Gilat Signed a Strategic Agreement Estimated at Over $5 Million with Pacific Dataport for Delivery of Ubiquitous Broadband Co...
July 21 2021 - 7:11AM
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a
worldwide leader in satellite networking technology, solutions and
services, signed a strategic agreement estimated at over $5 million
with Pacific Dataport Inc. (PDI) for delivery of ubiquitous
broadband coverage in Alaska. Gilat's SkyEdge II-c, multi-service
platform, will support the goal of PDI's Aurora Network to deliver
a wide range of applications to the population of Alaska.
PDI intends to provide a true multiservice
network that will serve the Alaska market with both fixed and
mobility applications. The targeted fixed applications range from
direct-to-home broadband service to consumers, to an assortment of
enterprise applications such as backup and full-time IP data
services for businesses, organizations, schools, libraries, and
government. The planned mobility applications include cruise ships,
fishing boats and commercial aviation.
The reliability, efficiency and features of
Gilat's SkyEdge II-c ground segment provide exciting and new
opportunities for Pacific Dataport to customize applications
throughout PDI’s Aurora Ka-band Network. Gilat's platform is
designed to support a wide range of vertical segments with
terminals optimized for the best efficiency and performance per
required application, such as broadband, enterprise, cellular
backhaul, and high-speed mobility.
"After months of careful consideration and
assessment of platforms on the market, Pacific Dataport selected
Gilat due to its technological advancements, proven performance and
global experience," said PDI’s VP of engineering, Shawn
Fitzpatrick. "We chose to work with Gilat's team of worldwide
experts in leading-edge, high-performance satellite networking
technology and equipment, and are confident that the SkyEdge II-c
platform will meet our flexible application requirements."
"Gilat and PDI share a common vision of
providing high-quality broadband connectivity for the benefit of
all and as such we greatly appreciate Pacific Dataport’s confidence
in Gilat and its technology,” said Michal Aharonov, Senior Vice
President Global Broadband Networks at Gilat. “Our multi-service
platform is ideally suited to meet Aurora Network’s mission to
create more business opportunities and improve the quality of life
in the region, and we look forward to supporting its work and
success in the region, as a trusted and reliable partner.”
About Pacific Dataport
(PDI)Pacific Dataport Inc. (PDI) is a satellite
middle mile provider headquartered in Anchorage, Alaska. PDI was
founded “by Alaskans, for Alaskans” to enable Internet access for
everyone, everywhere in Alaska. PDI is focused on providing
affordable middle mile and last mile broadband using the newest
satellite technology from the Aurora and Network. PDI clients
include telecoms (wired & wireless), non-profits, hospitals,
clinics, schools, libraries, governments (Tribal, local, state
& federal) and Alaska Native Corporations, Villages and Tribes.
AURORA NETWORK (Alaska): PDI is currently developing the statewide
Aurora Network, which consists of launching two new GEO HTS/VHTS
satellites. The first is the Aurora 4A and it will be operational
in Q2 2022 with ~7.5 Gbps. The second, which will be known as the
Aurora IV, will be operational in Q2 2024 with 100+ Gbps. The
Aurora Network will increase Alaska’s middle mile broadband
capacity by approximately 110 Gbps and serve ~98,000 broadband
users with 25X3 service. This means more affordable, high-quality
broadband for ALL Alaskans. Please visit:
www.pacificdataport.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, Senior Director Corporate
CommunicationsDoreetO@gilat.com
GK Investor and Public RelationsEhud Helft, Managing
Partnerehud@gkir.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d32847b9-a3bd-4e4c-bf47-e4ef9974b446
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