Gilat Satellite Networks, a global player in satellite networking technology, solutions and services, has reported its results for the third quarter of 2021. The company reported revenues of $49.9 million (€43.1m), a 34 per cent increase from $37.3 million in Q3 2020 and 12 per cent lower than $56.9 million in the previous quarter. Additional […]
Israel-based Gilat Satellite Networks has received a “multi-million dollar” contract from SES for multiple broadband applications in Latin America. Gilat says its multi-service platform will support SES in cellular telco backhauling, enterprise and Universal Service Obligation (USO) projects, as SES extends services into Latin America with the deployment on new regional hubs. “SES has been […]
Israel-based satellite networking specialist Gilat reported an impressive set of financials on August 10th and a significant recovery given that in-flight communication travel is only just recovering from the pandemic. Gilat says that its revenues of $56.9 million (€48.6m), represent a 49 per cent increase from $38.3 million in Q2 2020 and up 27 per […]
SpaceX is reportedly in talks with several airlines about them utilising its Starlink broadband satellite system on their aircraft. Jonathan Hofeller, SpaceX’s VP of Starlink and commercial sales, told a panel at the Connected Aviation Intelligence Summit on June 9th that Starlink was in talks with several airlines and had carried out “some” demonstrations. Starlink […]
Quilty Analytics has conducted its first examination of prospects for Israel-based Gilat Satellite Networks. The report is overall positive and says Gilat’s growth is returning and recovering from the Covid-related downturn. Gilat is today one the world’s largest suppliers of ground equipment for the cellular backhaul, in-flight connectivity (IFC), and broadband markets. Over the past […]
Israel-based Gilat Satellite Networks has already delivered successful in-orbit testing of its 5G/Low Earth Orbiting VSAT technology. Now marketed as ‘Aquarius’, the system was on board Telesat’s first pair of test satellites and delivered connectivity as the first ever demo of 5G over a LEO satellite, and then the fastest-ever modem speeds of 1.2 Gb/s […]
Israel-based satellite communications business Gilat Satellite Networks reported its results for Q4/2020, and full year ended December 31st 2020. Q4 revenues of $42.6 million versus $78.3 million in Q4 2019 and improved from $37.3 million in the previous quarter. Its GAAP operating income of $62.7 million versus $9.2 million in Q4 2019 and an operating […]
Israel-based satellite technology company Gilat Satellite Networks says it has been awarded a significant contract to supply Solid State power amplifiers for a Low Earth orbit broadband satellite constellation. Gilat says the contract is estimated to be worth more than $50 million and has been awarded to its subsidiary company Wavestream. The announcement does not […]
Gilat Satellite Networks, a major supplier of satellite networking technology, has received a contract from Madrid-based Hispasat to supply cellular backhaul connectivity for Mexico. Hispasat will use Gilat technology to extend the service of Altan La Red Compartida, the shared telecommunications network in Mexico, to over 3 million people in Mexico. Mexico’s underserved rural population […]
Israel-based specialist satellite communications company Gilat, which had hoped to see itself merged by now with Comtech Telecommunications, has reported its Q3 numbers saying its revenue was negatively impacted by the ongoing pandemic, and even more so by the litigation with Comtech. Comtech has agreed to pay Gilat $70 million for terminating its merger commitment. […]