PETAH TIKVA, Israel, Aug.  17, 2026  (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, announced today that its

GILT

Gilat Signs $14 Million Agreement to Expand Broadband Internet Access in Peru

Gilat Secures $14M Ayacucho Fiber Project, 18-Month Delivery

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>PETAH TIKVA, Israel, Aug.  17, 2026  (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, announced today that its</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Gilat Peru won a $14 million fiber-broadband contract in Ayacucho, with delivery due in 18 months under Peru&#039;s Obras por Impuestos program. The project spans 1,060 km and serves about 20,000 residents across 109 localities, benefiting 273 institutions (236 schools, 37 healthcare facilities) and expanding digital infrastructure for education and public services.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Gilat Peru signs $14 million fiber broadband deal in Ayacucho.</li><li>1,060 km fiber deployment; 273 institutions; 20,000 residents.</li><li>Delivery in 18 months under OxI program.</li><li>Digital inclusion focus supports schools and healthcare access.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Gilat Satellite Networks Ltd. (GILT)</strong>: Announces $14M Ayacucho contract; near-term revenue visibility and regional expansion.</li><li><strong>Gilat Peru (GILAT-Peru)</strong>: Peruvian subsidiary leading implementation; potential incremental revenue contribution.</li><li><strong>Regional Government of Ayacucho (Ayacucho Gov)</strong>: Funding authority; timely payments crucial for cash flow and project pace.</li><li><strong>Obras por Impuestos (OxI) program (OxI)</strong>: Peru tax-for-work program enabling infrastructure deals; potential for more contracts.</li></ul>
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  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News: Reflects Gilat&#039;s geographic expansion into Peru&#039;s public broadband projects and reinforces government-infrastructure exposure as a revenue driver.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Contract value of $14 million; revenue to accrue over 18 months.</li><li>1,060 km fiber rollout expands Peru backlog and service footprint.</li><li>OxI program signals ongoing government broadband demand.</li><li>Execution milestones and public-sector focus could lift near-term visibility.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Contract value: $14 million.</li><li>Delivery timeline: 18 months.</li><li>Scope: 1,060 km of optical fiber.</li><li>273 public institutions (236 schools, 37 healthcare facilities).</li><li>Serves ~20,000 residents across 109 localities.</li><li>Gilat Peru leads project execution.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish on GILT over 12-18 months as Ayacucho fiber project revenue ramps.</p>
  </section>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">PETAH TIKVA, Israel, Aug.  17, 2026  (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GILT">GILT</a>, TASE: GILT)), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has signed an agreement valued at $14 million with the Regional Government of Ayacucho for the execution of a fiber-optic broadband project in southern Ayacucho under Peru&#39;s Works for Taxes (Obras por Impuestos – OxI) program. Delivery is expected within 18 months.</p>  <p align="justify">The project is expected to benefit 273 public institutions, including 236 schools and 37 healthcare facilities, serving approximately 20,000 residents across 109 localities. The project’s scope includes the deployment of more than 1,060 kilometers of optical fiber, network monitoring and management systems, local area network installations, end-user equipment, and training activities to support the adoption and operation of the new digital infrastructure.</p>  <p align="justify">As regional governments continue investing in digital infrastructure to improve access to essential public services, projects such as this play an important role in expanding broadband connectivity to underserved communities. By extending connectivity to schools, healthcare facilities and other public institutions, the project will help strengthen access to essential services while creating a foundation for future digital development in the region.</p>  <p align="justify">&#34;Building on our extensive experience delivering and operating broadband infrastructure across Peru, we are proud to support this new initiative to expand connectivity to thousands more people,&#34; said <strong>Arieh Rohrstock, Corporate Senior Vice President and President, Gilat Peru</strong>. &#34;By extending access to reliable high-speed Internet services, this project will help advance digital inclusion and improve access to education, healthcare and other essential services for communities throughout the region.