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 8, 2024, announcing that Gilat Awarded $10 Million Follow-On Order from the
US Department of Defense.
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 $10 Million Follow-On Order from the US
Department of Defense
Gilat to provide additional DKET 3421 terminals for easy-to-deploy
transportable satcom network hubs.
Petah Tikva, Israel, February 8, 2024 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite
networking technology, solutions, and services, announced today that the US Department of Defense awarded a $10 million follow-on order to one of the company’s US-based subsidiaries, DataPath. This additional order is for DKET 3421 terminals,
transportable satcom hubs that deliver the operational flexibility, capacity, connectivity, and control required to ensure success anywhere in the world.
The field-proven DKET 3421 terminal supports multi-carrier operations with a scalable modem architecture (up to 32 modems) while
weighing under 5000 lbs. to allow for easy transport over air, land, or sea via a variety of aircraft and vehicles. Deploying in less than three hours, the DKET
3421 provides a satellite network hub in the form of a single-skid with the flexibility to leverage available satellite assets.
“Our solutions are specifically tailored to meet the strict requirements of government and military operations. We take great pride
in our unwavering dedication to meeting and exceeding the expectations of our customers, and our team works tirelessly to provide innovative solutions to their mission-critical requirements” said Barry W. Botts, Vice President, Sales and Business
Development for DataPath. “This follow-on order is a testament to the outstanding performance and satisfaction our solutions consistently deliver.”
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