Gilat Satellite Networks NASDAQ: GILT outlined its growth strategy across satellite connectivity, in-flight communications and defense markets during a presentation hosted by Canaccord Genuity, highlighting recent orders, its planned acquisition of Comtech and its financial outlook for the year.
Gilat Satellite Networks is uniquely positioned to benefit from the growing complexity and fragmentation in the satellite communications industry. GILT's Q2 2026 results showed 17% YoY revenue growth and 31% adjusted EBITDA growth, reflecting a shift toward higher-margin integrated solutions. The pending $157.5M Comtech acquisition is expected to double GILT's defense revenues, broaden its technology portfolio, and enable larger contract bids.
GILT's Q2 earnings call spotlights a stronger second half for Defense, record IFC terminal deliveries and the Comtech deal's scale potential.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| HL Howard Lu FIRST WILSHIRE SECURITIES MANAGEMENT Inc. | 462,978 | $2.11M | $5.33M | $3.22M | 152.75% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 33 | $479.66 | $369.93 | -$109.73 | -22.88% |
| CAL CSM Advisors LLC CSM Advisors LLC | 288,900 | $2.05M | $3.33M | $1.28M | 62.34% |
Jeffery Yorg Focus Partners Advisor Solutions LLC | 11,471 | $172,294.42 | $133,293.02 | -$39,001.4 | -22.64% |
| YL Yosef Levy Y.D. More Investments Ltd. | 677,813 | $9.35M | $7.88M | -$1.47M | -15.73% |
| Communications Equipment Industry | Information Technology Sector | Adi Sfadia CEO | NASDAQ (NGS) Exchange | M51474118 CUSIP |
| IL Country | 1,159 Employees | 20 Jan 2021 Last Dividend | 16 Apr 2003 Last Split | - IPO Date |
Gilat Satellite Networks Ltd., established in 1987 and headquartered in Petah Tikva, Israel, is a global leader in providing satellite-based broadband communication solutions. Operating in multiple countries, including Israel, the United States, and Peru, Gilat Satellite Networks Ltd. engages in the design, development, and deployment of an extensive range of products and services across three main segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. The company serves a diverse clientele, including communication service providers, satellite operators, Mobile Network Operators (MNOs), and system integrators, catering to the needs of enterprise, government, defense, and homeland security organizations, as well as residential users. Furthermore, Gilat’s solutions facilitate social inclusion by providing essential connectivity in remote areas.
A comprehensive solution enabling the management and operation of satellite communications networks, designed for efficiency and scalability.
Compact, cost-effective satellite terminals for broadband communication, catering to a wide array of applications including enterprise connectivity and remote education.
Advanced components that enhance communication signal strength, reliability, and mobility for uninterrupted connectivity on the move.
Key technologies for amplifying and converting frequencies to enable high-quality satellite transmissions.
Specialized equipment designed for robust and secure communication needs of defense and homeland security missions.
Comprehensive field support including installation, maintenance, and troubleshooting to ensure optimal system performance and reliability.
Custom solutions catering to the broadcast industry, enabling efficient distribution of content over satellite networks.
End-to-end services for building and operating fiber optic and wireless networks, ensuring broadband connectivity across diverse terrains.
Turnkey solutions offering network planning, optimization, remote operations, and support for seamless satellite communication operations.
Providing internet access, telephony, and managed network services to enterprise, government, residential customers, and facilitating social inclusion through broadband connectivity.
Utilizing fiber-optic and wireless technologies to construct telecommunication infrastructure for enhanced broadband services.