PETAH TIKVA, Israel, Feb. 5,
2018 /PRNewswire/ -- Gilat Satellite Networks Ltd. (NASDAQ:
GILT) (TASE: GILT), a worldwide leader in satellite networking
technology, solutions and services, announces that
NBN Co and Speedcast have selected Gilat's satellite
platform for its Business and Enterprise Satellite Service (BESS)
for businesses in Australia. The
BESS network solution will utilize the nbn™ Sky Muster™ Ka-band
multi-beam satellites. Gilat technology is a major element in
Speedcast's managed service offering to NBN Co. Gilat is
responsible for the supply, configuration and specialist
operational support of the satellite network platform and is
responsible for meeting Speedcast's strict service levels for this
project. The expected revenue for this project is tens of millions
of dollars over a period of several years.
Gilat's satellite solution will support the vision of extending
business grade services to regional Australia. NBN Co's BESS project will
assist Australia's regional and
rural businesses growth through broadband connectivity to
e-commerce and the global economy. This project will meet the
demand for broadband bandwidth services for businesses and
government customers, throughout regional and rural Australia.
Gilat's proven global leadership in regional and rural broadband
connectivity leverages Gilat's innovative technology and global
services. The heart of the solution is our cloud-based distributed
X-Architecture that has been optimized for HTS and will be
integrated into NBN Co's ten satellite-gateways
infrastructure. Our underlying multi-service SkyEdge II-c platform
supports enterprise, cellular backhaul and mobility services. The
platform delivers high spectral efficiency and optimized space
segment via advanced DVB-S2X waveform and Gilat's innovative LDPC
based fast adaptive return access scheme. To increase the network
resiliency the platform is deployed with gateway and data center
diversity.
"We have chosen to partner with Gilat due its strong track
record in providing satellite technology in Australia and to NBN Co in particular,"
said Erwan Emilian EVP, Enterprise & Emerging Markets,
Speedcast. "Gilat's satellite platform is the most suitable for
NBN Co's objective to provide an Enterprise grade service
throughout the country."
"Gilat is proud of being selected once again to serve NBN
Co's Business and Enterprise Satellite Service, in sites
throughout regional and rural Australia, further materializing our vision to
bring plentiful affordable quality broadband to unserved and
underserved areas around the world," said Oded Sheshinski, RVP
Asia-Pacific at Gilat. "Gilat and Speedcast have a history of
cooperation in Australia and I am
confident that we will deliver the best possible outcome for this
project over the next 10 years, meeting NBN Co's strict
SLA."
About Speedcast International Limited
Speedcast International Ltd (ASX: SDA) is the world's most
trusted provider of highly-reliable, fully-managed, end-to-end
remote communication and IT solutions. The company utilizes an
extensive worldwide footprint of local support, infrastructure and
coverage to design, integrate, secure and optimize networks
tailored to customer needs. With differentiated technology,
an intense customer focus and a strong safety culture, Speedcast
serves more than 2,000 customers in over 140 countries via 39
teleports, including offshore rigs and cruise ships, 10,000+
maritime vessels and 4,500+ terrestrial sites. Speedcast
supports mission-critical applications in industries such as
maritime, oil and gas, enterprise, media, cruise and
government. Learn more at www.Speedcast.com.
About NBN Co
NBN Co was established in 2009 to design, build and
operate Australia's new fast,
wholesale local access broadband network. Underpinned by a purpose
to connect Australia and bridge
the digital divide, NBN Co's key objective is to ensure all
Australians have access to fast broadband as soon as possible, at
affordable prices, and at least cost. Launched in late
April 2016, the nbn™ Sky Muster™
satellite service is designed to deliver a revolution in broadband
in regional and remote Australia.
The service is based on two state-of-the-art satellites designed
specifically to provide broadband to Australia's hard to reach places. NBN
Co is wholly owned by the Commonwealth of Australia as a Government Business Enterprise
(GBE), incorporated under the Corporations Act 2001 and operated in
accordance with the Public Governance, Performance and
Accountability Act 2013 (PGPA Act).
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT) (TASE: GILT) is a
leading global provider of satellite-based broadband
communications. With 30 years of experience, we design and
manufacture cutting-edge ground segment equipment, and provide
comprehensive solutions and end-to-end services, powered by our
innovative technology. Delivering high value competitive solutions,
our portfolio comprises of a cloud based VSAT network platform,
high-speed modems, high performance on-the-move antennas and high
efficiency, high power Solid State Amplifiers (SSPA) and Block
Upconverters (BUC).
Gilat's comprehensive solutions support multiple applications with
a full portfolio of products to address key applications including
broadband access, cellular backhaul, enterprise, in-flight
connectivity, maritime, trains, defense and public safety, all
while meeting the most stringent service level requirements. Gilat
controlling shareholders are the FIMI Private Equity Funds.
For more information, please visit:
www.gilat.com
Certain statements made herein that are not historical
are forward-look ng 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. We undertake no
obligation to update or revise any forward-looking statements for
any reason. 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
Doreet Oren
DoreetO@gilat.com
Comm-Partners LLC
June Filingeri, President
203-972-0186
junefil@optonline.net
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SOURCE Gilat Satellite Networks