financetom
Business
financetom
/
Business
/
Gilat Satellite Unit Wins $4 Million in Contracts for Portable Satellite Terminals
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Gilat Satellite Unit Wins $4 Million in Contracts for Portable Satellite Terminals
Jan 28, 2025 7:29 AM

10:13 AM EST, 01/28/2025 (MT Newswires) -- Gilat Satellite Networks ( GILT ) said Tuesday that its DataPath unit was awarded $4 million in contracts for portable satellite terminals from unnamed global defense customers.

The orders comprise CCT200, CCT120, and QCT90 portable terminals, with delivery planned over the next 12 months, the company said, adding that these portable terminals offer reliable, high-speed connectivity in tough environments.

Shares of Gilat Satellite Networks ( GILT ) were up nearly 2% in recent trading.

Price: 6.90, Change: +0.13, Percent Change: +1.92

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
T-Mobile US Says T-Satellite Will Become Commercially Available on July 23
T-Mobile US Says T-Satellite Will Become Commercially Available on July 23
Jun 24, 2025
07:19 AM EDT, 06/24/2025 (MT Newswires) -- T-Mobile US ( TMUS ) said Monday that its satellite-to-mobile service, T-Satellite with Starlink, will become commercially available on July 23. T-Satellite will support SMS texting, MMS, picture messaging and short audio clips, the company said, adding that it will also launch a data service on Oct. 1. T-Satellite's coverage will extend over...
Market Chatter: Boeing's Role in 737 MAX 9 Cabin Panel Blowout to be Scrutinized by US Air Safety Regulator
Market Chatter: Boeing's Role in 737 MAX 9 Cabin Panel Blowout to be Scrutinized by US Air Safety Regulator
Jun 24, 2025
07:19 AM EDT, 06/24/2025 (MT Newswires) -- Boeing's ( BA ) role in the January 2024 mid-air blowout of a 737 Max 9 panel cabin will be discussed at a US National Transportation Safety Board hearing on Tuesday, Reuters reported. The US air safety regulator is expected to harshly criticize Boeing's ( BA ) safety culture and failure to install...
Nuvalent Reports Positive Data From Phase 1/2 Trial of Zidesamtinib in Lung Cancer
Nuvalent Reports Positive Data From Phase 1/2 Trial of Zidesamtinib in Lung Cancer
Jun 24, 2025
07:19 AM EDT, 06/24/2025 (MT Newswires) -- Nuvalent ( NUVL ) reported Tuesday positive data from its phase 1/2 clinical trial of zidesamtinib in tyrosine kinase inhibitor pre-treated patients with advanced ROS1-positive non-small cell lung cancer, or NSCLC. The company said 117 patients under the study demonstrated an objective response rate by blinded independent central review, or ORR by BICR,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved