Gilat Satellite Networks, a specilaist in satellite networking technology, solutions and services, has reported its results for the third quarter, ended September 30th 2023. Adi Sfadia, Gilat’s CEO, commented: “We are deeply saddened by the tragic events of October 7th in Israel. Our thoughts and prayers are with the victims of this horrific attack – […]

Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has reported its results for the second quarter, ended June 30th. Financial highlights include: Revenues of $67.6 million (€61.5m), up 22 per cent compared with $55.5 million in Q2 2022; GAAP operating income of $5.4 million, compared with $1.5 million in Q2 2022; Non-GAAP operating […]

Satellite Communications (SatCom) has entered a period of renewed interest with innovative technological advances, mainly driven by ballooning investment dollars in the high-growth space tech segment and the demand for global connectivity. The SatCom ecosystem has two segments: ground equipment and space. Global technology intelligence firm ABI Research foresees sustained ground segment growth from the […]