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Gilat Awarded Over $22 Million in Orders from Tier One Satellite Operators

1. Gilat received over $22 million in orders from satellite operators. 2. Orders scheduled for delivery within the next 12 months. 3. Demand reflects trust in Gilat’s advanced satellite connectivity solutions. 4. Gilat's technology supports various orbital constellations and applications. 5. Confidence underscores Gilat's role in evolving satellite connectivity markets.

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Why Bullish?

The significant order amount and growing demand in the IFC market will likely enhance Gilat's revenues. Historically, similar order announcements have positively influenced stock prices if accompanied by earnings growth.

How important is it?

The article highlights major new orders that confirm Gilat's competitive position in the satellite industry, providing strong evidence of ongoing business growth.

Why Short Term?

The immediate delivery schedule of orders suggests a rapid impact on revenues within the next year, aligning with short-term investor interests. Past trends show that such contracts can create near-term positive market sentiment.

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PETAH TIKVA, Israel, July 09, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that its Commercial Division has received over $22 million in orders from leading satellite operators around the world. The orders are scheduled for delivery over the next 12 months. These new orders reflect Gilat’s growing role in enabling advanced connectivity across GEO, MEO, and LEO constellations, supporting a diverse set of applications with particular traction in the rapidly growing In-Flight Connectivity (IFC) market. The demand highlights satellite operators’ trust in Gilat’s field-proven products and solutions, designed to deliver the performance and scalability required for next-generation satellite networks. From ground segment infrastructure and system management to specialized solutions for mobility and broadband services, Gilat’s comprehensive offerings help operators drive value and performance across their networks. “Our ongoing partnership with leading satellite operators underscores Gilat’s critical role in the evolution of satellite connectivity,” said Ron Levin, President of Gilat’s Commercial Division. “These new orders demonstrate confidence in our capabilities to support large-scale, high-performance deployments while reinforcing our position as a key enabler across all orbital architectures.” Gilat continues to deliver innovation across its multi-orbit portfolio, empowering satellite operators to meet the growing global demand for broadband, mobility, and enterprise connectivity. About Gilat Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world. Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services. Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel, including those related to Israel’s preemptive strike against Iran’s nuclear project and the continued hostilities between Israel and Iran, and the hostilities between Israel and Hamas. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason. Contact: Gilat Satellite NetworksHagay Katz, Chief Product and Marketing Officerhagayk@gilat.com Alliance Advisors:GilatIR@allianceadvisors.comPhone: +1 212 838 3777

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