Latest news with #SATCOM
Yahoo
a day ago
- Business
- Yahoo
Gilat Defense Lands Multimillion-Dollar Israeli SATCOM Contract
Gilat Satellite Networks Ltd. GILT has announced that its defense division, Gilat Defense, secured a multimillion-dollar contract from Israel's Ministry of Defense. Under the agreement, the company will deliver and integrate advanced satellite communication (SATCOM) systems and related services. The deliveries are scheduled to be completed by the end of 2025. The contract involves the swift deployment of advanced SATCOM systems designed to meet the specific operational needs of Israel's defense forces. These systems are well-suited for a broad spectrum of military communication requirements, built and engineered to function in challenging and unpredictable conditions. Management stated that SATCOM is increasingly proving to be a vital and indispensable tool for defense forces worldwide. As a leading developer and supplier of mission-critical solutions, the company expressed pride in delivering a customized, time-sensitive solution for the Israeli Ministry of Defense. This accomplishment showcases the company's capability to address complex operational requirements with both speed and precision. Gilat Strengthens Defense Unit GILT, a leading provider of satellite-based broadband services, offers advanced solutions across sectors like In-Flight Connectivity (IFC), defense and public safety. With rising global demand for defense SATCOM, driven by NGSO growth and geopolitical tensions, Gilat is well-positioned to capitalize on these trends through its deep expertise and continued investment in secure, high-performance satellite communication technologies. The company's Defense unit is gaining healthy momentum, driven by increased global investment in secure, mission-critical communication technologies. In a world increasingly shaped by geopolitical uncertainties, nations and agencies are expanding their communication infrastructure to ensure security, resilience and operational agility. Gilat's wide-ranging portfolio positions it well to meet this rising demand, making defense a more prominent revenue stream. Gilat Satellite Networks Ltd. Price and Consensus Gilat Satellite Networks Ltd. price-consensus-chart | Gilat Satellite Networks Ltd. Quote In the second quarter of 2025, Gilat's Defense division strengthened its growth foundation amid rising global defense spending and demand for secure SATCOM solutions. The company engaged customers across North America, Europe and Asia-Pacific, leveraging synergies between Gilat DataPath and Wavestream. The Israeli Ministry of Defense placed orders exceeding $8 million for Gilat DataPath systems in the second quarter, underscoring the strength and versatility of its technology. In addition, Gilat DataPath secured a contract to provide field and technical services for the U.S. Army, starting with an initial order of more than $7 million. The program includes an option to extend for up to five years, with a potential total value of approximately $70 million. Gilat Defense also advanced its focused roadmap and broadened sales initiatives to enhance awareness of its technological expertise and its critical role in supporting the satellite connectivity needs of the U.S. and allied defense agencies. Second-quarter revenues totaled $105 million, marking a 37% increase from the same period last year. Commercial revenues (65.8% of second-quarter net sales) rose 59.1% year over year, fueled by the Stellar Blu acquisition, acquired in early January, adding $36 million in revenues, partly offset by the end of its operations in Russia in 2024. Defense revenues (19%) decreased a marginal 0.9% year over year. Peru revenues (15.2%) increased 21.9% year over year. Buoyed by strong first-half results, a solid backlog and a healthy pipeline across all major segments, management has raised its 2025 outlook. Revenues are now expected to be in the range of $435 million to $455 million, up from the previous forecast of $415 million to $455 million. Adjusted EBITDA is projected between $50 million and $53 million compared with the earlier range of $47 million to $53 million. Gilat's Zacks Rank & Stock Price Performance GILT currently carries a Zacks Rank #1 (Strong Buy). Shares of the company have soared 98.3% in the past year compared with the Zacks Satellite and Communication industry's growth of 50.9%. Image Source: Zacks Investment Research Stocks to Consider From the Computer and Technology Space Some better-ranked stocks from the broader technology space are CDW Corporation CDW, ExlService Holdings, Inc. EXLS and Genpact Limited G. CDW, EXLS and G carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. CDW Corporation's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing in one, with the average surprise being 3.29%. In the last reported quarter, CDW delivered an earnings surprise of 4.42%. Its shares have declined 13.3% in the past six months. ExlService's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 7.55%. In the last reported quarter, EXLS delivered an earnings surprise of 8.89%. Its shares have increased 23% in the past year. Genpact's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 5.15%. In the last reported quarter, G delivered an earnings surprise of 3.53%. Its shares have increased 15.3% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Genpact Limited (G) : Free Stock Analysis Report ExlService Holdings, Inc. (EXLS) : Free Stock Analysis Report Gilat Satellite Networks Ltd. (GILT) : Free Stock Analysis Report CDW Corporation (CDW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Associated Press
