Gilat Bags Over $13M in Additional Orders from Satellite Operators for its SkyEdge IV and SkyEdge II-c Platforms
Portfolio Pulse from Benzinga Newsdesk
Gilat Satellite Networks Ltd. (GILT) has received over $13M in additional orders from various satellite operators for its SkyEdge IV and SkyEdge II-c platforms. These orders are part of ongoing strategic partnerships and will support services such as in-flight connectivity, maritime mobility, cellular backhaul, and fixed data services.
April 01, 2024 | 11:12 am
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Gilat Satellite Networks Ltd. receives over $13M in orders for its SkyEdge platforms, indicating strong demand and strategic partnerships in the satellite networking sector.
The announcement of over $13M in additional orders for Gilat's SkyEdge platforms from multiple satellite operators is a strong indicator of the company's market position and the demand for its technology. This development is likely to be viewed positively by investors, as it not only demonstrates Gilat's ability to secure significant orders but also suggests potential for future revenue growth. The strategic partnerships mentioned further solidify Gilat's standing in the industry, potentially leading to more opportunities.
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