Gilat First to Market with a Complete VSAT-in-a-Box for High-Speed Consumer Broadband
19 October 2016 - 12:04AM
Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a
worldwide leader in satellite networking technology, solutions and
services, announced today the launch of its innovative Scorpio
VSAT-in-a-box for high-speed consumer broadband. This latest
addition to Gilat’s SkyEdge II-c family of VSATs lowers the cost
barrier of delivering broadband services via satellite.
Scorpio’s innovative design increases system reliability due to
the complete integration of the indoor and outdoor units into a
single weather-proof box. This solution addresses the cost
efficiencies required for residential customers and small
businesses worldwide. Its compact, lightweight design allows rapid
self-installation and easy roof mounting. Scorpio connects to the
home network with a single Ethernet cable, thus providing a simple
demarcation point for improved network diagnostics and increased
customer satisfaction.
“Gilat’s Scorpio sets a new industry benchmark for consumer
broadband,” said Hagay Katz, Head of the VSAT Line of Business at
Gilat. “With our VSAT-in-a-box, ISPs will be able to save in
installation and maintenance expenses while internet users will
enjoy rapid self-installation and activation, in addition to low
power consumption. Scorpio is a main component of our broadband
strategy, with extremely positive feedback received from customers,
and first deployments are expected in the coming months.”
About GilatGilat Satellite Networks Ltd
(NASDAQ:GILT) (TASE:GILT) is a leading provider of products and
services for satellite-based broadband communications. Gilat
develops and markets a wide range of high-performance satellite
ground segment equipment and VSATs, with an increasing focus on the
consumer and Ka-band market. In addition, Gilat enables
mobile SOTM (Satellite-on-the-Move) solutions providing
low-profile antennas, next generation solid-state power amplifiers
and modems. Gilat also provides managed network and satellite-based
services for rural telephony and Internet access via its
subsidiaries in Peru and Colombia. With over 25 years of
experience, and over a million products shipped to more than 90
countries, Gilat has provided enterprises, service providers and
operators with efficient and reliable satellite-based connectivity
solutions, including cellular backhaul, banking, retail,
e-government and rural communication networks. Gilat also enables
leading defense, public security and news organizations to
implement advanced, on-the-move tactical communications on board
their land, air and sea fleets using Gilat's high-performance SOTM
solutions. Gilat controlling shareholders are the FIMI Private
Equity Funds. For more information, please visit us
at 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. We undertake
no obligation to update or revise any forward-looking statements
for any reason. 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.
Contact:
Gilat Satellite Networks
Doreet Oren
DoreetO@gilat.com
Comm-Partners LLC
June Filingeri, President
203-972-0186
junefil@optonline.net
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