Gilat Secures $4M Contract for Rural Connectivity
Company Announcements

Gilat Secures $4M Contract for Rural Connectivity

Gilat (GILT) has released an update.

Gilat Satellite Networks Ltd. has been awarded a $4 million contract to enhance rural connectivity in Latin America, providing critical banking and payment services over a three-year period. The company’s satellite network supports essential financial operations, offering reliable connections for remote banking transactions, ATMs, and Point of Sale systems. This move bolsters Gilat’s presence as a key player in delivering satellite-based broadband communications for diverse and underserved regions.

For further insights into GILT stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskGilat Secures $5 Million in U.S. Defense Contracts
TheFlyGilat Satellite receives approx $5M in orders from U.S. defense customers
TheFlyDoD ups commercial satellite internet services program to $13B, SpaceNews says
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App