tiprankstipranks
Advertisement
Advertisement

Gilat Wins $11 Million SkyEdge VHTS Platform Deal in Asia-Pacific

Story Highlights
  • Gilat secured an $11 million SkyEdge platform order from a leading Asia-Pacific satellite operator.
  • The contract strengthens Gilat’s role in VHTS ground systems and expands its Asia-Pacific market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gilat Wins $11 Million SkyEdge VHTS Platform Deal in Asia-Pacific

Meet Samuel – Your Personal Investing Prophet

Gilat ( (GILT) ) has provided an update.

On January 20, 2026, Gilat Satellite Networks announced that its Commercial Division secured an approximately $11 million order from a leading Asia-Pacific satellite operator for its SkyEdge platform, which will be deployed over Very High Throughput Satellites to support multiple applications, including advanced mobility services, with deliveries scheduled over the next 12 months. The deal reinforces Gilat’s position as a key provider of high-capacity ground systems for next-generation VHTS networks, signaling continued operator confidence in its scalable, multi-application technology and further strengthening its foothold in the fast-growing Asia-Pacific satellite connectivity market.

The most recent analyst rating on (GILT) stock is a Buy with a $19.50 price target. To see the full list of analyst forecasts on Gilat stock, see the GILT Stock Forecast page.

Spark’s Take on GILT Stock

According to Spark, TipRanks’ AI Analyst, GILT is a Outperform.

The score is driven primarily by solid financial performance (growth, profitability, and low leverage) and a constructive earnings update with raised guidance and strong quarterly execution. Offsetting these positives are an elevated valuation (high P/E) and technically overbought conditions that raise near-term volatility/pullback risk.

To see Spark’s full report on GILT stock, click here.

More about Gilat

Gilat Satellite Networks Ltd. is a global provider of satellite-based broadband communications with more than 35 years of experience, developing and delivering satellite, ground and new-space connectivity solutions for commercial and defense markets. Through its Commercial and Defense divisions and subsidiaries Gilat Wavestream, Gilat DataPath and Gilat Stellar Blu, the company supplies a software-defined platform and modems, satellite terminals, on-the-move antennas, high-power RF amplifiers and integrated ground systems that support multi-orbit constellations, Very High Throughput Satellites (VHTS) and Software-Defined Satellites across applications such as government and defense, in-flight connectivity and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure.

Average Trading Volume: 705,923

Technical Sentiment Signal: Buy

Current Market Cap: $1.31B

Learn more about GILT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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
1