Washington, D.C. 20549
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information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
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Attached hereto is Registrant’s press release dated February 1, 2024, announcing that Gilat Awarded Multimillion-Dollar Defense Satellite
Connectivity Project.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Gilat Awarded Multimillion-Dollar Defense Satellite
Connectivity Project
Gilat's SkyEdge IV platform and Taurus-M modems to augment
advanced satcom capabilities for a leading governmental defense
organization
Petah Tikva, Israel, February 1, 2024 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite
networking technology, solutions, and services, announced today that the company was awarded a multimillion-dollar defense satellite connectivity project.
Gilat’s SkyEdge IV platform and Taurus-M modems will be augmenting the advanced satellite communications capabilities for a leading
governmental defense organization.
SkyEdge IV is Gilat's next generation multi-service platform built to work in harmony with multi-orbit (GEO, MEO and LEO)
software-defined satellite constellations. It supports cloud infrastructure and an Elastix-Access Scheme to address the current and future needs for satellite connectivity with the ability to support large and scalable networks.
The SkyEdge IV Taurus-M is a satellite modem with a low SWAP (Size, Weight, and Power) that’s ideal for armored fighting vehicles and
man-pack deployment. Specifically designed for military and government markets and compliant with MIL-STD-810 standards, it is a fast-to-deploy, easy-to-operate, ruggedized modem that offers highly available, high-speed satellite communications for
stationary and on-the-move (SOTM) operations.
"Gilat has identified the defense segment as one of its main growth engines and this program is one of many Gilat is targeting with
its leading product portfolio aimed at this segment. Gilat’s SkyEdge IV platform and Taurus-M modems are addressing the market demands for rugged, high-performance equipment for mobile satellite communications," said Ori Naor, Gilat's Vice
President of Sales and Business Development for Defense. "The SkyEdge IV platform puts the customer at the forefront of satellite communications by enabling the
utilization of multi-orbit constellations, giving its military end users the high performance, reliability, and secured communication services they need for boundless communications.”
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications.
With over 35 years of experience, we create and deliver deep technology solutions for satellite, ground and new space connectivity and provide comprehensive, secure end-to-end solutions and services for mission-critical operations, powered by our
innovative technology. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Our portfolio includes a diverse offering to deliver high value solutions for multiple orbit constellations with very high throughput
satellites (VHTS) and software defined satellites (SDS). Our offering is comprised of a cloud-based platform and high-performance satellite terminals; high performance Satellite On-the-Move (SOTM) antennas; highly efficient, high-power Solid State
Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense, field services, network management software, and cybersecurity services.
Gilat’s comprehensive offering supports multiple
applications with a full portfolio of products and tailored solutions to address key applications including broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure clients
all while meeting the most stringent service level requirements. 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, 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, including those related to the current terrorist attacks by
Hamas, and the war and hostilities between Israel and Hamas and Israel and Hezbollah. 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 Networks
Hagay Katz, Chief Products and Marketing Officer
hagayk@gilat.com
EK Global IR
Ehud Helft, Managing Partner
ehud@ekgir.com