Gilat Satellite Networks Ltd - Company Profile
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Gilat Satellite Networks Ltd (Gilat) is a provider of satellite-based broadband communications. The company designs and manufactures ground equipment, modems, cloud-based satellite network platforms, on-the-move antennas, very small aperture terminals, amplifiers, transceivers, and block upconverters. Gilat also provides cellular backhaul, broadband access, enterprise, in-flight connectivity, and train, maritime, defense and public safety solutions. The company offers its solutions to satellite operators, consumers, service providers, enterprises, telecommunication companies, government, defense and homeland security, and mobile network operators. It has business operations across various countries in Latin America, Asia-Pacific, North America, and Europe, the Middle-East, and Africa. Gilat is headquartered in Petah Tikva, Israel.
Headquarters
Israel
Address
21 Yegia Kapayim St., Kiryat Arye, Petah Tikva, 49130
Website
www.gilat.com
Telephone
972 3 9252000
No of Employees
1,183
Industry
Technology and Communications
Ticker Symbol & Exchange
GILT (NASD)
Revenue (2022)
$266.1M
10.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
496.5%
(2022 vs 2021)
Market Cap*
$294.8M
Net Profit Margin (2022)
XYZ
457.5%
(2022 vs 2021)
* As of and is in US$
Gilat Satellite Networks Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Very Small Aperture Terminals (VSATs) | Managed satellite network services solutions | Gilat. |
| High-speed modems | Network planning and optimization | AeroStream |
| High-performance on-the-move antennas | Remote network operation | SatTrooper |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched Cloud and 5G NTN evolution strategy to support Satellite Operators and service providers. |
| 2024 | Contracts/Agreements | In March, the company secured a multimillion-dollar in-flight connectivity (IFC) program from Safran Passenger Innovations. |
| 2024 | Contracts/Agreements | In February, the company’s subsidiary DataPath. was awarded US$10 million follow-on order for DKET 3421 terminals, transportable satcom hubs. |
Competitor Comparison
| Key Parameters | Gilat Satellite Networks Ltd | ViaSat Inc | Intelsat SA | SpeedCast International Ltd | Comtech Telecommunications Corp |
|---|---|---|---|---|---|
| Headquarters | Israel | United States of America | Luxembourg | United States of America | United States of America |
| City | Petah Tikva | Carlsbad | Luxembourg City | Chantilly | Melville |
| State/Province | - | California | - | Virginia | New York |
| No. of Employees | 1,183 | 6,800 | 1,080 | - | 1,718 |
| Entity Type | Public | Public | Private | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Amiram Boehm | Chairman | Executive Board | 2023 | 52 |
| Adi Sfadia | Chief Executive Officer | Senior Management | 2020 | 53 |
| Gil Benyamini | Chief Financial Officer | Senior Management | 2022 | 50 |
| Gilad Landsberg | Chief Operating Officer | Senior Management | - | 44 |
| Lior Moyal | Chief People Officer | Senior Management | - | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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