Gilat Awarded Approximately $20 Million in Contract Renewal and Extension from Tier-1 MNO in the USA

Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it was awarded a renewal and extension contract of approximately $20 million from a Tier-1 MNO in the United States. In a multi-year agreement, Gilat is continuing as the end-to-end managed services provider of satellite-based cellular backhaul and emergency response for this long-term leading customer.

Gilat is the leading global 4G cellular backhaul over satellite solution provider demonstrating unparalleled capabilities in technology, delivery, and operation. Furthermore, Gilat’s superior technology enables a smooth transition to 5G as well as to next generation multi-orbit constellations and VHTS satellites.

“This significant contract renewal and extension follows a strong track-record with the Tier-1 MNO, and it is a testament to Gilat’s proven ability to provide the desired user experience with its renowned SkyEdge II-c platform, while consistently and professionally delivering on day-to-day operational needs,” said Yossi Gal, Vice President of Regional Sales at Gilat. “With proven expertise, a can-do attitude, and a winning global team, we endeavor to bring real value to our partners as we work together to provide innovative communication solutions to all reaches of the world.”