Gilat Awarded Over $9M to Support Critical Connectivity Requirements for the US Department of Defense
July 02 2024 - 7:11AM
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide
leader in satellite networking technology, solutions, and services,
announced today that Gilat’s wholly owned US-based subsidiary,
DataPath Inc, received over $9 million in orders in support of the
US Department of Defense and other agencies worldwide
participating in Field Service and Technical Service Programs.
DataPath is deploying technical services and
field services in Europe, the Middle East, and the United States to
support U.S. Defense end users' critical connectivity requirements.
These orders include both contract extensions and new contracts
from various partners and agencies.
“In addition to being a leading provider of
ground systems and transportable antenna technology, we are
extremely proud of the vital work our field service personnel
perform every day,” said Nicole Robinson, President of
DataPath, Inc. “These highly trained and experienced
personnel are the heart of what we do in the field and a direct
reflection of our commitment and passion for supporting our men and
women in uniform.”
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: https://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
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