Gilat Satellite Networks: The Shovel Seller for In-Flight Internet. The breakout should be sustainable.

Gilat Satellite Networks (GILT) provides the crucial link between space and the user. The business model focuses on the so-called Ground Segment: antennas, modems, and network platforms that make data from GEO, MEO, and LEO satellites usable. Scalability arises from system solutions, high switching costs, and certifications, particularly in the defense sector. With the acquisition of Stellar Blu, Gilat has strategically evolved into a systems provider for In-Flight Connectivity (IFC). Operationally, growth is significantly accelerating. The commercial...