Headquartered in Gilat House, Petah Tikva Fiscal year ends December NASDAQ: GILT gilat.com
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) provides satellite-based broadband communications technology, solutions and services for satellite, ground and new space connectivity, with over 35 years of experience.
It operates through three reporting segments: Commercial, Defense, and Peru, where it runs government-awarded rural broadband connectivity projects. Its wholly owned subsidiaries include Gilat Wavestream, Gilat DataPath and Gilat Stellar Blu.
The company supports multi-orbit constellations, Very High Throughput Satellites (VHTS) and Software-Defined Satellites (SDS). Its portfolio includes:
- A software-defined platform and modems, including SkyEdge IV
- High-performance satellite terminals
- Satellite On-the-Move (SOTM) antennas and Electronically Steered Antennas (ESAs)
- Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs)
- Integrated ground systems, including DKET systems for U.S. defense
- Field services, network management software and cybersecurity services
Customers span government and defense, in-flight connectivity (IFC) and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure.
Gilat is pivoting toward defense, including through the pending acquisition of Comtech, expected to close by year-end 2026. It is also pursuing opportunities in sovereign satellite constellations and next-generation ground infrastructure. Updated
Management cut full-year revenue guidance to $455 million to $475 million on rescheduled in-flight connectivity deliveries, LEO and GEO launch delays, and Peru contracts slipping into 2027, outweighing the EPS beat. Defense revenue grew 53% year over year and the pending Comtech deal is expected to more than double defense sales next year.
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) provides satellite-based broadband communications technology, solutions and services for satellite, ground and new space connectivity, with over 35 years of experience.
The Wall Street consensus 12-month price target for GILT is $19.20.