Gilat Satellite (GILT) Networks announced that its Commercial Division secured $27M for Gilat Stellar Blu’s ESA Terminal technology. Deliveries are expected primarily over the next 12 months. Gilat Stellar Blu’s compact, high-performance, multi-orbit ESA terminal, technology, products and solutions are gaining traction across the aviation market as they are designed to meet the increasing connectivity demands of commercial, business and defense airborne platforms. The platform enables high-capacity communications with the agility and scalability required for next-generation aviation networks.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GILT:
- Gilat’s Strong Growth Prospects: Buy Rating Backed by Major Contracts and Strategic Acquisitions
- Gilat Secures $40 Million Contract for SkyEdge IV Platform
- Gilat Satellite signs $40M contract for virtualized SkyEdge IV Platform
- Gilat Secures $25 Million in Satellite Solution Orders
- Gilat Satellite receives over $25M in orders for satellite solutions