&#34;</p>  <p align="justify">&#34;We are pleased to continue working with Gilat on initiatives that expand connectivity and bring meaningful benefits to communities across Ayacucho,&#34; said <strong>Wilfredo </strong><strong>Oscorima Núñez</strong><strong>, </strong><strong>Regional Governor of Ayacucho</strong><strong>.</strong> &#34;This project will help extend access to education, healthcare and other essential public services, supporting our efforts to improve quality of life and create greater opportunities for residents throughout the region.&#34;</p>  <p align="justify">This new project reinforces Gilat&#39;s continued commitment to advancing digital inclusion. Through partnerships with national and regional authorities, Gilat continues to support the development of critical digital infrastructure that expands access to essential services and promotes sustainable social and economic development around the world.</p>  <p align="justify"><strong>About Gilat</strong></p>  <p align="justify">Gilat Satellite Networks Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/GILT">GILT</a>, 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.</p>  <p align="justify">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 software-defined platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and Electronically Steered Antennas (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.</p>  <p align="justify">Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: <a href="https://www.globenewswire.com/Tracker?data=uOhb6AC7lODb5ork9XtSYpkzckF99Qb97D2um9wKKbcBHf-WTXtlvDBhNi5qIErFyhsZtuZ1vc47k_Ww33CYcDWCekiDgOnqL-PtMcmC1n0=" rel="nofollow" target="_blank">https://www.gilat.com</a></p>  <p><em>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and can generally be identified by the use of forward-looking terminology such as "estimate," "project," "intend," "expect," "believe," "anticipate," "plan," "may," "will," "seek," "could," "should," or similar expressions. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements of Gilat to differ materially from those expressed in, or implied by, such statements. These risks and uncertainties include, among others, changes in general economic, market and business conditions; failure to maintain market acceptance of Gilat’s products; failure to timely develop and introduce new technologies, products and applications; rapid changes in the markets in which Gilat operates; increased competition, loss of market share or pressure on prices; loss of key OEM partners; inability to attract and retain qualified personnel; inability to protect proprietary technology; and risks associated with Gilat’s international operations and its location in Israel, including those arising from regional military conflicts and geopolitical instability. For additional information regarding these and other risks and uncertainties, please refer to Gilat’s filings with the U.S. Securities and Exchange Commission. Gilat undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.</em></p>  <p><strong><em>Contact:</em></strong></p>  <p><strong>Gilat Satellite Networks</strong><br></br>Hagay Katz, Chief Products and Marketing Officer<br></br><a href="https://www.globenewswire.com/Tracker?data=uMJQcQam-me-E7K116kY1VKz5-cgqODt0jjjk5dO1E0OjrUrrhlVPSXJ9PLW0EgJezyiqZnlZnWiyd1gmLnQD36dYOxkq__mQKRDwAlzNqWL6sUVLthQ3g3XKH9GCDx7" rel="nofollow" target="_blank">PublicRelations@gilat.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgxMTEzMCM3Nzc5MjUxIzIwMjA1NTU="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YTE2ZDY0OTktYTZkNy00MjNlLWE4ZjAtOWM2ZmQxM2QyODE0LTEwMzIzODItMjAyNi0wOC0xNy1lbg==/tiny/Gilat-Satellite-Networks-Ltd-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/3a83f1da-76ec-4c48-9e65-e6ae0139a63b"><img src="https://ml.globenewswire.com/media/3a83f1da-76ec-4c48-9e65-e6ae0139a63b/small/gilat-logo-full-color-png.png" border="0" width="150" height="69" alt="Primary Logo"></img></a></p>

Gilat Peru won a $14 million fiber-broadband contract in Ayacucho, with delivery due in 18 months under Peru's Obras por Impuestos program. The project spans 1,060 km and serves about 20,000 residents across 109 localities, benefiting 273 institutions (236 schools, 37 healthcare facilities) and expanding digital infrastructure for education and public services.

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Gilat Signs $14 Million Agreement to Expand Broadband Internet Access in Peru

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