Tag Archives: Israel

Virgin Orbit, the California-based small satellite launch company, has signed an agreement with ImageSat International (ISI), a global leader in space-based intelligence solutions, to develop an end-to-end responsive space service offering focused on national security customers.

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced on 29 January 2020 that Comtech has agreed to acquire Gilat in a cash and stock transaction for $10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately $532.5 million.

Israel's leading satellite network manufacturer and provider Gilat Satellite Networks Ltd., listed on the Tel Aviv Stock Exchange and Nasdaq, is believed to be in advanced discussions with a large, yet unnamed, multinational company that is interested in acquiring the Israeli firm, according to a report on Israeli tech news website CalcaList.com.

Following the retirement of David Pollack on 1 January 2020, Israel’s Spacecom has announced the appointment of Itzhak Shnaiberg as the company’s interim chief executive officer.

Israel Aerospace Industries (IAI) will develop and build Israel’s national communication satellite, the "Dror 1."

Gilat Satellite Networks Ltd., a worldwide leader in satellite networking technology, solutions and services, announced on 17 December 2019 that Gilat’s In-Flight Connectivity (IFC) Electronically Steered Antenna (ESA) is the first-ever to operate during flight on a commercial aircraft, thus well positioning Gilat to win the vast opportunities in the fast changing market of ESA.

An Indian Space Research Organisation (ISRO) Polar Satellite Launch Vehicle (PSLV), in its fiftieth flight (PSLV-C48), successfully launched RISAT-2BR1 along with nine commercial satellites from Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota, on 11 December 2019.

Gilat Satellite Networks Ltd., a worldwide leader in satellite networking technology, solutions and services, announced on 4 December 2019 that its subsidiary Wavestream received orders for over U.S.$6 million from the U.S. Department of Defense (DoD) for its state-of-the-art GaN BUCs,  to be supplied as the first award of a five-year base-period of potentially over U.S.$10 million of deliveries to the U.S. DoD.

Gilat has confirmed that it has achieved the fastest ever modem speeds of 1.2 Gbps total throughput over Telesat’s Phase 1 LEO satellite. This industry milestone demonstrates the potential of high throughput Non-Geostationary Orbit (NGSO) satellite constellations.

Gilat Satellite Networks Ltd., a worldwide leader in satellite networking technology, solutions and services, on 19 November 2019 reported its results for the third quarter ended September 30, 2019.