Gilat jumps on major Asia Pacific government deal
The Israeli satellite networks company has signed deal with an Asian Pacific government corporation worth tens of millions of dollars.
Israeli company Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) saw its share price rise over 5% today after announcing a strategic agreement worth tens of millions of dollars, including a potential for significant project expansions, with a large government corporation in Asia Pacific. The equipment and multi-year managed-services contract will enable connectivity for multiple applications across the nation.
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Gilat is responsible for building and operating the network to provide nationwide coverage for a range of applications. These include strong opportunities for cellular backhaul, emergency-response and mobility applications such as Comms on-the-move and Comms on-the-pause. Gilat s multi-service single platform, SkyEdge II-c and its wide set of fine-tuned VSATS, will an
Gilat Enters Strategic Agreement Valued at Tens of Millions of Dollars with a Large Government Corporation in Asia Pacific
The equipment and multi-year managed-services contract includes enterprise connectivity, with a large potential for expansion to additional applications Gilat Satellite Networks Ltd. Petah-Tikva, ISRAEL
PETAH TIKVA, Israel, May 03, 2021 (GLOBE NEWSWIRE) Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat entered a strategic agreement valued at tens of millions of dollars, including a potential for significant project expansions, with a large government corporation in Asia Pacific. The equipment and multi-year managed-services contract will enable connectivity for multiple applications across the nation.
Regions Are covered By Ka Band SATCOM On The Move Market Report 2021 To 2026
For comprehensive understanding of market dynamics, the global Ka Band SATCOM On The Move market is analyzed across key geographies namely:
North America (United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
Key Highlights of the Report
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