Gilat Expanding into Additional IFC Market Segments After Receiving Over $3M in Orders from a Leading IFC Service Provider
Portfolio Pulse from Benzinga Newsdesk
Gilat Satellite Networks Ltd. (GILT) has received over $3M in orders from a leading IFC Service Provider to expand its In-Flight Connectivity capabilities, primarily for Gilat's Taurus Aero modems.

April 08, 2024 | 11:21 am
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Gilat Satellite Networks Ltd. receives over $3M in orders for its Taurus Aero modems from a leading IFC Service Provider.
The announcement of receiving over $3M in orders from a leading IFC Service Provider for its Taurus Aero modems is a positive development for Gilat. This order not only signifies trust and demand for Gilat's products in the IFC market but also has the potential to boost its revenues and market position in the short term. The specificity of the order towards Taurus Aero modems highlights the product's value and demand in the market, which could lead to increased investor confidence in Gilat's growth and profitability prospects.
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