Gilat completes acquisition of Stellar Blu Solutions
Paris, France (SPX) Jan 07, 2025
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) has finalized the acquisition of Stellar Blu Solutions LLC, a US-based innovator in next-generation SATCOM terminal technologies. This strategic move positions Gilat to strengthen its role in the expanding In-Flight Connectivity (IFC) market. Based on Stellar Blu's strong backlog, Gilat projects annual revenues from the acquisition t
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) has finalized the acquisition of Stellar Blu Solutions LLC, a US-based innovator in next-generation SATCOM terminal technologies. This strategic move positions Gilat to strengthen its role in the expanding In-Flight Connectivity (IFC) market. Based on Stellar Blu's strong backlog, Gilat projects annual revenues from the acquisition t