Gilat Satellite Networks secured $39 million in orders for its ESA terminals, noting increased demand for in-flight connectivity solutions.
Quiver AI Summary
Gilat Satellite Networks Ltd. has announced that it received $39 million in orders for its Sidewinder electronically steered antenna (ESA) in-flight connectivity terminals from a major satellite operator, reflecting increasing global demand for advanced multi-orbit connectivity solutions. The orders include both linefit and retrofit installations, with deliveries expected over the next year. This growth highlights the aviation sector's shift toward high-performance ESA systems as airlines strive to provide superior in-flight broadband capabilities. Gilat emphasizes the efficiency, flexibility, and reliability of the Sidewinder ESA, reinforcing its leadership in the expanding market for innovative in-flight connectivity technologies covering LEO, MEO, and GEO orbits.
Potential Positives
- Gilat has secured $39 million in orders from a leading satellite operator, highlighting significant commercial interest in its ESA Sidewinder in-flight connectivity terminals.
- The new orders reflect the accelerating global demand for advanced in-flight broadband solutions, positioning Gilat favorably in a growing market.
- The Sidewinder ESA terminals are designed for both linefit and retrofit installations, offering versatility and meeting the needs of diverse aircraft types and flight paths.
- This development strengthens Gilat's leadership position in the market for advanced in-flight connectivity solutions across multiple orbital environments (LEO, MEO, GEO).
Potential Negatives
- Potential exposure to significant risks and uncertainties highlighted, including inability to maintain market acceptance and manage growth, which may adversely affect future performance.
- Dependence on a leading satellite operator for orders raises concerns about reliance on a limited customer base.
- Risk factors related to international operations, particularly given the company's location in Israel, may affect political and economic stability.
FAQ
What recent orders has Gilat Satellite Networks received?
Gilat has received $39 million in orders for Sidewinder ESA terminals, including linefit and retrofit installations.
What technology does the Sidewinder ESA terminal utilize?
The Sidewinder ESA terminal employs advanced electronically steered antenna technology for high-quality in-flight connectivity.
Why is there a rising demand for ESA solutions?
Demand for ESA solutions is increasing as airlines seek high-quality, multi-orbit connectivity for in-flight broadband.
What are the benefits of the Sidewinder ESA terminal?
The terminal offers compact architecture, multi-orbit flexibility, and exceptional efficiency for diverse aircraft types.
What markets does Gilat serve with its products?
Gilat serves commercial and defense markets, supporting applications in government, aerospace, mobility, and critical infrastructure.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GILT Hedge Fund Activity
We have seen 72 institutional investors add shares of $GILT stock to their portfolio, and 64 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PHOENIX FINANCIAL LTD. added 5,250,222 shares (+inf%) to their portfolio in Q4 2025, for an estimated $67,937,872
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- UBS GROUP AG removed 432,421 shares (-44.9%) from their portfolio in Q4 2025, for an estimated $5,595,527
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$GILT Analyst Ratings
Wall Street analysts have issued reports on $GILT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 02/10/2026
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Full Release
New orders for Linefit and Retrofit installations underscore rising global demand for Gilat’s advanced Multi Orbit ESA technology
PETAH TIKVA, Israel, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has received $39 million in orders from a leading satellite operator for its electronically steered antenna (ESA) Sidewinder in-flight connectivity terminals, including both linefit and retrofit installations. Deliveries are expected over the next 12 months.
These new orders of additional Sidewinder ESA terminals highlight the accelerating global shift toward ESA solutions as airlines and service providers work to meet rapidly growing demand for high quality in-flight broadband. With its compact architecture, multi-orbit flexibility and exceptional efficiency, the Sidewinder ESA terminal, suitable for both linefit and retrofit installation, is designed to deliver a consistently high quality connectivity experience across diverse aircraft types and flight paths.
"Demand for high-performance ESA terminals continues to grow as airlines seek quality multi-orbit connectivity solutions that provide seamless broadband across geographies and satellite constellations," said Ron Levin, President, Gilat Commercial . "The Sidewinder ESA provides the efficiency, flexibility and reliability required by aviation customers, whether for retrofit or linefit installations, strengthening our leadership position in the expanding market for advanced in-flight connectivity in LEO, MEO and GEO orbits."
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Together with our wholly owned subsidiaries Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a software-defined platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and ESAs, highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.
Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.
Contact:
Gilat Satellite Networks
