Gilat Satellite Networks Ltd: Corporate Profile & Financial

Quick Facts / Company Snapshot

• Corporate Name: Gilat Satellite Networks Ltd.
• Headquarters Location: Petah Tikva, Israel
• Total Revenue (2024): $305.4 million
• Operating Income (2024): $27.7 million
• Net Income (2024): $24.8 million
• Total Assets (2024): $429.7 million
• Cash and Cash Equivalents (2024): $119.4 million
• Total Shareholders’ Equity (2024): $304.4 million
• R&D Expenses, Net (2024): $38.1 million
• Full-Time Employees (2024): 1,118
• US Revenue Contribution (2024): 48%
• Satellite Networks Segment Revenue (2024): $198.2 million
• Accumulated Deficit (2024): $635.5 million
• Major Shareholder: Phoenix Holdings Ltd. (18.56%)
• Key Acquisition (2023): DataPath, Inc.
• Key Acquisition (2025): Stellar Blu Solutions LLC
• Installed Base: Over 1.6 million satellite terminals shipped
• Number of Issued Patents: 68 (VSAT/Systems), 9 (Antennas), 13 (SSPAs)
• Stock Exchange Listings: NASDAQ Global Select Market (GILT), Tel Aviv Stock Exchange (TASE)

Company Overview

Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications. With a history spanning nearly four decades, the company designs and manufactures ground-based satellite communications equipment and provides comprehensive secure end-to-end solutions and services for mission-critical operations. The company’s innovative technology portfolio drives solutions for broadband internet access, cellular backhaul over satellite, enterprise connectivity, social inclusion, In-Flight Connectivity (IFC), maritime, trains, defense, and public safety applications.

The company operates with a mission to create and deliver deep technology solutions for satellite, ground, and new space connectivity, believing in the right of all people to be connected. Gilat’s comprehensive offering includes a cloud-based satellite network platform, Very Small Aperture Terminals (VSATs), amplifiers, high-speed modems, high-performance on-the-move antennas, and high-efficiency, high-power Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs).

Beyond hardware manufacturing, Gilat has proven experience in delivering complex projects and services worldwide. The company offers complete turnkey integrated solutions, including managed satellite network services, network planning and optimization, remote network operation, call center support, and hub and field operations. Gilat also engages in the construction and installation of communication networks, typically on a Build, Operate and Transfer (BOT) or Build, Operate and Own (BOO) basis, deploying fiber-optic and wireless technologies for broadband connectivity.

With a large installed base, Gilat has shipped more than 1.6 million satellite terminals to customers in approximately 100 countries and currently supports hundreds of active networks. The company maintains a global presence with sales and support offices worldwide, three Network Operation Centers (NOCs), and R&D centers located in Israel, the United States, and Europe.

Business Segments

For the fiscal year ended December 31, 2024, Gilat Satellite Networks operated through three primary business segments. Effective January 1, 2025, the company reorganized into three new divisions (Gilat Defense, Gilat Commercial, and Gilat Peru) to align with strategic growth engines; however, the financial data for 2024 is reported under the following structure:

Satellite Networks

• 2024 Revenue: $198.2 million
• Percentage of Total Revenue: 64.9%
• Operating Scope: This segment focuses on developing and supplying networks used as the platform enabling satellite constellations of High Throughput Satellites (HTS), Very High Throughput Satellites (VHTS), and Non-GEO Stationary Orbit (NGSO) opportunities.
• Key Activities: The segment provides advanced broadband satellite communication networks, associated professional services, comprehensive turnkey solutions, and managed satellite network services. Its customer base includes service providers, satellite operators, Mobile Network Operators (MNOs), Telcos, large enterprises, system integrators, defense organizations, and governments.
• Applications: Principal applications include In-Flight Connectivity, cellular backhaul, maritime, social inclusion solutions, government, defense, and enterprise networks.
• Portfolio: The product portfolio includes the SkyEdge satellite network platform, high-speed VSATs, high-performance on-the-move antennas, BUCs, transceivers, multi-band Deployable Ku/Ka/X Earth Terminal (DKET) hubs, and durable, ultra-portable terminals.

