IFC Solution Orders Secured from New Partnerships and Existing CustomersPETAH TIKVA, Israel, June 27, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has secured over $14 million in orders from several prominent service providers and system integrators for its In-Flight Connectivity (IFC) products and solutions. These include Network equipment, Solid State Power Am
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Gilat expects its annual revenues from Stellar Blu to range between $100 Million to $150 Million beginning in 2025, based on Stellar Blu’s robust backlogHighlights The acquisition positions Gilat as a market leader in In-Flight Connectivity (IFC) technologies and solutions for Commercial and Business Aviation, with extensions to adjacent high-end mobility markets ideally suited to Electronically Steered Antenna (ESA) solutions. Stellar Blu Solutions’ ESA terminal provides full LEO and GEO multi-