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Gilat Enters Strategic Agreement Valued at Tens of Millions of Dollars with a Large Government Corporation in Asia Pacific
The equipment and multi-year managed-services contract includes enterprise connectivity, with a large potential for expansion to additional applications PETAH
About this update from Gilat Satellite Networks Ltd.
[{"type":"text","content":"The equipment and multi-year managed-services contract includes enterprise connectivity, with a large potential for expansion to additional applications\nPETAH TIKVA, Israel, May 03, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Gilat entered a strategic agreement valued at tens of millions of dollars, including a potential for significant project expansions, with a large government corporation in Asia Pacific. The equipment and multi-year managed-services contract will enable connectivity for multiple applications across the nation. Gilat is responsible for building and operating the network to provide nationwide coverage for a range of applications. These include, but are not limited to enterprise applications, with strong opportunities for cellular backhaul, emergency-response and mobility applications such as Comms on-the-move and Comms on-the-pause. Gilat's multi-service single platform, SkyEdge II-c and its wide set of fine-tuned VSATS, will answer the government's requirement for robust connectivity to the country's most remote areas. \"This strategic partnership follows successful delivery over the past years and will leverage Gilat's strong technical and management abilities for robust solutions,\" said Abhay Kumar, Regional Vice President, APJ at Gilat. “Gilat is fully committed to the project's success and is dedicated to help deliver the essential high-quality customer experience to address the needs of the people, as mandated by the Government Corporation.\" 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 applications including broadband access...