US Army Awards Nearly $20 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity
04 December 2023 - 11:13PM
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a
worldwide leader in satellite networking technology, solutions, and
services, announced today that the United States Army awarded a
nearly $20 million contract to the company’s US-based subsidiary,
Wavestream, for the continuation of a program to sustain anytime,
anywhere satellite connectivity.
Wavestream’s Solid State Amplifier (SSPA), ruggedized to
withstand the harshest environments, enables the Satellite
Transportable Terminals (STTs) used in this program to deliver a
“Communications-on-the-Pause” solution across diverse climates and
conditions around the globe.
“With more than a decade and a half of field proven performance,
the Wavestream 50W Ka SSPA continues to satisfy the Army’s need for
dependable satellite communications in support of our warfighters
operating in harsh and hostile environments around the world,” said
Bob Huffman, Wavestream’s General Manager and Gilat's Senior VP.
“Over the years, we’ve deployed thousands of BUCs to the military
and we take great pride in providing proven technology that’s
fielded for mission-critical telecommunications.”
About Wavestream
Wavestream, a Gilat subsidiary is the industry leader in the
design and manufacture of next generation satellite communications
high power transceivers for In-Flight Connectivity, Ground Mobility
and Gateway markets. Since 2001, we provide system integrators with
field-proven, high performance Ka, Ku and X-band Solid State Power
Amplifiers (SSPAs), Block Upconverters (BUCs), Block Down
Converters and Transceivers. We design, manufacture and repair our
products in-house and have delivered over 40,000 systems in the
past 15 years. Wavestream products provide high quality and
reliability under the harshest environmental conditions and we are
currently certified to ISO 9001:2008 and AS9100D standards. For
further details please visit www.wavestream.com
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 create and deliver deep
technology solutions for satellite, ground and new space
connectivity and provide comprehensive end-to-end solutions and
services, powered by our innovative technology. 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.
Delivering high value solutions, our portfolio is comprised of a
cloud-based platform and high performance satellite terminals
designed to work in harmony with satellite constellations,
including Very High Throughput Satellites (VHTS) and
Software-Defined Satellites (SDS) in multiple orbits; high
performance Satellite On-the-Move (SOTM) antennas; and highly
efficient, high-power Solid State Power Amplifiers (SSPA) and Block
Upconverters (BUC).
Gilat’s comprehensive solutions support multiple applications
with a full portfolio of products to address key applications
including broadband access, mobility, cellular backhaul, military,
government, and enterprise, all while meeting the most stringent
service level requirements. For more information, please visit:
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, including
those related to the current terrorist attacks by Hamas, and the
war and hostilities between Israel and Hamas and Israel and
Hezbollah. 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 NetworksDoreet Oren,
Senior Director Corporate CommunicationsDoreetO@gilat.com
EK Global IREhud Helft, Managing Partnerehud@ekgir.com
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