PETAH TIKVA, February 11, 2021 (GLOBE NEWSWIRE) – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a global leader in satellite network technology, solutions and services, announces that Gilat has launched original aero modems, out of a multi-million dollar capacity in China . China’s leading system integrator, to install Gilat aero modem, for the Ka-band In-flight Entertainment and Connectivity (IFEC) system, on the entire fleet of China’s first airline and on additional domestic airlines .
IFEC is aboard the first aircraft already in operation, providing commercial service with incredible performance, enabled by Gilat’s aero modem, Taurus. The Chinese airline is the first fleet out of a capacity of 3,500 commercial aircraft operating in China.
“Gilat is very grateful for the close partnership with the Chinese integrator, and the joint effort to upgrade the airline’s air ramps with Taem, Gilat’s certified aero modem,” said Yuan Si, China’s Country Manager for Gilat. “We are pleased to see the aviation connectivity industry moving forward in China and look forward to equipping additional airlines with Gilat’s high-performance aero modem, which giving travelers access to an excellent IFEC user experience. “
About Gilat
Gilat 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 state-of-the-art equipment, and provide complete solutions and end-to-end services, powered by our innovative technology. Delivering high-value competitive solutions, our portfolio includes cloud-based VSAT network platform, high-speed modems, high-performance and high-efficiency on-air antennas, high-performance Solid State Amplifiers -power (SSPA) and Block Upconverters (BUC).
Gilat’s complete solutions support multiple applications with a full package of products to address key applications including broadband access, cell background, enterprise, flight connection, marine, trains, defense and public safety, all of which meet the most stringent service level requirements. Gilat’s controlling shareholders are FIMI Private Equity Funds. For more information, visit: www.gilat.com
Some of the statements made here are not historically forward-looking within the meaning of the Private Securities Literature Reform Act 1995. The words “estimate”, “project”, “expect”, “expect” ”,“ Believe ”and similar phrases are intended to indicate positive statements. These forward-looking statements include known and unknown risks and uncertainties. Many factors may cause Gilat’s actual results, performance, or achievements to differ materially from any future results, performance, or achievements that may be attributed to or identified by progressive statements, including, among others, the dangers associated with the revolution and globalization. transmission of the coronavirus pandemic (COVID-19); changes in general economic and industrial conditions, inability to maintain market acceptance of Gilat products, inability to develop and introduce new technologies, products and applications, rapid market changes for Gilat products, loss of market share and price pressures due to competition, introduction of competitive products with other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified employees retention, the inability to protect the Company’s proprietary technology and risks associated with Gilat’s international activity and its location in Israel. For further information regarding the other risks and uncertainties related to the Gilat industry, reference will be made to the Gilat reports filed from time to time by the Securities and Exchange Commission. We take no responsibility for updating or reviewing preview statements for any reason.
Contact:
Gilat satellite networks
Doreet Oren, Director of Corporate Communications
[email protected]
GK Investment and Public Relations
Ehud Helft, Managing Partner
[email protected]