Integrated Solutions

• 2024 Revenue: $54.9 million
• Percentage of Total Revenue: 18.0%
• Operating Scope: This segment is dedicated to developing, manufacturing, and supplying products and solutions for mission-critical defense and broadcast satellite communications systems.
• Key Activities: It focuses on advanced on-the-move and on-the-pause satellite communications equipment, systems, and solutions, including airborne and ground-mobile satellite systems.
• Portfolio: The product line features high-efficiency, high-power SSPAs, BUCs, and transceivers with field-proven performance across a variety of frequency bands.
• Customers: Primary customers include satellite operators, In-Flight Connectivity service providers, defense and homeland security system integrators, NGSO satellite operators, and gateway integrators.

Network Infrastructure and Services

• 2024 Revenue: $52.3 million
• Percentage of Total Revenue: 17.1%
• Operating Scope: This segment focuses on telecom operation and the implementation of large-scale network projects, primarily in Peru.
• Key Activities: It provides terrestrial (fiber optic and wireless network) and satellite network construction and operation. The segment serves customers through technology integration, managed networks and services, connectivity services, internet access, and telephony over its own networks.
• Business Model: Projects are typically implemented using various technologies (including third-party technology) mainly based on Build, Operate and Transfer (BOT) and Build, Operate and Own (BOO) contracts.

History and Evolution

Gilat Satellite Networks Ltd. was incorporated in Israel in 1987. The company established itself as a technological leader early in its history, shipping its first-generation VSAT in 1989. Over nearly four decades, Gilat has maintained its position at the forefront of the satellite ground equipment industry through continuous investment in research and development.

Throughout its evolution, the company has expanded its capabilities beyond core VSAT networks to deliver complete and comprehensive solutions. This expansion includes the delivery of interdisciplinary, communication-based projects where VSATs may not be the sole component. The company has demonstrated the ability to deploy communication networks in remote and challenging terrains, overcoming technological hurdles such as lack of electrical or physical infrastructure.

Significant recent strategic moves include the acquisition of DataPath, Inc. in November 2023. DataPath is a US-based expert systems integrator specializing in trusted communications for the U.S. Department of Defense Military and Government sectors. This acquisition was aimed at increasing Gilat’s foothold in the growing defense market.

In a major development for its commercial aviation strategy, Gilat entered into an agreement in June 2024 to acquire Stellar Blu Solutions LLC (SBS), a leading US-based provider of next-generation SATCOM terminal solutions. This acquisition was completed on January 6, 2025. The integration of SBS is intended to serve as a cornerstone for the company’s expansion in the In-Flight Connectivity (IFC) market.

Effective January 1, 2025, to better target diverse end markets and provide greater insight into business lines, Gilat restructured its operations into three new segments: Gilat Defense Division, Gilat Commercial Division, and Gilat Peru Division. This restructuring reflects the company’s increased focus on the defense market and the IFC sector as primary growth engines.

Products and Services

Gilat offers a wide array of hardware and service solutions designed to meet the connectivity needs of various sectors.

SkyEdge Family of Network Systems

• Description: A multi-service hub platform enabling service providers to support applications across all markets.
• SkyEdge II-c: Powered by Gilat’s distributed X-Architecture, this cloud-based platform enables efficient ground segment deployment supporting single or multi-beam satellites. It supports broadband services for enterprise, cellular backhaul, IFC, maritime, and consumer applications.
• SkyEdge IV: The next-generation multi-service platform built with Elastix-Architecture. It is designed for multi-orbit operations, enabling deployment on GEO Very High Throughput Satellites (VHTS) as well as Non-GEO Stationary (NGSO) constellations. It supports speeds of up to 1.5 Gbps.

