Business
Gilat Announces Appointment of Isaac Angel as Chairman of the Board
PETAH TIKVA, Israel, March 09, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking
About this update from Gilat Satellite Networks Ltd.
[{"type":"text","content":"PETAH TIKVA, Israel, March 09, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces the appointment of Isaac Angel as Gilat's Chairman of the Board. Isaac Angel's appointment is effective immediately, taking over from Dov Baharav who has stepped down and retired after a seven-year tenure. Isaac Angel brings with him a wealth of experience and accomplishments from his current and previous positions. Mr. Angel serves as Chairman of the Board and served as CEO at Ormat Technologies Inc., a global company delivering renewable power and energy solutions. Before his seven-year tenure as an officer and director at Ormat, Mr. Angel held executive positions at LeadCom Integrated Solutions, VeriFone and Lipman Electronic Engineering Ltd. \"On behalf of Gilat, I would like to welcome Mr. Angel to Gilat and am very much looking forward to working together and benefiting from his extensive experience in a growing global company,\" said Adi Sfadia, Gilat's CEO. \"We are expecting that 2021 will be a year of growth and opportunities coming out of the COVID-19 pandemic and have no doubts that Mr. Angel's vast experience will have an invaluable contribution to Gilat.\" \"Gilat has over thirty years of impressive global expertise, a strong customer base, outstanding innovative technology and talented employees, which well-positions Gilat for profitable growth,\" said Isaac Angel, Gilat's Chairman of the Board. \"I am confident that the Board will continue to successfully guide Gilat and play a significant part in its future accomplishments.\" About GilatGilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With 30 years of experience, we design and manufacture cutting-edge ground segment equipment, and provide comprehensive solutions and end-to-end services, powered by our innovative technology. Delivering high value competitive solutions, our portfolio comprises of a cloud based VSAT network platform, high-speed modems, high performance on-the-move antennas and high efficiency, high power Solid State Amplifiers (SSPA) and Block Upconverters (BUC). Gilat’s comprehensive solutions support multiple applications with a full portfolio of products to address key ap...