Gilat Satellite Networks Ltd. is a global provider of satellite-based broadband communications, delivering technology solutions for satellite, ground, and new space connectivity. They offer end-to-end solutions and services, including cloud-based platforms, satellite terminals, SOTM antennas, SSPAs, and BUCs, supporting multi-orbit constellations, VHTS, and SDS. Gilat partners with satellite operators, service providers, and MNOs, serving commercial and defense markets. Keywords associated with Gilat are satellite communications, broadband, ground systems, and connectivity solutions.
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Gilat expects the acquisition to create a combined company with annual revenue exceeding $700 million and adjusted EBITDA of $80 million.
Gilat plans to fund the acquisition with its own cash reserves, which were approximately $170 million at the end of the first quarter.
The addition of Comtech’s technology portfolio will more than double Gilat’s total defense revenues and raise defense activity from 25 percent to over 40 percent of its corporate profile.
The Gilat acquisition is expected to close by the end of calendar year 2026, subject to customary closing conditions and regulatory clearances from CFIUS, the FTC, and the DOJ.
Comtech received $10 million upon signing the Gilat acquisition agreement.
Gilat Satellite Networks Ltd. plans to conduct further field trials of its integrated 5G NTN solution with major mobile network operators in the second half of 2026.
Gilat Satellite Networks Ltd. received a follow-on order from the U.S. Army to sustain and upgrade Satellite Transportable Terminal units.
Gilat Satellite Networks Ltd. demonstrated 5G Non-Terrestrial Network connectivity over GEO in February 2026.
Gilat Satellite Networks Ltd. received a contract to supply electronically steered antenna technology for an undisclosed European defense customer.
Gilat Satellite Networks Ltd. reaffirmed its full-year 2026 revenue guidance.
Gilat Satellite Networks Ltd. finalized a partnership with Nelco Limited for deployment of its SkyEdge IV multi-orbit platform in India.
Gilat Satellite Networks Ltd. reported first-quarter financial results on May 13, 2026.
The U.S. Army’s Satellite Transportable Terminal service contract with Gilat Satellite Networks Ltd. began in April 2025 and is valued at $23 million over multiple years.
Gilat Satellite Networks Ltd. secured multi-million dollar awards from the U.S. Department of Defense, the U.S. Army, and a European Ministry of Defense.
Cailabs partnered with DataPath, a Gilat subsidiary, to build transportable optical terminals for military users.
WAVE members routed a 10 Mbps video stream from a local laptop through a Gilat Aquarius Pro modem running the DVB-S2X waveform.
A Gilat virtual modem in the AWS cloud ran two FPGA instances to demodulate the stream back into video and generate a carrier signal for return traffic through the SES gateway.
AWS, Gilat Defense, and SES Space & Defense participated in a WAVE demonstration that connected a virtualized cloud platform to an SES gateway using digital IF.
Gilat Stellar Blu is building system designs that reduce the impact of connectivity adoption and management for airlines.
Gilat Stellar Blu designs airborne connectivity systems that are long-lasting, upgradeable, and usable by multiple providers.