- Gilat Satellite Networks (GILT, Financial) secures over $15 million in new orders.
- Orders span GEO, MEO, and LEO Very High Throughput Satellite (VHTS) constellations.
- Emphasizes In-Flight Connectivity (IFC), reinforcing its leadership in the market.
Gilat Satellite Networks Ltd. (NASDAQ: GILT) has announced receiving orders exceeding $15 million from prominent global satellite operators. The deliveries are scheduled to occur throughout 2025, indicating a robust demand for Gilat's satellite networking technologies, solutions, and services.
The significant orders cover equipment and services for Geostationary (GEO), Medium Earth Orbit (MEO), and Low Earth Orbit (LEO) Very High Throughput Satellite (VHTS) constellations. This diversity reflects the confidence of satellite operators in Gilat's capabilities to provide comprehensive solutions with high flexibility, performance, and scalability.
A notable aspect of the recent orders is the emphasis on In-Flight Connectivity (IFC), which underscores Gilat's strong presence and leadership in the broadband mobility solutions market. The demand for IFC solutions highlights the growing need for reliable and efficient connectivity across various industry sectors.
Commenting on the orders, Ron Levin, President of Gilat’s Commercial Division, stated, "These significant orders from some of the world’s most prominent satellite operators reaffirm our position as a trusted partner for enabling next-generation satellite services. We’re seeing strong and consistent demand for our products and solutions, and we’re proud to play a key role in supporting the expansion of global broadband connectivity across LEO, GEO, and MEO constellations."
