Blockchain Registration Transaction Record

Gilat Secures $65M Private Placement for Satellite Tech Expansion

Gilat Satellite Networks raises $65M in private placement from Israeli investors to fund satellite technology expansion and global connectivity solutions for defense and commercial markets.

This funding round demonstrates investor confidence in the growing satellite communications sector, which is crucial for global connectivity, defense systems, and emergency communications. As satellite technology becomes increasingly vital for remote work, disaster response, and national security, Gilat's strengthened financial position enables continued innovation in critical infrastructure that keeps people connected during crises and supports economic development in underserved regions. The investment also highlights Israel's growing prominence in defense and communications technology markets.