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Recent Updates — GILT

September 9, 2026View Source ↗

Gilat Satellite Networks Ltd announced on September 9, 2026, that its subsidiary Gilat DataPath received an order valued at over $32 million from the U.S. Department of War for multi-band DKET Systems supporting Ku, Ka, and X-band networks. Deliveries are expected within the next 12 months to enhance U.S. defense network resilience through relocatable ground infrastructure. This award expands Gilat DataPath’s existing activity and strengthens its position in mission-critical communications programs. Gilat Satellite Networks Ltd is a global provider of satellite-based broadband communications technology, solutions, and services for commercial and defense markets.

September 8, 2026View Source ↗

Gilat Satellite Networks Ltd. completed the private placement and sale of $100 million in principal amount of convertible notes on September 7, 2026. The senior unsecured notes bear interest at 3.75% per annum, payable annually starting September 1, 2027, with a maturity date of September 1, 2031. The initial conversion price is set at $16.00 per ordinary share. Proceeds will support investments in next-generation satellite and space technologies. This company operates in the telecommunications industry, providing satellite communications solutions.

August 31, 2026View Source ↗

Gilat Satellite Networks Ltd. announced it has received commitments from Israeli institutional investors for a private placement of $100 million in convertible notes. The transaction is expected to close on September 1, 2026, subject to customary conditions. The notes bear interest at 3.75% per annum and mature on September 1, 2031. They are convertible into ordinary shares at an initial price of $16.00 per share, representing a 60% premium over the August 28, 2026 closing price of $9.94. Gilat intends to use net proceeds for general corporate purposes, focusing on next-generation satellite and space technologies. The company operates in the satellite networking technology industry, providing broadband communications solutions and services.

August 17, 2026View Source ↗

Gilat Satellite Networks Ltd announced that its Peruvian subsidiary signed a $14 million agreement with the Regional Government of Ayacucho to execute a fiber-optic broadband project under Peru's Works for Taxes program. Delivery is expected within 18 months, benefiting 273 public institutions including schools and healthcare facilities across 109 localities serving approximately 20,000 residents. The scope includes deploying over 1,060 kilometers of optical fiber and related network infrastructure. Gilat Satellite Networks Ltd operates in the satellite networking technology industry, providing broadband communications solutions for commercial and defense applications.