Gilat Satellite Networks received a $10 million order to support Low Earth Orbit ground infrastructure with advanced amplification technology.
Quiver AI Summary
Gilat Satellite Networks Ltd. announced an order exceeding $10 million from a prominent ground gateway antenna provider to facilitate the rollout of infrastructure for a Low Earth Orbit (LEO) satellite constellation. The order includes Gilat Wavestream’s Powerstream Ka solid state power amplifier, which is crucial for ensuring high-capacity gateway operations. Deliveries are anticipated over the next year. Edgar Khachatryan, President of Gilat Wavestream, highlighted the significance of their Powerstream solutions, which have been successfully implemented across over 2,000 units worldwide. Gilat, with more than 35 years in satellite communications, offers a range of products and services for both commercial and defense markets, emphasizing reliable connectivity across various applications. For more details, visit their website.
Potential Positives
- Gilat Satellite Networks received an order exceeding $10 million, signifying strong market demand and confidence in their products.
- The order is for their Powerstream Ka solid state power amplifier, which enhances their reputation in providing high-capacity, reliable infrastructure for Low Earth Orbit (LEO) satellite networks.
- The company highlights its leadership in the industry with over 2,000 Ka band units delivered globally, reinforcing its experience and capability in satellite communications technology.
- The support for a major LEO ground gateway program indicates Gilat's integral role in advancing satellite communications, which could lead to future business opportunities.
Potential Negatives
- The press release includes multiple forward-looking statements that highlight potential risks and uncertainties, indicating that actual results could materially differ from expectations, which may raise concerns among investors.
- There is a mention of risks related to "inability to maintain market acceptance" and "loss of market share," which suggests vulnerabilities in the company's competitive position.
- The release indicates "risks associated with Gilat’s international operations and its location in Israel," which may imply geopolitical risks that could affect business stability and investor confidence.
FAQ
What is the recent order received by Gilat Satellite Networks?
Gilat received an order exceeding $10 million to support a leading Low Earth Orbit ground infrastructure rollout.
What product is included in Gilat's latest order?
The order includes Gilat Wavestream’s Powerstream Ka solid state power amplifier for high-capacity gateway sites.
Who is the client for Gilat's recent $10 million order?
The client is a leading ground gateway antenna provider for a prominent Low Earth Orbit constellation.
What technology does Gilat specialize in?
Gilat specializes in satellite networking technology for commercial and defense applications globally.
Where can I find more information about Gilat Satellite Networks?
More information is available on Gilat's official website at http://www.gilat.com.
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 63 institutional investors add shares of $GILT stock to their portfolio, and 54 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CLAL INSURANCE ENTERPRISES HOLDINGS LTD added 2,250,000 shares (+118.2%) to their portfolio in Q3 2025, for an estimated $29,295,000
- PHOENIX FINANCIAL LTD. removed 1,942,322 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $25,289,032
- PENSERRA CAPITAL MANAGEMENT LLC added 1,064,959 shares (+831.1%) to their portfolio in Q3 2025, for an estimated $13,865,766
- MEITAV INVESTMENT HOUSE LTD removed 1,051,448 shares (-93.9%) from their portfolio in Q3 2025, for an estimated $13,689,852
- ACADIAN ASSET MANAGEMENT LLC added 1,006,646 shares (+489.2%) to their portfolio in Q3 2025, for an estimated $13,106,530
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 824,949 shares (+995.8%) to their portfolio in Q3 2025, for an estimated $10,740,835
- VAN ECK ASSOCIATES CORP added 602,366 shares (+inf%) to their portfolio in Q3 2025, for an estimated $7,842,805
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$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 11/25/2025
To track analyst ratings and price targets for $GILT, check out Quiver Quantitative's $GILT forecast page.
Full Release
PETAH TIKVA, Israel, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that it has received an order for over $10 million from a leading ground gateway antenna provider to support the continued rollout of ground infrastructure for a leading Low Earth Orbit (LEO) constellation. Deliveries are expected over the next 12 months.
The order, for Gilat Wavestream’s Powerstream Ka solid state power amplifier, supports high-capacity gateway sites by delivering reliable, long-lasting, high-power Ka-band amplification required for continuous and cost-effective LEO, MEO & GEO gateway operations.
“We are pleased to continue supporting this large-scale LEO ground gateway program,” said Edgar Khachatryan, President, Gilat Wavestream . “Our Powerstream solutions are purpose-built for the scale and performance demands of LEO, MEO & GEO ground gateway installations, and with more than 2,000 Ka band units delivered worldwide, we continue to play a leading role in enabling reliable, high-capacity gateway infrastructure.”
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