VSAT Terminals

• Gemini: A family of compact high-throughput routers designed for high-speed broadband services for residential and enterprise customers.
• Capricorn: Ultra-high-performance satellite routers used for corporate services, cellular backhauling (2G/3G/4G/5G), IP trunks, and mobility services. Capricorn includes patented cellular data acceleration technology.
• Taurus: Used for in-flight satellite communication connectivity, supporting broadband IFC and IPTV. It serves as an ultra-high-performance aero-modem manager (MODMAN).
• Aquarius: A family of VSATs supporting speeds up to 1.5 Gbps, designed for 5G, mobility, and maritime demands. It features roaming capabilities between NGSO and GEO networks.

Integrated Solutions Products (Wavestream)

• SSPAs and BUCs: The portfolio includes Radio Frequency (RF) amplifiers, Block Up Converters (BUCs), and transceivers using solid-state sources.
• Spatial AdvantEdge Technology: A patented technology that allows for higher output power in compact packages with greater reliability and energy efficiency.
• AeroStream: A state-of-the-art transceiver for in-flight satellite communications, certified for commercial and military aircraft.

Defense and Mobility Terminals (DataPath)

• C-Series and Q-Series Portables: Man-portable terminals providing on-the-go high-performance satellite communication capabilities.
• DKET 3400 and DKET 3421: A family of Deployable Ku/Ka/X Earth Terminal (DKET) transportable hubs, offering multi-band operation and scalable modem architecture.

Antenna Systems

• RaySat Series: Low-profile, in-motion, two-way antennas for satellite communication on the move. These are used for IFC, trains, military, and digital satellite news gathering.
• ESR 2030: An Electronically Steered Antenna (ESA) for business aviation operating in LEO constellations.
• Sidewinder: A full ESA terminal solution (acquired via SBS) optimized for multi-orbit service (LEO and GEO), selected by satellite operators and airlines.

Services and Turnkey Solutions

• Managed Services: Satellite network services over Gilat’s own networks or third-party capacity.
• Network Infrastructure: Construction and installation of communication networks (fiber-optic and wireless).
• Operations: Network planning, optimization, remote network operation, call center support, and field operations.

Brand Portfolio

Gilat manages several distinct brands and product families that serve specific market niches.

SkyEdge

The SkyEdge brand encompasses Gilat’s core network platforms and VSAT terminals. It represents the company’s capability to deliver high-throughput, multi-service satellite networking. The SkyEdge IV system is the latest iteration, specifically designed to support the digitization of the space industry with software-defined satellites and multi-orbit constellations.

Wavestream

Operating under the Integrated Solutions segment, Wavestream is a recognized brand for high-power Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs). Wavestream products are critical for mission-critical defense and broadcast satellite communications systems, known for their patented Spatial AdvantEdge technology.

RaySat

RaySat represents Gilat’s line of low-profile, in-motion antenna systems. These products are compact and aerodynamic, designed for vehicle mounting to deliver mission-critical data, voice, and video in real-time for civilian and military applications.

DataPath

Following the 2023 acquisition, DataPath operates as a key brand within the defense sector. It is an expert systems integrator for the U.S. Department of Defense, specializing in portable and transportable terminals like the DKET and C-Series/Q-Series, providing resilient battlefield connectivity.

Stellar Blu Solutions (SBS)

Recently acquired in 2025, SBS brings the Sidewinder brand into Gilat’s portfolio. This brand is associated with next-generation Satcom terminal solutions, particularly Electronically Steered Antennas (ESA) for the In-Flight Connectivity (IFC) market.

Geographical Presence

Gilat sells and distributes its products and provides services internationally. The company has organized its sales activities by geographic areas, with groups or subsidiaries covering most regions of the world.

