Petah Tikva, Israel, Nov.1, 2018 /PRNewswire/ -- Gilat
Satellite Networks Ltd. (NASDAQ: GILT) (TASE: GILT), a worldwide
leader in satellite networking technology, solutions and services,
announced today that Gilat's ground network will be provided for
China Satcom's ChinaSat-18 (CS-18). The nationwide Ka-band
coverage, now to be provided by CS-18 and ChinaSat-16 (CS-16), will
be uniquely supported by Gilat's single platform supporting
multiple applications all over China.
China Satcom's CS-18 Ka-band will be launched in mid-2019, thus
completing the company's Ka HTS coverage over all of China, which
is critical for broadband applications requiring continuous
service.
Gilat's multi-application platform, SkyEdge II-c, has been
deployed in China over CS-16 to
provide IFC, rural broadband, cellular backhaul and maritime
applications. With the launch of CS-18, Gilat will deliver Ka-band
high throughput and highly efficient connectivity across the rest
of China.
"Gilat is grateful for the long-term relationship with China
Satcom and for the continued trust in our technology indicated by
the expansion of Gilat's platform for commercialization of
ChinaSat-18," said Jun Xiang,
General Manager, Gilat China. "This
achievement is another step in materializing Gilat's HTS broadband
strategy worldwide and further supports Gilat's continued strategic
focus on the Chinese market."
About China Satcom
China Satellite Communications Co., Ltd. (China Satcom), is the
only satellite operational enterprise in China that has self-controllable commercial
communication and broadcast satellite resources. It is one of
the major forces supporting command-and-control communication
system under the direct supervision of national communication
authorities. China Satcom holds all licenses of providing basic
telecommunications services enabled by communication satellites. As
the leader in providing satellite communication and broadcasting
services, China Satcom delivers service to about 40 countries and
regions around the world. China Satcom's objective is to be a
comprehensive satellite service provider - "First in Asia and First-Class in the world". To meet
this goal, it is establishing an integrated satellite communication
service platform powering sensing, transmitting and smart
applications. China Satcom strives to ensure secure and
high-quality transmission of national information and to deliver
unrivaled digital life to consumers.
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,
Director Corporate Communications
DoreetO@gilat.com
Comm-Partners LLC
June
Filingeri, President
JuneFil@optonline.net
203-972-0186
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SOURCE Gilat Satellite Networks