Gilat Satellite Networks is a public company headquartered in

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

that develops and sells

VSAT A very-small-aperture terminal (VSAT) is a two-way satellite ground station with a dish antenna that is smaller than 3.8 meters. The majority of VSAT antennas range from 75 cm to 1.2 m. Bit rates, in most cases, range from 4 kbit/s up to 16 ...

satellite ground stations and related equipment. Its shares are traded on the

NASDAQ Global Select Market The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

and on the

Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by ...

History

Gilat Satellite Networks was founded in 1987 by brothers Joshua and Amiram Levinberg, Yoel Gat, Shlomo Tirosh, Arik Keshet, and Gideon Kaplan. In its early days, Gilat struggled to compete with larger and better-established companies the likes of

EchoStar EchoStar Corporation is an American company, a worldwide provider of satellite communication and Internet services through its Hughes Network Systems and EchoStar Satellite Services business segments. EchoStar is based out of unincorporated Ara ...

. In 1998, Gilat was involved in founding Global Village Telecom (GVT), a company that built a satellite-based phone network for remote locations in

South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere at the northern tip of the continent. It can also be described as the souther ...

using the VSAT technology that was developed by Gilat. During 1998 and 1999 GVT won tenders to build rural phone networks in Colombia,

Chile Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica, occupying a long and narrow strip of land between the Andes to the eas ...

and

Peru , image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = Seal (emblem), National seal , national_motto = "Fi ...

In 2000, Gilat introduced an innovation involving VSAT technology allowing remote locations, such as the Havasupai Reservation in

Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a U.S. state, state in the Southwestern United States. It is the list of U.S. states and territories by area, 6th largest and the list of U.S. states and territories by population, 14 ...

and rural communities in

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

, to access the internet at high speeds. In February 2000, Gilat and

Microsoft Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at th ...

announced that they are co-developing a two-way satellite broadband service for consumer purposes. The satellite service delivered Internet connections at speeds of up to 1.5 Mbps and did not require a second telephone line. A new company, Gilat-To-Home, was established to deliver the broadband two-way satellite service and Microsoft took an initial 26 percent stake in the company with an investment of US$50 million. In September 2000, Gilat-To-Home changed its name to StarBand Communications and received an investment of $50 million from

, who received an equity stake of 32 percent in StarBand. In 2011, Gilat announced the creation of a new division, headed by Brigadier General ( Res.) Moshe Tamir, expanding its presence in the U.S. defense market.

Strategic acquisitions

Products

* SkyEdge, SkyEdge II and NetEdge * MLT-1000 ruggedized spread-spectrum satellite modem

References

{{Authority control Telecommunications companies of Israel Telecommunications companies established in 1987 Companies listed on the Nasdaq Companies listed on the Tel Aviv Stock Exchange 1987 establishments in Israel

History

Strategic acquisitions

Products

See also

References