United States

• 2024 Revenue: $145.8 million
• Percentage of Total Revenue: 47.7%
• Operations: The U.S. is the company’s largest market. Operations include the headquarters, R&D, engineering, and manufacturing facilities of Wavestream in San Dimas, California. The DataPath subsidiary operates out of Duluth, Georgia, with office, integration, and warehouse space. The newly acquired SBS subsidiary has facilities in San Diego, California, and Fort Worth, Texas.

Peru

• 2024 Revenue: $52.4 million
• Percentage of Total Revenue: 17.2%
• Operations: Peru is a significant market for the Network Infrastructure and Services segment. Gilat operates large-scale government contracts (PRONATEL Regional Projects) for the construction and operation of fiber and wireless networks. The company maintains offices in Lima and principal cities in the awarded regions.

Israel

• 2024 Revenue: $15.4 million
• Percentage of Total Revenue: 5.0%
• Operations: Israel serves as the global corporate headquarters. It houses main research and development, engineering facilities, and product assembly operations in Petah Tikva.

Other Regions

• 2024 Revenue: $91.9 million
• Percentage of Total Revenue: 30.1%
• Operations: This category encompasses sales to Asia, Asia Pacific, Europe, and Africa. The company maintains R&D and manufacturing facilities in Sofia, Bulgaria, and R&D centers in Moldova and Spain.

Financial Performance Analysis

Gilat’s financial performance in 2024 reflects growth in revenue and stable profitability, driven by strategic acquisitions and strong performance in the Satellite Networks segment.

Consolidated Performance Trends

• Revenue Growth: Total revenue increased from $266.1 million in 2023 to $305.4 million in 2024, representing a year-over-year growth of 14.8%.
• Operating Income Stability: Operating income remained relatively stable, moving from $28.1 million in 2023 to $27.7 million in 2024.
• Net Income Increase: Net income grew to $24.8 million in 2024 from $23.5 million in 2023.

Profit and Loss Analysis

• Total Revenues: $305.4 million [2024]
• Cost of Revenues: $192.1 million [2024]
• Gross Profit: $113.3 million [2024]
• Gross Margin: 37.1% [2024] (Calculated: 113.3 / 305.4)
• Research and Development Expenses, Net: $38.1 million [2024]
• Selling and Marketing Expenses: $27.4 million [2024]
• General and Administrative Expenses: $26.9 million [2024]
• Total Operating Expenses: $85.6 million [2024]
• Operating Income: $27.7 million [2024]
• Operating Margin: 9.1% [2024] (Calculated: 27.7 / 305.4)
• Financial Income, Net: $1.5 million [2024]
• Income Before Taxes: $29.2 million [2024]
• Taxes on Income: $4.4 million [2024]
• Net Income: $24.8 million [2024]
• Basic Earnings Per Share: $0.44 [2024]
• Diluted Earnings Per Share: $0.44 [2024]

Balance Sheet Analysis

Assets

• Total Current Assets: $255.6 million. This includes Cash and Cash Equivalents of $119.4 million, Trade Receivables of $49.6 million, and Inventories of $38.9 million.
• Property and Equipment, Net: $70.8 million.
• Intangible Assets, Net: $12.9 million.
• Goodwill: $52.5 million.
• Total Assets: $429.7 million.

Liabilities

• Total Current Liabilities: $101.4 million. This includes Trade Payables of $17.1 million and Accrued Expenses of $45.4 million.
• Total Long-Term Liabilities: $23.9 million.
• Total Liabilities: $125.3 million (Calculated: Current + Long-Term).

Equity

• Share Capital: $2.7 million.
• Additional Paid-in Capital: $943.3 million.
• Accumulated Deficit: $(635.5) million.
• Total Shareholders’ Equity: $304.4 million.

Liquidity Position

• Current Ratio: 2.52 (Calculated: 255.6 / 101.4).
• Cash Position: The company holds a strong cash position with $119.4 million in cash and cash equivalents, providing significant liquidity for operations and strategic initiatives.

