Gilat Satellite Networks Ltd., a prominent technology company headquartered in Petah Tikva, Israel, has recently announced a significant development in its business operations. The company, which specializes in the design, development, manufacturing, marketing, and support of very small aperture terminal satellite earth stations and related hub equipment and software, has secured a substantial order from a European Ministry of Defence. This contract is set to enhance mission-critical communication capabilities, with deliveries scheduled over the next year.
The order involves the supply of custom SATCOM terminals, which are engineered to provide resilient connectivity in demanding environments. These terminals are characterized by their rugged construction and multi-orbit operability, making them ideal for defence applications where reliability and performance are paramount. Gilat’s leadership has emphasized the growing demand for adaptable, high-performance satellite communications within defence contexts, highlighting the company’s continued reputation for delivering reliable solutions.
Gilat Satellite Networks Ltd. operates within the Information Technology sector, specifically in the Communications Equipment industry. The company is listed on the Nasdaq stock exchange, with its shares trading at a close price of $11.81 as of June 25, 2026. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of $20.93 on May 10, 2026, and a low of $6.94 on June 30, 2025. The company’s market capitalization stands at approximately $746.23 million, with a price-to-earnings ratio of 23.93.
Founded on March 25, 1993, Gilat has established itself as a leader in the satellite communications industry. Its broader portfolio includes advanced satellite terminals, high-throughput systems, and software-defined platforms, catering to both commercial and defence markets. The recent order from the European Ministry of Defence underscores the confidence of a key international client in Gilat’s proven technologies and its ability to meet stringent operational requirements.
This development not only reinforces Gilat’s position in the defence sector but also reflects the company’s ongoing commitment to innovation and excellence in satellite communications. As the demand for robust and adaptable communication solutions continues to grow, Gilat Satellite Networks Ltd. is well-positioned to meet the needs of its diverse clientele, further solidifying its reputation as a trusted provider of cutting-edge satellite technology.
