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Gilat Satellite Networks Receives $9 Million in Orders for Satellite Network Expansions
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Gilat Satellite Networks Receives $9 Million in Orders for Satellite Network Expansions
Jul 23, 2024 9:21 AM

11:46 AM EDT, 07/23/2024 (MT Newswires) -- Gilat Satellite Networks ( GILT ) said Tuesday it received more than $9 million in orders to support the network expansions of multiple satellite operators.

The company did not identify the customers.

Gilat said the deals involve enabling a wide range of services and applications, including in-flight connectivity, maritime mobility, cellular backhaul, and enterprise services.

Shares of the company were up 2.6% in recent trading.

Price: 4.66, Change: +0.12, Percent Change: +2.64

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