Telespazio Selects Gilat to Supply Enterprise Connectivity in Brazil for a Multinational Leading Energy Company
March 10 2021 - 7:15AM
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide
leader in satellite networking technology, solutions and services,
announced today that Telespazio, a joint venture between Leonardo
(67%) and Thales (33%), selected Gilat to supply enterprise
connectivity in Brazil for a multinational leading energy company.
Gilat will provide the satellite network and thousands of VSATs to
energy plants of Brazil's largest private sector energy company.
Gilat's high-reliability solution was chosen due to its ability
to answer the customer's demanding Service Level Agreement (SLA)
requirements. Gilat's SkyEdge II-c platform will support energy
plants in distant locations and provide the ability to prioritize
critical applications of the power plants due to its sophisticated
Cloud QoS.
"Telespazio trusts Gilat's reliable multi-service platform as we
extend our current networks to broaden our support to the
enterprise sector, following service to other enterprise sectors
such as banking, retail, SMEs and large telco carriers," said
Marzio Laurenti, CEO at Telespazio Brasil. "We are most satisfied
with the advantage of the seamless integration between our network
and the end-customer's network, that was made possible, due to
Gilat's robust IP routing capabilities."
"Telespazio is Gilat's longtime partner in Brazil and we are
honored to be part of their growth over the years and to support
their increased focus on the energy market," said Tobias Dezordi
Regional Vice President Latin America at Gilat. "This achievement
is in line with Gilat's strategy to maximize the value of our
platform for our customers as they grow their business with
additional applications."
About TelespazioTelespazio, a Leonardo and
Thales 67/33 joint venture, is one of the world’s leading operators
in satellite services. Its activities range from the design and
development of space systems to the management of launch services,
from in-orbit satellite control to Earth observation, from
integrated communications, satellite navigation and localization
services to scientific programs. Telespazio plays a leading role in
the reference markets harnessing technological experience acquired
over the years. Since its establishment, the company has
participated in major European space programs such as Galileo,
EGNOS, Copernicus and COSMO-SkyMed. In 2019, Telespazio generated
sales of EUR 535 million while employing 3,000 people in nine
countries. Telespazio is present in Brazil since 1997, through its
subsidiary Telespazio Brasil, with main office in Rio de Janeiro.
www.telespazio.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
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