Gilat Receives Over $3 Million in Orders to Support LEO Constellations
Gilat Satellite Networks (Nasdaq: GILT) has secured orders exceeding $3 million for its Gateway Solid State Power Amplifiers (SSPAs) from leading service providers. The orders, aimed at supporting Low Earth Orbit (LEO) constellations, are scheduled for delivery within the next 12 months.
The company's high-performance SSPAs are essential components in their product portfolio, providing efficiency, reliability, and performance for LEO constellation requirements. These systems are important for delivering seamless connectivity in demanding environments, particularly where high-power, lightweight, and energy-efficient solutions are necessary.
Gilat Satellite Networks (Nasdaq: GILT) ha ottenuto ordini superiori a 3 milioni di dollari per i suoi Amplificatori di Potenza a Stato Solido per Gateway (SSPA) da parte di importanti fornitori di servizi. Gli ordini, destinati a supportare le costellazioni in orbita bassa terrestre (LEO), sono programmati per la consegna entro i prossimi 12 mesi.
Gli SSPAs ad alte prestazioni dell'azienda sono componenti fondamentali del loro portafoglio prodotti, offrendo efficienza, affidabilità e prestazioni per le esigenze delle costellazioni LEO. Questi sistemi sono importanti per fornire connettività senza interruzioni in ambienti impegnativi, in particolare dove sono necessarie soluzioni ad alta potenza, leggere ed energeticamente efficienti.
Gilat Satellite Networks (Nasdaq: GILT) ha conseguido pedidos que superan los 3 millones de dólares para sus Amplificadores de Potencia de Estado Sólido para Gateway (SSPA) de proveedores de servicios líderes. Los pedidos, destinados a apoyar las constelaciones en órbita baja terrestre (LEO), están programados para ser entregados en los próximos 12 meses.
Los SSPAs de alto rendimiento de la compañía son componentes esenciales en su portafolio de productos, brindando eficiencia, confiabilidad y rendimiento para los requisitos de constelaciones LEO. Estos sistemas son importantes para proporcionar conectividad ininterrumpida en entornos exigentes, especialmente donde se requieren soluciones de alta potencia, ligeras y energéticamente eficientes.
Gilat Satellite Networks (Nasdaq: GILT)는 주요 서비스 제공업체로부터 300만 달러 이상의 게이트웨이 솔리드 스테이트 파워 앰프(SSPA) 주문을 확보했습니다. 이 주문은 저궤도(LEO) 별자리 지원을 목표로 하며, 향후 12개월 이내에 배송될 예정입니다.
회사의 고성능 SSPAs는 제품 포트폴리오에서 필수적인 구성 요소로, LEO 별자리에 필요한 효율성, 신뢰성 및 성능을 제공합니다. 이러한 시스템은 까다로운 환경에서 원활한 연결성을 제공하는 데 중요하며, 특히 고출력, 경량 및 에너지 효율적인 솔루션이 필요한 경우에 사용됩니다.
Gilat Satellite Networks (Nasdaq: GILT) a obtenu des commandes dépassant 3 millions de dollars pour ses Amplificateurs de Puissance à État Solide de Passerelle (SSPA) de la part de grands fournisseurs de services. Les commandes, visant à soutenir les constellations en orbite basse terrestre (LEO), sont prévues pour être livrées dans les 12 mois à venir.
Les SSPAs haute performance de l'entreprise sont des composants essentiels de son portefeuille de produits, offrant efficacité, fiabilité et performance pour les exigences des constellations LEO. Ces systèmes sont importants pour fournir une connectivité sans faille dans des environnements exigeants, en particulier là où des solutions légères, à haute puissance et écoénergétiques sont nécessaires.
Gilat Satellite Networks (Nasdaq: GILT) hat Aufträge im Wert von über 3 Millionen Dollar für seine Gateway Solid State Power Amplifiers (SSPAs) von führenden Dienstleistern erhalten. Die Aufträge, die darauf abzielen, Low Earth Orbit (LEO) Konstellationen zu unterstützen, sind für die Lieferung innerhalb der nächsten 12 Monate geplant.
Die Hochleistungs-SSPAs des Unternehmens sind wesentliche Komponenten ihres Produktportfolios und bieten Effizienz, Zuverlässigkeit und Leistung für die Anforderungen von LEO-Konstellationen. Diese Systeme sind wichtig, um nahtlose Konnektivität in anspruchsvollen Umgebungen zu gewährleisten, insbesondere dort, wo leistungsstarke, leichte und energieeffiziente Lösungen erforderlich sind.
- Secured new orders worth over $3 million
- Orders confirm market position in LEO constellation segment
- 12-month delivery timeline indicates near-term revenue visibility
- None.
Insights
The
The 12-month delivery timeline suggests these orders are part of planned constellation deployments rather than experimental phases, indicating mature market demand. While the
This contract win carries broader market implications beyond its immediate financial impact. The LEO satellite market is projected to grow significantly, driven by increasing demand for global broadband coverage and the proliferation of IoT devices. Gilat's ability to secure orders from multiple service providers demonstrates market validation of their RF technology capabilities and positions them favorably for future growth in this expanding sector.
The timing of these orders aligns with the industry's transition from traditional GEO satellites to LEO constellations, representing a strategic pivot point. While competitors like SpaceX manufacture their components in-house, there remains a substantial market for independent providers like Gilat who can serve multiple constellation operators. The order's modest size relative to Gilat's market cap suggests room for significant growth as LEO deployments accelerate in the coming years.
Orders reinforce Gilat’s position as a key provider of high-performance RF solutions for NGSO networks
PETAH TIKVA, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced orders exceeding
Gilat’s high-performance SSPAs are key components of the company’s innovative product portfolio, offering exceptional efficiency, reliability, and performance. These latest orders underscore the industry’s trust in Gilat’s technology to meet the stringent requirements of LEO constellations, where high-power, lightweight, and energy-efficient solutions are essential to deliver seamless connectivity and optimal performance in the most demanding environments.
“These orders highlight Gilat’s leadership in satellite communication innovation, enabling service providers to expand their capabilities and meet the growing demand for global connectivity,” said Edgar Khachatryan, Gilat Wavestream President & General Manager at Gilat. “With increasing adoption of LEO constellations, Gilat’s SSPAs are well-positioned to play a critical role in powering the next generation of satellite networks.”
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 Gilat’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to the war and hostilities between Israel and Hamas, Hezbollah, Iran and Yemen and the instability in the middle east; and other factors discussed under the heading “Risk Factors” in Gilat’s most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and Gilat undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
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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