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Gilat Secures $27 Million for Gilat's Stellar Blu Portfolio

1. Gilat secured $27 million for its ESA Terminal technology. 2. Deliveries of technology expected over the next 12 months. 3. Airborne communications market is seeing strong momentum with sustained investments. 4. Innovation in connectivity solutions enhances Gilat's position in commercial markets. 5. Expansion of the Sidewinder platform indicates growth potential for Gilat.

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Why Bullish?

The $27 million contract signals strong demand and potential revenue growth, similar to past successful contracts that led to price increases. The aviation market's positive trajectory may sustain investor confidence in GILT.

How important is it?

The announcement impacts investor sentiment around GILT's growth prospects, particularly in the expanding aviation segment, making it crucial for short-term market evaluations.

Why Short Term?

The expected deliveries within 12 months indicate immediate revenue potential, which could positively influence stock performance quickly, as seen when previous contracts were announced.

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BIDULMTBA
PETAH TIKVA, Israel, June 10, 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 secured $27 million for Gilat Stellar Blu’s ESA Terminal technology. Deliveries are expected primarily over the next 12 months. Gilat Stellar Blu’s compact, high-performance, multi-orbit ESA terminal, technology, products and solutions are gaining traction across the aviation market as they are designed to meet the increasing connectivity demands of commercial, business and defense airborne platforms. The platform enables high-capacity communications with the agility and scalability required for next-generation aviation networks. The market for airborne communications is seeing strong momentum, with sustained investment from all sectors. This trend supports continued demand for innovative, high-value connectivity solutions worldwide. “These orders and deliveries represent an important step forward in the continued expansion of our Sidewinder platform,” said Tracy Trent, President of Gilat Stellar Blu. With Gilat Stellar Blu’s innovation and momentum, we’re enabling more and more agile, scalable, and mission-critical airborne communications solutions for commercial, business and defense sectors.” 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 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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