Gilat Satellite Networks secures multimillion-dollar order for Sidewinder antennas, enhancing inflight connectivity for aviation sectors.
Quiver AI Summary
Gilat Satellite Networks Ltd., a leader in satellite networking technology, announced a multimillion-dollar order from a major global avionics company for its Sidewinder electronically steered antenna terminals. Expected deliveries are anticipated within six months, signaling strong demand for Gilat’s Sidewinder ESA platform, which offers high-performance, lightweight connectivity solutions for various aviation sectors. The Sidewinder antenna enhances satellite acquisition speed, reliability, and maintenance efficiency, functioning with both GEO and OneWeb LEO satellites. Gilat's Commercial Division President, Ron Levin, emphasized the growing traction of Sidewinder in the inflight connectivity market, reinforcing the company's position in delivering advanced technologies for current and future aircraft.
Potential Positives
- Gilat Satellite Networks secured a multimillion-dollar order from a major global avionics company, highlighting strong demand for its Sidewinder electronically steered antenna terminals.
- The order indicates ongoing momentum for Gilat's Sidewinder ESA platform in the growing inflight connectivity market.
- Sidewinder antennas offer advantages such as high performance, low profile, lightweight design, and enhanced reliability, positioning Gilat as a leader in next-generation antenna solutions for various aviation sectors.
- The compatibility of Sidewinder ESA with both GEO and OneWeb LEO satellites positions Gilat favorably for future market trends in satellite communications.
Potential Negatives
- Despite announcing a multimillion-dollar order, the press release emphasizes significant risks and uncertainties that could negatively impact future outcomes, such as market competition, changes in economic conditions, and potential loss of market share.
- The reliance on forward-looking statements highlights vulnerabilities in the company’s projections and strategic direction, which may lead to investor skepticism regarding the company's stability and growth potential.
- The mention of risks associated with international operations and specific location in Israel could raise concerns about geopolitical stability and its impact on business continuity.
FAQ
What is the recent order received by Gilat Satellite Networks?
Gilat received a multimillion order from a global avionics company for Sidewinder electronically steered antenna terminals.
What is the Sidewinder ESA platform?
The Sidewinder ESA platform offers advanced inflight connectivity solutions with lightweight and high-performance features for various aviation sectors.
How will this order impact Gilat's market position?
This order reinforces Gilat's leadership in inflight connectivity (IFC) by showcasing its scalable, next-generation antenna solutions.
What are the benefits of Sidewinder antennas?
Sidewinder antennas provide fast satellite acquisition, enhanced reliability, and reduced maintenance compared to traditional mechanically steered antennas.
Which satellite networks are compatible with Sidewinder?
Sidewinder is compatible with both GEO satellites and the OneWeb LEO satellite constellation, ensuring broad connectivity options.
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 52 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
- UBS GROUP AG added 828,489 shares (+613.4%) to their portfolio in Q3 2025, for an estimated $10,786,926
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 824,949 shares (+995.8%) to their portfolio in Q3 2025, for an estimated $10,740,835
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, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that its Commercial Division received a multimillion order from a large global avionics company for the supply of Sidewinder electronically steered antenna terminals designed by Gilat Stellar Blu. Deliveries are expected within the next 6 months.
The order reflects continued momentum for Gilat’s Sidewinder ESA platform and growing demand for advanced inflight connectivity solutions that combine high performance with a low profile, lightweight configuration.
Sidewinder ESA is designed for commercial, business, VIP, government, and military aviation, supporting high throughput satellite networks and enabling reliable, high-speed connectivity for passengers and crew. Its electronic beam steering delivers fast satellite acquisition, enhanced reliability, and reduced maintenance compared to mechanically steered antennas. It is compatible with both GEO satellites and the OneWeb LEO satellite constellation.
“Sidewinder continues to gain strong traction in the inflight connectivity market as operators and partners look for scalable, next generation antenna solutions,” said Ron Levin, President of Gilat Commercial Division . “This order reinforces Gilat’s leadership in IFC and our ability to deliver proven, high-performance technologies for todays and future aircraft.”
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