29-07-2025
- Business
- Associated Press
Gilat Awarded Over $8 Million from Israel's Ministry of Defense for Strategic Defense Communication Solutions
PETAH TIKVA, Israel, July 29, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its defense division, Gilat Defense, has been awarded a contract valued at over $8 million by Israel's Ministry of Defense for the delivery and integration of satellite communication systems and services. Deliveries are expected in the next 12 months. The contract includes deployment of advanced SATCOM systems tailored to meet the operational requirements of Israel's defense forces. These systems are engineered for operation in harsh and unpredictable environments, making them ideal for a wide range of military communication needs. 'The Israeli defense market was identified as a strategic priority for Gilat and this important win demonstrates the results of that focus,' said Gilad Landsberg, President of Gilat Defense. 'It also highlights the strength of our unified defense offering, bringing together Gilat, Gilat Wavestream, and Gilat DataPath into one cohesive team that delivers a level of capability and innovation far beyond the individual parts.' About Gilat 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 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. 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 cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and 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. Gilat's products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: Gilat Satellite Networks Hagay Katz, Chief Product and Marketing Officer [email protected] Alliance Advisors: [email protected] Phone: +1 212 838 3777
Business Standard
25-07-2025
- Business
- Business Standard
Bharat Electronics bags additional defence orders worth Rs 563 cr
Bharat Electronics (BEL) has announced that it has secured additional orders worth Rs 563 crore since its last disclosure on 30 June 2025. According to an exchange filing, the new orders include a wide array of defence-related equipment and services such as the National Maritime Domain Awareness system, inertial navigation systems for guns, communication equipment, active antenna array units, SATCOM interception systems, seekers, target acquisition systems, jammers, spares, and other related services. The official announcement was made on 24 July 2025, after market hours. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. The Government of India (GoI) remains BEL's largest shareholder with the current shareholding of 51.14%. Bharat Electronics (BEL)s standalone net profit surged 18.01% to Rs 2,104.78 crore on a 6.93% rise in revenue from operations to Rs 9,119.71 crore in Q4 FY25 over Q4 FY24.
Yahoo
21-05-2025
- Business
- Yahoo
UAV Satellite Communication Market to Grow USD 10.79 Billion by 2032
UAV Satellite Communication Market growth is driven by rising UAV adoption, enhanced connectivity needs, and advancements in satellite communication tech. Austin, May 21, 2025 (GLOBE NEWSWIRE) -- UAV Satellite Communication Market Size & Growth Insights: According to the SNS Insider Report, 'The UAV Satellite Communication Market was valued at USD 6.21 billion in 2023 and is expected to reach USD 10.79 billion by 2032, growing at a CAGR of 6.38% over the forecast period 2024-2032.' Next-Gen Connectivity Driving the Future of UAV SATCOM Operations The global UAV Satellite Communication (SATCOM) market is experiencing rapid expansion, driven by the increasing demand for reliable, high-bandwidth connectivity across diverse applications such as defense, logistics, agriculture, and disaster management. As UAV deployments continue to rise, especially in remote or hostile environments, the need for real-time data transmission and secure communication has become paramount. Military operations such as reconnaissance, border surveillance, and emergency response are increasingly reliant on SATCOM technology. commercial UAVs are also adopting these systems to improve operational efficiency. The U.S. UAV Satellite Communication Market is estimated to be USD 1.68 billion in 2023 and is projected to grow at a CAGR of 5.85%. Get a Sample Report of UAV Satellite Communication Market @ Leading Market Players with their Product Listed in this Report are: Inmarsat (SwiftBroadband) Viasat Inc. (VR-12 Ku-band Antenna