Gilat Signs Significant Contract with SES to Develop and Deploy O3b mPOWER MEO Communications System
Gilat Satellite Networks Ltd. - Ordinary Shares (GILT)
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Source: GlobeNewswire
PETAH TIKVA, Israel, Nov. 18, 2019 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it has reached a major landmark with the selection by SES for development and deployment of a global multiple application VSAT platform for its O3b mPOWER Medium Earth Orbit (MEO) communications system. This multi-million-dollar contract establishes Gilat as a significant Non-Geostationary Orbit (NGSO) player through the technological innovation of its multi-orbit GEO/NGSO platform. “We are honored to be partnering again with SES, this time for their next generation O3b mPOWER system,” said Ron Levin, VP Mobility and Global Accounts at Gilat. "Gilat was selected due to our innovative ground segment design that significantly reduces cost per bit, our ability to deliver a step function in modem performance and our engineering capabilities to further optimize the platform to effic
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GILT
Earnings
- 11/13/24 - Beat
GILT
Sec Filings
- 12/12/24 - Form 6-K
- 11/14/24 - Form SC
- 11/13/24 - Form 6-K
- GILT's page on the SEC website