Gilat Satellite Networks Secures $40 Million Contract for Virtualized SkyEdge IV Platform

Reuters

03 Jun

Gilat Satellite Networks Secures $40 Million Contract for Virtualized SkyEdge IV Platform

Gilat Satellite Networks Ltd. has secured a $40 million contract for its virtualized SkyEdge IV platform, marking a significant advancement in satellite ground network technology. The platform, which incorporates a cloud-native architecture and is ready for future 5G-NTN standards, is set to be delivered over the next 24 months. This development highlights Gilat's focus on innovation, enabling satellite operators to leverage a virtualized, multi-service platform adaptable to modern connectivity demands. The contract underscores Gilat's commitment to evolving the satellite communication landscape through scalable and efficient solutions, paving the way for enhanced multi-orbit services and new revenue streams.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gilat Satellite Networks Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-002037), on June 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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