Gilat Awarded Multimillion-Dollar Defense Satellite Connectivity Project
February 01 2024 - 7:03AM
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 NetworksHagay Katz, Chief Products and Marketing
Officer hagayk@gilat.com
EK Global IREhud Helft, Managing Partnerehud@ekgir.com
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