Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has reported its unaudited results for the fourth quarter and full year ended December 31st 2023. The compnay saw revenue of $75.6 million (€69.6m), up 4 per cent from Q4 2022. Further Q4 2023 Financial Highlights GAAP operating income of $2.9 million, compared […]

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 […]

Business aviation solutions provider Satcom Direct and satellite networking technologist Gilat Satellite Networks have signed a strategic agreement to develop and supply new ultra-low profile electronically steered antennas (ESA) to support in-flight connectivity (IFC) for business, government, and defence. Available from 2025 and designed for optimised compatibility with the OneWeb low earth orbit (LEO) constellation, […]

Israel-based satellite technology connectivity company Gilat Satellite Networks reported revenue up 15 per cent for its Q1 trading period (at $59 million (€53.8m), compared to $51.4 million in the same period last year). Gilat raised its GAAP operating income guidance to between $16 to $20 million for the full year, representing year-over-year growth of 81 […]

Hispasat’s new satellite has completed the necessary ground infrastructure for its entry into service in the middle of this year. Amazonas Nexus is specially designed to offer high quality connectivity for air and maritime mobility services and will effectively contribute to reduce the digital gap in Latin America in an efficient way. Hispasat has reached […]

Gilat Satellite Networks, a specialist in satellite networking technology, solutions, and services, has announced that Intelsat is strengthening its strategic partnership and expanding its In-Flight Connectivity (IFC) and Cellular Backhaul capabilities with significant multimillion dollar orders for Gilat’s multi-service platforms and terminals. Gilat’s platforms will be used to empower Intelsat with augmented capacity in North […]

Gilat Satellite Networks has announced that Hispasat, a global satellite operator based in Spain, has selected Gilat’s SkyEdge IV platform for operation with its Amazonas Nexus satellite. This marks an expansion of the strategic partnership between the two companies that will enable Hispasat to deliver high-performance, satellite-based fixed data and mobility services. SkyEdge IV, Gilat’s […]

Gilat Satellite Networks, a player in satellite networking technology, has announced that the company has enabled TIM Brasil, a Tier-1 Mobile Network Operator (MNO), to be the first MNO to provide mobile coverage to all 5,570 cities in Brazil. TIM Brasil’s coverage of 12 million hectares for the agrobusiness is largely possible due to Gilat’s […]

Gilat Satellite Networks, which makes most of its cash by providing connectivity equipment for satellite operator services, has reported double-digit growth in revenues and profits for 2022. The Israel-based company in its guidance for 2023 forecast more of the same as the satellite industry recovered. Gilat’s Q4 revenue of $73 million, up 8 per cent […]