Market TractionGilat Satellite Networks received more than $60 million in orders for its Stellar Blu ESA Sidewinder in-flight connectivity terminals, indicating strong market traction.
Revenue GrowthThe company raised its revenue guidance significantly, expecting strong growth driven by commercial and Peru segments.
Strategic Market PositionGilat is one of the leading global providers of modems, antennas, and solid state power amplifiers (SSPAs) in the highly strategic $3 billion satellite communications infrastructure market.