Cash Flow Analysis

• Net Cash Provided by Operating Activities: $31.7 million [2024]. This positive cash flow was primarily due to net income of $24.8 million and depreciation/amortization of $13.6 million, offset by changes in working capital.
• Net Cash Used in Investing Activities: $6.6 million [2024]. Primary uses included the purchase of property and equipment totaling $6.6 million.
• Net Cash Used in Financing Activities: $8.1 million [2024]. This included the repayment of short-term debts and credit facilities.
• Effect of Exchange Rate Changes: $(1.5) million [2024].
• Net Increase in Cash, Cash Equivalents, and Restricted Cash: $15.5 million [2024].
• Cash at End of Period: $120.2 million [2024] (Including restricted cash).

Board of Directors and Leadership Team

Board of Directors

• Amiram Boehm: Chairman of the Board of Directors. Served since December 2012. Former Partner in FIMI Opportunity Funds.
• Adi Sfadia: Chief Executive Officer and Director. Served as CEO since November 2020. Formerly CFO of Gilat.
• Ronit Zalman Malach: Independent Director. Member of Audit, Nomination and ESG Committees. CFO of Israeli Railways.
• Amir Ofek: Director. Member of Nomination and ESG Committee. CEO of AxoniusX.
• Aylon (Lonny) Rafaeli: Independent Director. Member of Compensation, Nomination and ESG Committees. Strategy and business development consultant.
• Dafna Sharir: Independent Director. Member of Audit, Nomination and ESG Committees. Independent consultant in M&A.
• Elyezer Shkedy: External Director. Member of Audit, Compensation, and Nomination and ESG Committees. Major General (ret.), former CEO of El-Al Israel Airlines.
• Ami Shafran: External Director. Member of Audit, Compensation, and Nomination and ESG Committees. Major General (ret.), venture partner at Moneta Capital.

Executive Officers

• Gil Benyamini: Chief Financial Officer.
• Ron Levin: Chief Commercial Officer.
• Gilad Landsberg: Chief Operating Officer.
• Lior Moyal: Chief People Officer.
• Hagay Katz: Chief Product and Marketing Officer.
• Aharon Mullokandov: Chief R&D Officer.
• Doron Kerbel: General Counsel & Company Secretary.
• Roni Stoleru: Senior Vice President Corporate Business Development.

Subsidiaries, Associates, Joint Ventures

The company has several significant subsidiaries that are wholly owned (100% ownership).

• Wavestream Corporation: Incorporated in Delaware (U.S.). This subsidiary is central to the Integrated Solutions segment, focusing on the design and manufacture of high-power SSPAs and BUCs.
• Gilat Networks Peru S.A.: Incorporated in Peru. This entity executes the large-scale regional projects for PRONATEL and operates the Network Infrastructure and Services segment in Peru.
• DataPath Inc.: Incorporated in Georgia (U.S.). Acquired in 2023, this subsidiary is a systems integrator for the U.S. DoD and government sectors.
• Stellar Blu Solutions LLC: Incorporated in Delaware (U.S.). Acquired in January 2025, focusing on next-generation SATCOM terminal solutions.

Physical Properties

Gilat owns and leases various facilities globally to support its R&D, manufacturing, and operational needs.

• Israel (Petah Tikva): The company owns its corporate headquarters, consisting of approximately 380,000 square feet. This facility houses executive offices, main R&D, engineering, and product assembly. A portion is subleased to third parties.
• Bulgaria (Sofia): Gilat owns 13,500 square feet of R&D facilities and rents 12,200 square feet of manufacturing facilities.
• Moldova: The company rents 17,300 square feet for R&D, global services, and global NOC activities.
• USA (San Dimas, CA): Wavestream leases 32,500 square feet of office, R&D, and manufacturing space.
• USA (Duluth, GA): DataPath leases 108,707 square feet of office, integration, and warehouse space.
• USA (San Diego, CA): SBS leases 6,200 square feet of office space.
• USA (Fort Worth, TX): SBS leases 33,700 square feet of office, integration, and warehouse space.
• Peru (Lima): Subsidiaries occupy 35,000 square feet of office space and NOC facilities.

