Gilat completes acquisition of Stellar Blu Solutions LLC to supercharge IFC growth
01/07/25, 10:08 AM
Location
petah tikva
dallasIndustry
hardware
information technology
satellite communication
aerospace
hardware
Gilat Satellite Networks Ltd. has successfully closed the acquisition of Stellar Blu Solutions LLC, a leading provider of next-generation SATCOM terminal solutions. This acquisition is expected to significantly boost Gilat’s presence in the In-Flight Connectivity (IFC) market, establishing the company as a global leader in aviation and high-end mobility for ESA applications. The acquisition is projected to add $120-150 million in annual revenues in 2025, contributing to Gilat’s strategic expansion and market leadership.
Company Info
Location
Petah Tikva, Center District, Israel
Company info
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 create and deliver deep technology solutions for satellite, ground and new space connectivity and provide comprehensive end-to-end solutions and services, powered by our innovative technology. 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.