Key Developments: Gilat Satellite Networks Ltd (GILT.O)
5.34USD
24 May 2013
$-0.04 (-0.74%)
$5.38
$5.40
$5.41
$5.33
45,035
40,129
$6.20
$2.31
Latest Key Developments (Source: Significant Developments)
Gilat Satellite Networks Ltd to Equip IDF With SatTrooper-1000 Military Manpack for Advanced Tactical Communications
Gilat Satellite Networks Ltd announced that the Israel Defense Forces (IDF) has selected its SatTrooper-1000 military Manpack terminal for advanced tactical field communications. The Manpack was tailor made to address the field requirements of the IDF ground forces. The SatTrooper-1000 will provide Israeli soldiers with dependable data, video and telephony at broadband speeds. Weighing only 13 kilos, the compact and easy-to-carry terminal is efficient and can be set up in minutes by a single warfighter. The rugged design of the auto pointing antenna enables rapid connectivity even in the harshest environmental conditions. Full Article
Gilat Satellite Networks Ltd Secures $12.8 Million Contract With Peruvian Ministry Of Education
Gilat Satellite Networks Ltd announced that it was awarded a three year contract by the Peruvian Ministry of Education to provide SkyEdge II-c hub and Aries VSAT equipment, installation, maintenance and technical support, aimed to provide Internet connectivity to 2,600 schools nationwide. The contract, valued at $12.8 million, is part of the Ministry's Directorate General of Educational Technologies' (DIGETE) initiative to bring internet connectivity to thousands of Peruvian school children in an effort to reduce educational disparities in the country. Full Article
Gilat Satellite Networks Ltd's Subsidiary Secures Multi-Year Contract
Gilat Satellite Networks Ltd announced that wholly owned subsidiary Spacenet Inc., provider of managed network and data security services has been awarded a five-year base contract by one of the delivery service organizations to upgrade and provide network connectivity to more than 5,700 locations. The contract, valued at over $20 million, includes an option to extend the five-year base period of performance for three further periods of three-years for a total potential contract period of 14 years. The contract is part of a initiative to reduce overall operating costs at the delivery service organization, while improving the user experience at each location. Full Article
Gilat Satellite Networks Ltd Secures Contract From ALEF Soluciones Integrales
Gilat Satellite Networks Ltd announced that it has been selected by ALEF Soluciones Integrales (ALEF), provider of integrated information technology solutions, and GSAT Comunicaciones (GlobalSat), one of Mexico's satellite service providers, to deploy over 7,000 SkyEdge VSATs in support of the Mexican government new SCT 10K service. As part of the project, Gilat will be deploying SkyEdge WebEnhance VSAT, providing data rates of up to 2 Mbps. WebEnhance features upgradeable, high-capacity memory and is particularly suited for e-Education programs where broadband connectivity is required to be cost-efficiently delivered to multiple PC environments. Full Article
Gilat Satellite Networks Ltd's Wavestream Secures Contract
Gilat Satellite Networks Ltd announced that wholly owned subsidiary Wavestream has been awarded an exclusive contract by Honeywell to supply Ka-band transceivers for integration into airborne antenna systems to provide in-flight connectivity to the Inmarsat Global Xpress (GX) network. Scaled production for the transceivers is expected to begin in 2014. Honeywell and Inmarsat signed an agreement in April 2012 to provide global in-flight connectivity services to business, commercial and aviation customers around the world. Honeywell is developing and distributing the on-board hardware to enable users to connect to Inmarsat's Global Xpress (GX) Aviation network. Full Article
Gilat Satellite Networks Ltd's Subsidiary Secures Contract With Banco de la Nacion To Provide Satellite Connectivity For 320 Rural Locations And A Disaster Recovery Site
Gilat Satellite Networks Ltd announced that subsidiary Gilat To Home Peru has been selected by Banco de la Nación, Peru's state bank, to provide satellite connectivity for 320 rural locations as well as a disaster recovery site in Chiclayo. The contract is for three years and is valued at $9.6 million. Gilat will provide satellite connectivity to outlying areas, connecting remote offices with enterprise applications and allowing mobile and remote banking branches to extend ATM and online banking access to customers. As part of the contract, Gilat will also deploy a disaster recovery site in the northern city of Chiclayo providing satellite backup to the Bank's data center located in Lima. Satellite backup is used to provide full broadband connectivity, allowing mission critical operations to continue unharmed during emergency outages when terrestrial systems fail. Full Article
Gilat Satellite Networks Ltd Signs Agreement With Huawei
Gilat Satellite Networks Ltd announced that it has signed an agreement with Huawei for the delivery of SkyAbis cellular backhaul solution to a Southeast Asian Mobile Network Operator (MNO). As part of the project, Gilat will supply and install a SkyEdge II hub, SkyEdge II Pro VSATs, and related services including remote site installation. Full Article
Gilat Satellite Networks Ltd To Upgrade Southeast Asian Navy Ground Operations
Gilat Satellite Networks Ltd announced that it was selected by a Southeast Asian Navy to upgrade its ground operations with IP-based satellite communications system. As part of the contract, Gilat will deliver redundant SkyEdge II hubs, RF transmission capability and VSAT terminals that offer increased bandwidth efficiency throughout the Navy units. The increased bandwidth will allow enhanced connectivity to the Internet, video and other high-speed, broadband services while also enabling strategic military communications on board the Navy's mobile vehicles. Full Article
Gilat Satellite Networks Ltd's Subsidiary Receives New Order
Gilat Satellite Networks Ltd announced that its wholly owned subsidiary Wavestream, is shipping its AeroStream transceivers to TECOM Industries, Inc. for integration into TECOM’s KuStream 1000 and KuStream 1500 broadband antenna systems for onboard use in commercial and military aircraft. Wavestream is providing Commercial FAA Certified 25W and 40W Ku-band transceivers. Further details were not disclosed. Full Article
Gilat Satellite Networks Ltd Secures Contract
Gilat Satellite Networks Ltd announced that it has received an order from one of Europe's satellite broadband ISPs in support of SES Broadband Services' (SBBS) Ka-band consumer service rollout. The initial order includes the delivery of several thousand self-install customer premise equipment (CPE) Kits. Full Article
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