Segment-wise Performance

Satellite Networks

• Revenue (2024): $198.2 million (Up 18% YoY from $168.5 million in 2023).
• Gross Profit (2024): $84.2 million.
• Operating Income (2024): $15.4 million.
• Performance Driver: The increase in revenue is primarily attributable to the contribution of DataPath, acquired in November 2023.

Integrated Solutions

• Revenue (2024): $54.9 million (Up 19% YoY from $46.1 million in 2023).
• Gross Profit (2024): $16.7 million.
• Operating Loss (2024): $(0.4) million.
• Performance Driver: The revenue increase is primarily attributable to higher revenues from the defense vertical.

Network Infrastructure and Services

• Revenue (2024): $52.3 million (Up 2% YoY from $51.4 million in 2023).
• Gross Profit (2024): $12.5 million.
• Operating Income (2024): $12.7 million.
• Performance Driver: Revenue increase attributable to higher construction revenues, mainly due to the expansion of the Amazonas project.

Founders

Gilat Satellite Networks Ltd. was incorporated in Israel in 1987. The company launched its first-generation VSAT product in 1989. Specific detailed biographies of the original founders are not provided in the 2024 Annual Report; the document focuses on the current board and executive leadership.

Shareholding Pattern

• Major Shareholder: Phoenix Holdings Ltd.
• Shares Owned: 10,584,500 ordinary shares.
• Percentage Ownership: 18.56% (as of March 19, 2025).
• Directors and Executive Officers: As a group (16 persons), they hold 2,257,500 shares, representing 3.96% beneficial ownership.
• Public/Other: The remaining shares are held by public investors on NASDAQ and TASE.

Parent

Gilat Satellite Networks Ltd. does not have a parent company. It is a publicly traded company with no single shareholder owning more than 50% of the voting rights. Phoenix Holdings Ltd. is the largest shareholder but does not hold a controlling interest as defined by a majority stake.

Investments and Capital Expenditure Plans

• R&D Spending: In 2024, Gilat’s net research and development expenses were $38.1 million. The company invests heavily in improving space spectral efficiency, developing enhanced functionality for IFC applications, and optimizing solutions for cellular backhaul.
• Capital Expenditures: In 2024, the net cash used in investing activities for the purchase of property and equipment was $6.6 million.
• Strategic Acquisitions: The company utilized cash resources for the acquisition of DataPath ($4.1 million net cash used in 2023) and funded the initial $98 million closing payment for SBS in January 2025 using existing cash and a new $60 million credit facility.
• Start-up Investment: In February 2025, the company committed to investing up to $3.5 million in Crosense, an early-stage startup developing drone detection technology.

Future Strategy

Gilat has outlined a strategic restructuring effective January 1, 2025, to drive future growth, focusing on three new operating segments:

• Gilat Defense Division: This division aims to provide secure, rapid-deployment solutions for military organizations, leveraging the DataPath acquisition to focus on the U.S. DoD. The strategy is to deliver resilient battlefield connectivity.
• Gilat Commercial Division: This division will focus on advanced broadband satellite communication networks for IFC, Enterprise, and Cellular Backhaul. The acquisition of SBS is a cornerstone of this strategy, bolstering the company’s position in the IFC market with next-generation ESA terminal solutions.
• Gilat Peru Division: This division will continue to specialize in end-to-end telco solutions, implementing large-scale network projects using terrestrial and satellite technologies to provide reliable internet and voice access.

Strategic Priorities:

• Continue to serve as a key partner for VHTS and NGSO satellite operators.
• Expand presence in the IFC market through the SBS acquisition and ESA technology.
• Fortify leadership in the 4G/LTE and 5G cellular backhaul market.
• Expand presence in the defense market globally and in the U.S.

