SkyEdge II-c. La entrega está programada para los próximos 12 meses.
Los pedidos destacan la posición de Gilat en proporcionar soluciones de comunicaciones satelitales multi-órbita. Las Plataformas SkyEdge están diseñadas para ofrecer comunicaciones satelitales de alto rendimiento en múltiples aplicaciones, incluyendo marítimas, backhaul celular y soluciones empresariales. Estas plataformas permiten una integración multi-órbita sin problemas y son utilizadas por los principales operadores de satélites en todo el mundo.
Gilat 위성 네트워크 (NASDAQ, TASE: GILT)는 주요 위성 운영자로부터 SkyEdge IV 및 SkyEdge II-c 플랫폼과 서비스에 대해 900만 달러의 주문을 확보했습니다. 납품은 향후 12개월 이내에 예정되어 있습니다.
이번 주문은 다중 궤도 위성 통신 솔루션을 제공하는 Gilat의 입지를 강조합니다. SkyEdge 플랫폼은 해양, 셀룰러 백홀 및 기업 솔루션을 포함한 다양한 응용 프로그램에서 고성능 위성 통신을 제공하도록 설계되었습니다. 이러한 플랫폼은 원활한 다중 궤도 통합을 가능하게 하며, 전 세계 주요 위성 운영자에 의해 사용됩니다.
Gilat Satellite Networks (NASDAQ, TASE: GILT) a sécurisé 9 millions de dollars en commandes auprès de grands opérateurs de satellites pour ses plateformes et services SkyEdge IV et SkyEdge II-c. La livraison est prévue dans les 12 mois à venir.
Les commandes soulignent la position de Gilat dans la fourniture de solutions de communication par satellite multi-orbite. Les Plateformes SkyEdge sont conçues pour offrir des communications par satellite haute performance à travers plusieurs applications, y compris maritimes, retour cellulaire et solutions d'entreprise. Ces plateformes permettent une intégration multi-orbite fluide et sont utilisées par des opérateurs de satellites de premier plan dans le monde entier.
Gilat Satellite Networks (NASDAQ, TASE: GILT) hat 9 Millionen Dollar an Aufträgen von großen Satellitenbetreibern für die SkyEdge IV und SkyEdge II-c Plattformen und Dienstleistungen gesichert. Die Lieferung ist innerhalb der nächsten 12 Monate geplant.
Die Aufträge unterstreichen die Position von Gilat als Anbieter von Multi-Orbit-Satellitenkommunikationslösungen. Die SkyEdge-Plattformen sind darauf ausgelegt, leistungsstarke Satellitenkommunikation über verschiedene Anwendungen hinweg bereitzustellen, einschließlich maritimer Anwendungen, cellularer Rückleitung und Unternehmenslösungen. Diese Plattformen ermöglichen eine nahtlose Multi-Orbit-Integration und werden von führenden 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’s 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’s leading satellite operators use Gilat’s 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.
“We are excited to support satellite operators around the world and being a leading supplier for multi-orbit solutions,” said Hagay Katz, Chief Product and Marketing Officer at Gilat. “Our 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.”
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’s 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: http://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, 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, 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’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
Hagay Katz, Chief Products and Marketing Officer
hagayk@gilat.com
Alliance Advisors:
GilatIR@allianceadvisors.com
Phone: +1 212 838 3777
FAQ
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