System) Iridium Communications Inc. (Iridium Certus) Hughes Network Systems (Hughes 9450-C10 BGAN Terminal) SES S.A. (O3b mPOWER) Thales Group (FlytLINK Certus 200) Cobham Aerospace Communications (AVIATOR UAV 200) L3Harris Technologies (Lynx UAV SATCOM) Honeywell Aerospace (JetWave MCX SATCOM) General Dynamics Mission Systems (TACLANE-FLEX) Northrop Grumman (Freedom Radio SATCOM System) Airbus Defence and Space (Proteus UAV SATCOM) SpaceX (Starlink for Government) Blue Sky Network (SkyLink 7100) Orbit Communications Systems (MPT 30WG Airborne SATCOM Terminal). UAV Satellite Communication Market Report Scope: Report Attributes Details Market Size in 2023 USD 6.21 Billion Market Size by 2032 USD 10.79 Billion CAGR CAGR of 6.38% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By UAV Type (Fixed-wing, Rotary-wing, Hybrid)• By Component (Transceivers, Antennas, Modems, Power amplifiers, Others)• By Application (Military & defense, Civil & commercial, Government, Others) Key Drivers • Rising Demand for Reliable UAV Satellite Communication Drives Market Growth in Multiple Sectors Worldwide.• Expansion of Civil and Commercial UAV Applications Drives Demand for Advanced Satellite Communication Systems. Advancements in component miniaturization, including antennas and transceivers, are making SATCOM solutions more compact, efficient, and affordable for small and large UAVs alike. The U.S. market, bolstered by initiatives like SpaceX's Star Shield program and increased investment in low Earth orbit satellite networks, is leading global development. These factors collectively position SATCOM as a vital enabler for the future of UAV operations worldwide. Purchase Single User PDF of UAV Satellite Communication Market Report (20% Discount) @ UAV Satellite Communication Market Trends by Type, Component, and Application By UAV Type In 2023, the fixed-wing UAV segment led the UAV satellite communication market with a 47.3% share, driven by its superior aerodynamic efficiency, long-range capabilities, and endurance ideal for military surveillance, border patrol, and strategic reconnaissance missions. These UAVs are typically used in beyond-visual-line-of-sight (BVLOS) operations, heavily relying on satellite communications for real-time data transmission and long-distance control. The hybrid UAV segment is projected to grow at the fastest CAGR from 2024 to 2032. Hybrid UAV technology combines the takeoff/landing capabilities of rotatory wing UAVs with the extended and flight endurance of fixed-wing by providing a flexible and efficient hybrid UAV that can cover a greater range of military and civil applications such as natural disaster response, infrastructure surveillance, and long distance transport bringing them new markets across the world. By Component In 2023, transceivers accounted for 36.1% of total revenue in the UAV satellite communication market, as they play a key role in creating and maintaining the communication links between UAVs and satellites. The subsystems are critical for instant data transfer, navigation, and control, namely in BVLOS activities such as military and surveillance missions. From 2024 to 2032, the antenna segment is expected to grow at the highest rate, as a result of an increased adoption for lightweight, compact, and better performing systems. Developments in phased-array and low-profile antennas and the expansion of LEO satellite constellations globally are increasing UAV utility in commercial and defense roles. By Application In 2023, the military and defense segment held a dominant 46.5% share of the UAV satellite communication market, owing to increased utilization in monitoring, reconnaissance, border security and tactical operations. SATCOM systems provide on-the-fly, far-reaching management of vital defense resources in out of reach or hostile environments. From 2024 to 2032, the civil and commercial segment is expected to grow at the highest CAGR, as agricultural application of drones are on rise due to their usage in commercial agriculture for in-crop steady spraying, in agriculture for soil & field analysis and soil by software, disaster management, infrastructure and logistics and delivery of hardware and electronics components to individual customers (also in warehouse ).BVLOS operations and support from regulatory bodies is expected to drive the adoption of SATCOM for UAS. Regional Momentum in UAV SATCOM with North America Leading and Asia Pacific Accelerating North America dominated the UAV satellite communication market in 2023 with a 35.6% share owing to huge investments for defense modernization, high use of UAVs in military operations and a strong satellite infrastructure. Big defense names such as General Atomics, Northrop Grumman and Lockheed Martin, together with substantial R&D investments, have also reinforced the region's leading position. For instance, the American military utilizes MQ-9 Reaper drones with SATCOM for reaching the distant lines for ISR missions in a real-time and long distance