Gilat unit wins $50m broadband satellite deal
This is the third major project that Gilat has won in recent weeks after several years in which it received a low number of new orders.
Israeli satellite networking technology company Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) announced today that its Wavestream unit has been awarded a deal worth more than $50 million from a leading satellite operator to support the gateways for a Low Earth Orbit (LEO) broadband satellite constellation. Wavestream has been selected to supply Gateway Solid State Power Amplifiers (SSPAs) for the project.
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This is the third major project that Gilat has won in recent weeks after several years in which it received a low number of new orders. The company s share price is currently 0.77% higher on Nasdaq at $11.51, giving a market cap of $640 million.
Gilat’s Proven ESA Technology Successfully Demonstrated over Inmarsat’s Global Xpress
PETAH TIKVA, Israel, Jan. 21, 2021 Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) a worldwide leader in satellite networking technology, solutions and services, announces the successful test of its Electronically Steered Antenna (ESA) over Inmarsat’s Global Xpress (GX) network. Gilat’s open-architecture proven ESA has been integrated with Inmarsat’s G-MODMAN solution.
For the first time, a live demonstration of an ESA terminal was performed on an Inmarsat operational GX satellite. The successful test was performed on Inmarsat-5 F1 satellite at 62.6 degrees East. Gilat’s self-pointing antenna logged-on automatically to the GX network, supporting bi-directional real-time communication in both fixed and dynamic antenna positioning modes. Beam steering under the changing elevation and skew angles was done while managing the power spectral density (PSD) threshold, in order to minimiz
Gilat Satellite Networks Ltd., a worldwide leader in satellite networking technology, solutions and services, announces the successful test of its Electronically Steered Antenna (ESA) over Inmarsat’s Global Xpress (GX) network. Gilat’s open-architecture proven ESA has been integrated with Inmarsat’s G-MODMAN solution.
For the first time, a live demonstration of an ESA terminal was performed on an Inmarsat operational GX satellite. The successful test was performed on Inmarsat-5 F1 satellite at 62.6 degrees East. Gilat’s self-pointing antenna logged-on automatically to the GX network, supporting bi-directional real-time communication in both fixed and dynamic antenna positioning modes. Beam steering under the changing elevation and skew angles was done while managing the power spectral density (PSD) threshold, in order to minimize interference with neighboring satellites, in accordance to regulations.
Gilat jumps on Mexican AXESS deal
AXESS has awarded Gilat a multi-million dollar deal for cellular backhaul (CBH) projects in Mexico.
Israeli satellite networking technology, solutions and services company Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) has announced that AXESS has awarded it a multi-million dollar deal for cellular backhaul (CBH) projects in Mexico. The project will power network expansion for two of the key Mobile Network Operators (MNOs) in Mexico. Gilat s cellular backhaul solution over satellite enables connectivity for hundreds of sites will support bridging the digital divide throughout Mexico.
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Gilat s share price was up over 305 on news of the deal giving a market cap of $532 million.