Key Strengths

• Market Leadership: Sold over 1.6 million satellite terminals to customers in approximately 100 countries.
• Technology Leadership: Innovation in cloud-based platforms (SkyEdge IV), solid-state power amplifiers (Wavestream), and electronically steered antennas.
• Diversified Revenue Streams: A balanced mix of equipment sales (63% in 2024) and recurring services revenue (37% in 2024).
• Global Presence: Strong foothold in the US, Latin America, and other international markets with local support offices and NOCs.
• Turnkey Capabilities: Proven ability to deliver complex, large-scale infrastructure projects, such as the PRONATEL regional projects in Peru.
• Financial Health: Strong cash position of $120.2 million and profitable operations with $24.8 million net income in 2024.

Key Challenges and Risks

• Customer Concentration: A significant portion of revenue relies on a limited number of customers. In 2024, three major customers accounted for 38% of total revenues.
• Geopolitical Risks: The company is incorporated in Israel, where political and security conditions (including the ongoing war with Hamas) can affect operations. Additionally, operations in Peru are subject to political complexity and potential social unrest.
• Dependence on Large Contracts: Revenue is heavily derived from large-scale contracts awarded via competitive bidding. Losing a small number of bids could significantly impact results.
• Supply Chain Dependencies: Reliance on a limited number of suppliers for key components could lead to manufacturing delays or price increases.
• Competition: Intense competition from larger corporations and new entrants in the satellite communications market, including LEO constellation operators like Starlink and Kuiper.
• Regulatory Compliance: Operations are subject to extensive regulation, including US export control laws (ITAR/EAR) and environmental laws.

Conclusion and Strategic Outlook

Gilat Satellite Networks Ltd. enters 2025 with a fortified strategic direction, marked by a significant reorganization into Defense, Commercial, and Peru divisions. The acquisitions of DataPath and Stellar Blu Solutions have materially expanded the company’s capabilities in the high-growth defense and In-Flight Connectivity markets. With a robust financial foundation, including strong liquidity and consistent profitability, Gilat is well-positioned to capitalize on the industry shift toward multi-orbit satellite constellations and the increasing demand for ubiquitous connectivity. The company’s continued investment in next-generation technologies like SkyEdge IV and Electronically Steered Antennas underscores its commitment to maintaining technological leadership in a competitive and evolving global landscape.

Official Site: https://www.gilat.com

FAQ Section:

1. What was Gilat Satellite Networks’ total revenue in 2024? Gilat reported a total revenue of $305.4 million for the fiscal year ended December 31, 2024.
2. Who is the CEO of Gilat Satellite Networks? Adi Sfadia serves as the Chief Executive Officer of Gilat Satellite Networks.
3. What are Gilat’s main business segments? In 2024, Gilat operated through Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. Starting 2025, it reorganized into Gilat Defense, Gilat Commercial, and Gilat Peru.
4. Where is Gilat Satellite Networks headquartered? The company’s corporate headquarters are located in Petah Tikva, Israel.
5. What major acquisitions did Gilat complete recently? Gilat acquired DataPath, Inc. in November 2023 and completed the acquisition of Stellar Blu Solutions LLC in January 2025.
6. Who is the largest shareholder of Gilat? Phoenix Holdings Ltd. is the largest shareholder, holding approximately 18.56% of the company’s shares as of March 2025.
7. What is the SkyEdge IV platform? SkyEdge IV is Gilat’s next-generation multi-service platform designed for multi-orbit operations, supporting both VHTS and NGSO satellite constellations.
8. Does Gilat pay dividends? Gilat does not have a general policy regarding dividend distribution. However, it distributed cash dividends in 2019, 2020, and 2021.

Content is based on publicly available corporate filings, regulatory disclosures, annual reports, 10-K filings, Investor Relations materials, and direct mail communication with the company.