command and control. The Asia Pacific region is set to register the highest CAGR from 2024 to 2032 fueled by increasing defense budgets growing commercial UAV demand and investments in SATCOM infrastructure. Countries like China India and Japan are expanding UAV capabilities across sectors. Notably India's GAGAN system enhances satellite-based navigation for both civil aviation and UAV applications supporting growing needs in surveillance agriculture and disaster management. Do you have any specific queries or need any customized research on UAV Satellite Communication Market? Submit your inquiry here @ Recent Developments: In May 2024, Iridium and Blue Sky Network are providing satellite connectivity for Chevron's AiRanger UAS pipeline surveillance, following the FAA's first-ever BVLOS waiver granted to American Aerospace Technologies, enabling beyond visual line of sight operations with onboard detect and avoid systems. In Nov 2024, Thales launched CoastShield, an AI-powered modular coastal surveillance system offering real-time monitoring up to 100 nautical miles, integrating advanced sensors like CoastWatcher radar and UAVs to enhance maritime situational awareness and threat detection. Table of Contents - Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 5.1 UAV Fleet Distribution 5.2 SATCOM Component Shipment Volume 5.3 Fab-equivalent Insight – Ground Station Deployment 5.4 UAV Battery Life & Efficiency 6. Competitive Landscape 7. UAV Satellite Communication Market, by UAV Type 8. UAV Satellite Communication Market, by Component 9. UAV Satellite Communication Market, by Application 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 | +44- 20 3290 5010 (UK)
Yahoo
21-05-2025
- Business
- Yahoo
UAV Satellite Communication Market to Grow USD 10.79 Billion by 2032
UAV Satellite Communication Market growth is driven by rising UAV adoption, enhanced connectivity needs, and advancements in satellite communication tech. Austin, May 21, 2025 (GLOBE NEWSWIRE) -- UAV Satellite Communication Market Size & Growth Insights: According to the SNS Insider Report, 'The UAV Satellite Communication Market was valued at USD 6.21 billion in 2023 and is expected to reach USD 10.79 billion by 2032, growing at a CAGR of 6.38% over the forecast period 2024-2032.' Next-Gen Connectivity Driving the Future of UAV SATCOM Operations The global UAV Satellite Communication (SATCOM) market is experiencing rapid expansion, driven by the increasing demand for reliable, high-bandwidth connectivity across diverse applications such as defense, logistics, agriculture, and disaster management. As UAV deployments continue to rise, especially in remote or hostile environments, the need for real-time data transmission and secure communication has become paramount. Military operations such as reconnaissance, border surveillance, and emergency response are increasingly reliant on SATCOM technology. commercial UAVs are also adopting these systems to improve operational efficiency. The U.S. UAV Satellite Communication Market is estimated to be USD 1.68 billion in 2023 and is projected to grow at a CAGR of 5.85%. Get a Sample Report of UAV Satellite Communication Market @ Leading Market Players with their Product Listed in this Report are: Inmarsat (SwiftBroadband) Viasat Inc. (VR-12 Ku-band Antenna System) Iridium Communications Inc. (Iridium Certus) Hughes Network Systems (Hughes 9450-C10 BGAN Terminal) SES S.A. (O3b mPOWER) Thales Group (FlytLINK Certus 200) Cobham Aerospace Communications (AVIATOR UAV 200) L3Harris Technologies (Lynx UAV SATCOM) Honeywell Aerospace (JetWave MCX SATCOM) General Dynamics Mission Systems (TACLANE-FLEX) Northrop Grumman (Freedom Radio SATCOM System) Airbus Defence and Space (Proteus UAV SATCOM) SpaceX (Starlink for Government) Blue Sky Network (SkyLink 7100) Orbit Communications Systems (MPT 30WG Airborne SATCOM Terminal). UAV Satellite Communication Market Report Scope: Report Attributes Details Market Size in 2023 USD 6.21 Billion Market Size by 2032 USD 10.79 Billion CAGR CAGR of 6.38% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By UAV Type (Fixed-wing, Rotary-wing, Hybrid)• By Component (Transceivers, Antennas, Modems, Power amplifiers, Others)• By Application (Military & defense, Civil & commercial, Government, Others) Key Drivers • Rising Demand for Reliable UAV Satellite Communication Drives Market Growth in Multiple Sectors Worldwide.