The order is a positive but modest contract win for Gilat, reinforcing its position in the Indian satellite connectivity market. Monitor for further order disclosures or revenue recognition in upcoming quarterly reports to gauge materiality.
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Executive Summary
Gilat Satellite Networks received a multimillion-dollar order from Nelco, a leading Indian Satcom provider, for its SkyEdge IV hub platform to deploy a Ka-band service network using the GSAT-N2 satellite. Deliveries are expected over the next 12 months, supporting Aero IFC, cellular backhaul, and enterprise connectivity.
Key Facts
- Order from Nelco, a leading Satcom service provider in India
- Multimillion-dollar value (exact amount undisclosed)
- Deliveries expected over the next 12 months
- SkyEdge IV hub platform selected for Ka-band network using GSAT-N2 satellite
- Supports Aero IFC, cellular backhaul, and enterprise connectivity segments
Financial Impact
Multimillion-dollar order (exact amount not disclosed)
Risk Factors
- Exact order value undisclosed, limiting assessment of financial impact
- Execution and delivery risks over the 12-month timeline
- Competition from other satellite networking providers in India
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3287517 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Press Release | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.63 (−5.22%) |
Oct 15, 2026 11d ago | 6-K | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.63 (−5.22%) |
Oct 8, 2026 18d ago | 6-K | $9.32 $8.94 | ▼ −4.08% | ▼ −4.68% | $7.63 (−18.13%) |
Oct 7, 2026 19d ago | 6-K | $9.22 $9.32 | ▲ +1.08% | ▲ +1.51% | $7.63 (−17.25%) |
Oct 5, 2026 21d ago | Press Release | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.63 (−18.83%) |
Oct 5, 2026 21d ago | 6-K | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.63 (−18.83%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.63 (−22.93%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.63 (−22.93%) |
Aug 17, 2026 10w ago | 6-K | $11.24 $10.88 | ▼ −3.20% | ▼ −2.53% | $7.63 (−32.12%) |
Aug 10, 2026 11w ago | 6-K | $11.21 $11.62 | ▲ +3.66% | ▲ +3.41% | $7.63 (−31.94%) |
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