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Price · 1Y
$10.73
Thesis
Gilat builds the ground segment of satellite networks — gateways, modems, and VSAT terminals — and has positioned itself as an arms supplier to the LEO/NGSO constellation buildout, selling the earth-station infrastructure that every constellation needs regardless of which operator wins. A growing defense and in-flight-connectivity mix adds higher-value demand.
The investment case is profitable picks-and-shovels exposure to satellite-broadband proliferation plus defense satcom, without taking constellation-deployment risk. Risks: customer concentration around a few large constellation programs, project timing lumpiness, and exposure to operator capex cycles.
Catalysts
- Ground-system orders tied to NGSO constellation deployments
- Defense and government satcom contract flow
- In-flight / mobility connectivity wins
- Backlog and book-to-bill trends
Recent events
Material filings, federal awards, and regulatory activity. Impact is scored against market cap.