Gilat Receives First Orders for Its SR300 New Tri-Band, Low-Profile, Satcom-on-the-Move Antenna From Exelis
March 18 2015 - 12:35PM
Gilat Satellite Networks Ltd. (Nasdaq:GILT) (TASE:GILT), a
worldwide leader in satellite networking technology, solutions and
services, announced today that Exelis, a diversified, top-tier
global aerospace, defense, information and services company,
ordered its first procurement of tri-band SR300 Satcom-on-the-move
(SOTM) antennas from Gilat.
According to its February 23rd announcement, Exelis received a
contract to provide the US Army with on-the-move connectivity based
on low-profile satellite antennas developed by Gilat. Read the full
press release at
http://www.exelisinc.com/News/PressReleases/Pages/Exelis-receives-7.6M-contract-to-provide-US-Army-on-the-move-connectivity-with-low-profile-satellite-antennas.aspx
Exelis' Global Network on the Move-Active Distribution (GNOMAD)
is a system providing broadband, SOTM networked command and control
connectivity. The GNOMAD antenna consists of Gilat's RaySat SR300
antenna, Wavestream BUC and an innovative, military-grade Antenna
Control Unit (ACU) designed by Gilat to power both the antenna and
the BUC.
With reduced size, weight and power profiles, SR300 antennas
support three frequency bands: X, Ku and Ka. Weighing only 16
kilograms, they can be removed and replaced in a matter of minutes
for increased flexibility in the field.
"Gilat's SOTM antennas – which are differentiated by tri-band
support and reduced size, weight and power profiles – are ideal for
military and emergency vehicles, where speed is of the essence,"
explained Nick Bobay, president of the Exelis Night Vision and
Communications Solutions division. "This new antenna brings even
greater capability to GNOMAD and the Soldiers using this SATCOM on
the Move system in the battlefield."
"Exelis is a leader in satellite network technology for the US
military and its international allies," stated Erez Antebi, Gilat's
CEO. "It is an honor for us to have been chosen to develop the
antenna for its GNOMAD system and we look forward to continued
collaboration moving forward."
About Exelis
Exelis is a diversified, top-tier global aerospace, defense,
information and services company that leverages a 50-year legacy of
deep customer knowledge and technical expertise to deliver
affordable, mission-critical solutions for global customers. Exelis
is a leader in positioning and navigation, sensors, air traffic
management solutions, image processing and distribution,
communications and information systems; and focused on strategic
growth in the areas of critical networks, ISR and analytics,
electronic warfare and composite aerostructures. Headquartered
in McLean, Virginia, Exelis employs approximately 10,000 people and
generated 2014 sales of approximately $3.3 billion. For more
information, visit www.exelisinc.com.
About Gilat
Gilat Satellite Networks Ltd (Nasdaq:GILT) (TASE:GILT) is a
leading provider of products and services for satellite-based
broadband communications. Gilat develops and markets a wide range
of high-performance satellite ground segment equipment and VSATs,
with an increasing focus on the consumer and Ka-band market. In
addition, Gilat enables mobile SOTM (Satellite-on-the-Move)
solutions providing low-profile antennas, next generation
solid-state power amplifiers and modems. Gilat also provides
managed network and satellite-based services for rural telephony
and Internet access via its subsidiaries in Peru and Colombia.
With over 25 years of experience, and over a million products
shipped to more than 90 countries, Gilat has provided enterprises,
service providers and operators with efficient and reliable
satellite-based connectivity solutions, including cellular
backhaul, banking, retail, e-government and rural communication
networks. Gilat also enables leading defense, public security and
news organizations to implement advanced, on-the-move tactical
communications on board their land, air and sea fleets using
Gilat's high-performance SOTM solutions. Gilat is a company under
the control of the FIMI Private Equity Funds. For more information,
please visit us at 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. 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.
CONTACT: Gilat Satellite Networks
Joelle Inowlocki
JoelleI@gilat.com
KCSA Strategic Communications
Phil Carlson, Vice President
(212) 896-1233
pcarlson@kcsa.com
Thomas Mei, Account Executive
(212) 896-1208
tmei@kcsa.com
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