Gilat Satellite Networks Secures $11.8M to Power Next-Generation Global Connectivity Solutions

Gilat Satellite Networks Ltd. is excited to announce that we have successfully raised $11,800,000 in new funding to bolster our mission of connecting the world through advanced satellite-based broadband communications. With more than 35 years of pioneering expertise in the field, our company has consistently delivered deep technology solutions that integrate satellite, ground, and emerging space connectivity systems. Our innovative portfolio—which includes a cloud-based platform, high-performance satellite terminals, Satellite On-the-Move (SOTM) antennas, and highly efficient power amplifiers and block upconverters—has positioned us as a leader in creating comprehensive end-to-end communications solutions that cater to diverse applications ranging from broadband access and mobility to cellular backhaul, military, government, and enterprise needs. The new capital infusion is strategically planned to accelerate product development and expand our reach into new markets, including opportunities in the rapidly evolving field of Software-Defined Satellites (SDS) and Very High Throughput Satellites (VHTS). By investing in next-generation satellite constellations and enhancing our cloud-based infrastructure, we aim to deliver even higher value solutions while maintaining the utmost reliability and performance demanded by our global clientele. This funding will also support our commitment to ensuring that every individual has access to quality communication services, regardless of geography. As we continue to break down connectivity barriers and drive technological advancements, our dedication to innovation and customer satisfaction remains our prime focus. To learn more about our journey and our forward-looking initiatives, please visit www.gilat.com.