• Expansion of Civil and Commercial UAV Applications Drives Demand for Advanced Satellite Communication Systems. Advancements in component miniaturization, including antennas and transceivers, are making SATCOM solutions more compact, efficient, and affordable for small and large UAVs alike. The U.S. market, bolstered by initiatives like SpaceX's Star Shield program and increased investment in low Earth orbit satellite networks, is leading global development. These factors collectively position SATCOM as a vital enabler for the future of UAV operations worldwide. Purchase Single User PDF of UAV Satellite Communication Market Report (20% Discount) @ UAV Satellite Communication Market Trends by Type, Component, and Application By UAV Type In 2023, the fixed-wing UAV segment led the UAV satellite communication market with a 47.3% share, driven by its superior aerodynamic efficiency, long-range capabilities, and endurance ideal for military surveillance, border patrol, and strategic reconnaissance missions. These UAVs are typically used in beyond-visual-line-of-sight (BVLOS) operations, heavily relying on satellite communications for real-time data transmission and long-distance control. The hybrid UAV segment is projected to grow at the fastest CAGR from 2024 to 2032. Hybrid UAV technology combines the takeoff/landing capabilities of rotatory wing UAVs with the extended and flight endurance of fixed-wing by providing a flexible and efficient hybrid UAV that can cover a greater range of military and civil applications such as natural disaster response, infrastructure surveillance, and long distance transport bringing them new markets across the world. By Component In 2023, transceivers accounted for 36.1% of total revenue in the UAV satellite communication market, as they play a key role in creating and maintaining the communication links between UAVs and satellites. The subsystems are critical for instant data transfer, navigation, and control, namely in BVLOS activities such as military and surveillance missions. From 2024 to 2032, the antenna segment is expected to grow at the highest rate, as a result of an increased adoption for lightweight, compact, and better performing systems. Developments in phased-array and low-profile antennas and the expansion of LEO satellite constellations globally are increasing UAV utility in commercial and defense roles. By Application In 2023, the military and defense segment held a dominant 46.5% share of the UAV satellite communication market, owing to increased utilization in monitoring, reconnaissance, border security and tactical operations. SATCOM systems provide on-the-fly, far-reaching management of vital defense resources in out of reach or hostile environments. From 2024 to 2032, the civil and commercial segment is expected to grow at the highest CAGR, as agricultural application of drones are on rise due to their usage in commercial agriculture for in-crop steady spraying, in agriculture for soil & field analysis and soil by software, disaster management, infrastructure and logistics and delivery of hardware and electronics components to individual customers (also in warehouse ).BVLOS operations and support from regulatory bodies is expected to drive the adoption of SATCOM for UAS. Regional Momentum in UAV SATCOM with North America Leading and Asia Pacific Accelerating North America dominated the UAV satellite communication market in 2023 with a 35.6% share owing to huge investments for defense modernization, high use of UAVs in military operations and a strong satellite infrastructure. Big defense names such as General Atomics, Northrop Grumman and Lockheed Martin, together with substantial R&D investments, have also reinforced the region's leading position. For instance, the American military utilizes MQ-9 Reaper drones with SATCOM for reaching the distant lines for ISR missions in a real-time and long distance command and control. The Asia Pacific region is set to register the highest CAGR from 2024 to 2032 fueled by increasing defense budgets growing commercial UAV demand and investments in SATCOM infrastructure. Countries like China India and Japan are expanding UAV capabilities across sectors. Notably India's GAGAN system enhances satellite-based navigation for both civil aviation and UAV applications supporting growing needs in surveillance agriculture and disaster management. Do you have any specific queries or need any customized research on UAV Satellite Communication Market? Submit your inquiry here @ Recent Developments: In May 2024, Iridium and Blue Sky Network are providing satellite connectivity for Chevron's AiRanger UAS pipeline surveillance, following the FAA's first-ever BVLOS waiver granted to American Aerospace Technologies, enabling beyond visual line of sight operations with onboard detect and avoid systems. In Nov 2024, Thales launched CoastShield, an AI-powered modular coastal surveillance system offering real-time monitoring up to 100 nautical miles, integrating advanced sensors like CoastWatcher radar and UAVs to enhance maritime situational awareness and threat detection. Table of Contents - Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 5.1 UAV Fleet Distribution 5.2 SATCOM Component Shipment Volume 5.3 Fab-equivalent Insight – Ground Station Deployment 5.4 UAV Battery Life & Efficiency 6. Competitive Landscape 7. UAV Satellite Communication Market, by UAV Type 8. UAV Satellite Communication Market, by Component 9. UAV Satellite Communication Market, by Application 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 | +44- 20 3290 5010 (UK)
