Gilat Awarded Multiple Projects for Armed Forces in Latin America
June 16 2021 - 7:12AM
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a
worldwide leader in satellite networking technology, solutions and
services, announced today that it was awarded multiple projects for
armed forces in Latin America. Turnkey solutions for fixed,
airborne, maritime and mobile military applications are provided in
Latin America with Gilat's leading technology, via its longtime
local partner, Newsat.
Gilat is a global one-stop-shop provider for
defense satellite communication technology which includes Gilat's
SyEdge II-c platform, modems, antenna terminals and BUCs. Gilat
provides multiple fixed and mobile communications solutions in
Latin America to support the General Command, Army, Navy and Air
Force security, diversity and contingency needs, thus providing the
confidence required for special and critical operations. Gilat
works closely with its partner, Newsat, the defense integrator in
Latin America, to provide end-to-end projects, including
installations and remote maintenance to the armed forces.
"Gilat is the solution of choice due to its
unique and efficient technology that provides support for multiple
mobility and fixed applications," said Michal Aharonov, Senior Vice
President Global Broadband Networks at Gilat. "In Latin America,
our longtime local partner, Newsat, brings strong knowledge and
expertise in managing and integrating the complex and battle proven
military projects, leveraging Gilat's equipment for satellite
communication which is specifically tailored to meet a wide variety
of global defense needs.
"Gilat is Newsat's reliable partner for over 15
years, providing a comprehensive and robust technology that enables
excellent support for the armed forces," said Carlos Rosero,
General Manager at Newsat. "Gilat provides the required increased
high network availability and backup capabilities for multiple
applications and critical operations that are required by our
customers in all echelons whether strategic or tactical to support
joint or individual operations."
About NewsatNewsat is a leading communications
IT and intelligence integrator with over 16 years of experience and
more than one hundred successfully deployed projects focused on the
defense and public safety sectors in the USA, Central and South
America.
Newsat develops unique tailored made solutions successfully
deployed and battle proven for our customers. With our affiliates
across the Americas, Newsat has delivered multiple complex mission
critical projects. Newsat Business group is composed by Newsat SAS,
Newsat SAS Peru, Newsat North America LLC and SDR LLC. For more
information, please visit: www.Newsatint.com
About GilatGilat 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-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, risks
associated with the outbreak and global spread of the coronavirus
(COVID-19) pandemic; 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. We undertake no obligation to update or revise any
forward-looking statements for any reason.
Contact:Gilat Satellite NetworksDoreet Oren,
Director Corporate CommunicationsDoreetO@gilat.com
GK Investor and Public RelationsEhud Helft, Managing
Partnerehud@gkir.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9cc04239-3746-4ee8-acbf-867bfa07542c
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