Gilat Satellite Networks Launches New Defense Division - February 2025 Report

Here are the key insights and information extracted from the provided section of the financial report (Form 6-K) from Gilat Satellite Networks Ltd.:

1. Filing Information:

• Type: 6-K
• Date of Report: February 18, 2025
• Reporting for the month of February 2025.

2. Company Overview:

• Name: Gilat Satellite Networks Ltd.
• Address: Gilat House, 21 Yegia Kapayim Street, Daniv Park, Kiryat Arye, Petah Tikva 4913020, Israel.
• Stock Listings: NASDAQ (GILT), TASE (GILT).

3. New Division Announcement:

• Launch of Gilat Defense Division, aimed at addressing the growing global demand for mission-critical SATCOM (Satellite Communication) solutions.
• The division will focus on secure, rapid-deployment SATCOM solutions for military and homeland security organizations, government agencies, and defense integrators.
• Gilad Landsberg appointed as President of the Defense Division.

4. Strategic Focus:

• Emphasis on supporting the U.S. Department of Defense (DoD) and allied forces.
• Integration of technologies from Gilat and its subsidiaries (Gilat DataPath, Gilat Wavestream, and Gilat Stellar Blu) to provide comprehensive solutions with multiple layers of communication redundancy.

5. Product Offerings:

• Solutions to be showcased at the Satellite 2025 show in Washington, D.C.
• Introduction of specific products such as:
• • GLT 1500 terminal
  • DataPath 2.6m antenna solution
  • Aquarius DS Family of products (including Aquarius Pro DS and Aquarius E DS).

6. Market Position and Commitment:

• The division aims to provide high-performance connectivity, ensuring reliability in challenging environments.
• Gilat Defense's solutions are trusted by NATO and global defense forces, highlighting their reputation in the market.

7. Forward-Looking Statements:

• The report includes a caution regarding forward-looking statements, indicating potential risks and uncertainties that could affect the company's performance, including market competition, economic conditions, and geopolitical risks associated with its operations in Israel.

8. Contact Information:

• Chief Product and Marketing Officer: Hagay Katz (Email: hagayk@gilat.com).
• Investor Relations contact: Alliance Advisors (Email: GilatIR@allianceadvisors.com, Phone: +1 212 838 3777).

This report indicates a significant strategic move by Gilat Satellite Networks to enhance its presence in the defense sector, reflecting an adaptation to growing market demands for secure communications solutions in military applications.