Gilat Satellite Networks Ltd (GILT): Gilat Captures Greater Maritime Market S...

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Thursday, 01/13/2022 8:29:41 AM

Thursday, January 13, 2022 8:29:41 AM

Gilat Captures Greater Maritime Market Share in New Deal with Eurasian Satellite Service Provider

https://finance.yahoo.com/news/gilat-captures-greater-maritime-market-120400799.html

Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that the Company has captured a greater share of the maritime market in a new deal with a Eurasian satellite service provider that is set to enable expanded maritime connectivity in the region.
Gilat’s SkyEdge II-c system, equipped with Gemini and Capricorn VSATs, will be used to deliver connectivity for vessels at sea, primarily providing broadband communication for commercial fishing and maritime transport market segments.

“Our penetration into the maritime market in Eurasia further fortifies Gilat's global mobility leadership in the satellite communication market," said Barak Lerer, Gilat's Regional Vice President for EMEA & Eurasia. “Maritime is an important strategic focus market for Gilat and we are proud of this achievement, capturing more of the market and enabling satellite communication for fishing, maritime transport, and other industries in Eurasia.”