Gilat Secures $18 Million in IFC Orders, Strengthening Market Position
Gilat ( (GILT) ) has provided an announcement.
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Gilat Satellite Networks Ltd. has announced securing over $18 million in orders for its In-Flight Connectivity (IFC) solutions, primarily involving its SkyEdge platforms and SSPAs, with deliveries scheduled within the next year. This development reinforces Gilat’s market position in the IFC sector, highlighting the growing demand for its advanced connectivity solutions that offer scalability and performance to meet industry needs.
More about Gilat
Gilat Satellite Networks Ltd. is a prominent global provider of satellite-based broadband communications, with a focus on delivering comprehensive and secure end-to-end solutions for mission-critical operations. The company offers a diverse portfolio that includes high-value solutions for multiple orbit constellations, satellite terminals, and advanced satellite antennas, catering to a wide range of applications including broadband access, mobility, and defense.
YTD Price Performance:
-2.45%
Average Trading Volume:
255,864
Technical Sentiment Consensus Rating:
Sell
Current Market Cap:
$339.8M
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