Gilat Gets $9 Million in Orders for SkyEdge Platforms; Shares Rise

MT Newswires Live

2025/01/06

Gilat Satellite Networks (GILT) got $9 million in orders from undisclosed major satellite operators.

The orders for satellite communications platforms SkyEdge IV and SkyEdge II-c equipment and services are scheduled for delivery in the next 12 months, Gilat said Monday in a statement.

The company's shares rose 10% in recent Monday trading.

Price: 6.71, Change: +0.61, Percent Change: +10.00

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