Gilat Receives Approximately $5 Million in Orders from US Defense Customers
Gilat Satellite Networks (Nasdaq: GILT) has secured contracts worth approximately $5 million from multiple U.S. defense organizations. The company will provide advanced satellite communications (SATCOM) technologies and services to enhance mission-critical connectivity for defense applications. The deliverables include X, Ku, and Ka-band Block Upconverters (BUCs) for Communications-on-the-Move (COTM) systems, along with test and evaluation, repair, upgrades, engineering services, and field service. Delivery is expected within the coming months.
Gilat Satellite Networks (Nasdaq: GILT) ha ottenuto contratti del valore di circa 5 milioni di dollari da diverse organizzazioni della difesa statunitensi. L'azienda fornirà tecnologie e servizi avanzati di comunicazione satellitare (SATCOM) per migliorare la connettività cruciale per le applicazioni di difesa. Le forniture includono convertitori di blocco (BUC) a bande X, Ku e Ka per sistemi di Comunicazione in Movimento (COTM), insieme a servizi di test e valutazione, riparazione, aggiornamenti, servizi ingegneristici e assistenza sul campo. La consegna è prevista nei prossimi mesi.
Gilat Satellite Networks (Nasdaq: GILT) ha logrado contratos por un valor de aproximadamente 5 millones de dólares de múltiples organizaciones de defensa de EE. UU. La empresa proporcionará tecnologías y servicios avanzados de comunicaciones por satélite (SATCOM) para mejorar la conectividad crítica en aplicaciones de defensa. Las entregas incluyen convertidores de bloque (BUC) de bandas X, Ku y Ka para sistemas de Comunicaciones en Movimiento (COTM), junto con servicios de prueba y evaluación, reparación, actualizaciones, servicios de ingeniería y servicio de campo. Se espera que la entrega se realice en los próximos meses.
Gilat Satellite Networks (Nasdaq: GILT)는 여러 미국 방위 기관으로부터 약 500만 달러 규모의 계약을 체결했습니다. 이 회사는 방위 응용 프로그램의 임무 중심 연결성을 향상시키기 위해 첨단 위성 통신(SATCOM) 기술 및 서비스를 제공합니다. 제공 품목에는 이동 통신 시스템(Communications-on-the-Move, COTM)을 위한 X, Ku, Ka 밴드 블록 업컨버터(BUC)가 포함되며, 테스트 및 평가, 수리, 업그레이드, 엔지니어링 서비스 및 현장 서비스도 포함됩니다. 배송은 향후 몇 달 이내에 이루어질 것으로 예상됩니다.
Gilat Satellite Networks (Nasdaq: GILT) a obtenu des contrats d'une valeur d'environ 5 millions de dollars de plusieurs organisations de défense américaines. L'entreprise fournira des technologies et des services avancés de communications par satellite (SATCOM) pour améliorer la connectivité critique pour les applications de défense. Les livrables comprennent des convertisseurs de fréquences (BUC) en bandes X, Ku et Ka pour les systèmes de Communications en Mouvement (COTM), ainsi que des services de test et d'évaluation, de réparation, de mise à niveau, de services d'ingénierie et de service sur le terrain. La livraison est attendue dans les mois à venir.
Gilat Satellite Networks (Nasdaq: GILT) hat Verträge im Wert von etwa 5 Millionen Dollar von mehreren US-Verteidigungsorganisationen gesichert. Das Unternehmen wird fortschrittliche Satellitenkommunikations(SATCOM)-Technologien und -Dienstleistungen bereitstellen, um die mission-critical Konnektivität für Verteidigungsanwendungen zu verbessern. Zu den Lieferungen gehören X-, Ku- und Ka-Band Block Upconverter (BUC) für Communications-on-the-Move (COTM)-Systeme sowie Test- und Evaluierungsdienste, Reparaturen, Upgrades, Ingenieurdienstleistungen und Außendienst. Die Lieferung wird in den kommenden Monaten erwartet.
- Secured new defense contracts worth $5 million
- Orders expected to be delivered within months, indicating near-term revenue
- None.
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The timing is particularly relevant given the increasing global demand for secure, mobile military communications. While the
Gilat’s Strategic Focus on Defense Strengthened by Recent Wins for Advanced Mission Critical SATCOM Solutions
PETAH TIKVA, Isreal, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it has been awarded contracts valued at approximately
The equipment and services provided will ensure reliable, high-performance communication in a variety of challenging environments. Gilat will supply X, Ku, and Ka-band Block Upconverters (BUCs) for Communications-on-the-Move (COTM) systems, along with test and evaluation, repair, upgrades and engineering services, and field service.
“We are honored to support U.S. defense organizations with our cutting-edge SATCOM technology and full suite of essential services that meet the stringent requirements of mission-critical defense operations,” said Nicole Robinson, President of DataPath. “These orders reflect the confidence our defense customers place in our comprehensive approach to SATCOM connectivity, ensuring they remain connected in even the most challenging environments.”
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: 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
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