GILT · Gilat Satellite Networks Ltd.

Gilat Satellite Networks Ltd. announced it received over $20 million in orders from a leading global satellite operator for SkyEdge services and systems. The orders encompass advanced systems, network management, and ongoing services, reflecting the operator's continued investment in Gilat's multi-orbit ground technology. Most deliveries are expected within 24 months, providing visibility into near-term revenue. The announcement underscores Gilat's strong market position in satellite networking, as operators increasingly adopt multi-orbit architectures. Ron Levin, President of Gilat's Commercial Division, emphasized that the awards reinforce long-term customer relationships and confidence in Gilat's ability to address complex connectivity requirements. This order is significant for Gilat's growth trajectory, given its size relative to the company's typical revenue streams.