Loading…
Loading…
Significant award reinforces Gilat Defense's expanding role in large-scale, mission-critical U.S. communications programs Significant award reinforces Gilat Defense's expanding role in large-scale, mission-critical U.S. communications programs
3.75% senior unsecured financing with no financial maintenance covenants Transaction provides long-term financial flexibility to accelerate investments in space technologies and additional strategic opportunities
Digital inclusion project to extend connectivity to public institutions and expand access to essential services across underserved communities Digital inclusion project to extend connectivity to public institutions and expand access to essential services across underserved communities
Gilat Satellite Networks NASDAQ: GILT outlined its growth strategy across satellite connectivity, in-flight communications and defense markets during a presentation hosted by Canaccord Genuity, highlighting recent orders, its planned acquisition of Comtech and its financial outlook for the year.
On August 12, 2026, Gilat Satellite Networks Ltd (GILT) shares rose 3.7% today, reaching a current price of $11.62. This movement comes amid a 52-week range of
Gilat Satellite Networks is uniquely positioned to benefit from the growing complexity and fragmentation in the satellite communications industry. GILT's Q2 2026 results showed 17% YoY revenue growth and 31% adjusted EBITDA growth, reflecting a shift toward higher-margin integrated solutions. The pending $157.5M Comtech acquisition is expected to double GILT's defense revenues, broaden its technology portfolio, and enable larger contract bids.
GILT's Q2 earnings call spotlights a stronger second half for Defense, record IFC terminal deliveries and the Comtech deal's scale potential.
Patent-pending AI technology delivers up to 10x improvement in interference detection and cancellation performance ensuring resilient satellite communications in highly contested spectrum environments Patent-pending AI technology delivers up to 10x improvement in interference detection and cancellation performance ensuring resilient satellite communications in highly contested spectrum environments