Global Eagle places $5m order with Gilat's Wavestream for In-Flight Connectivity Transceivers
14 Novembre 2019 - 2:49PM
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide
leader in satellite networking technology, solutions and services,
announced today that its subsidiary Wavestream received an order
from Global Eagle Entertainment Inc. (NASDAQ: ENT) (“Global Eagle”)
for approximately US$5 million for its industry-leading Ku-band 25W
High-Power Transceiver (HPT) in support of In-flight connectivity
(IFC). The Wavestream HPT are line fit for Boeing 737 aircraft.
Global Eagle delivers rich media content and seamless
connectivity solutions to aircraft, ships and ground stations
worldwide. To support the continued rollout of its airborne
systems, it chose the Wavestream (Inflight Connectivity) IFC
transceiver for its best-in-class quality and performance.
“We are pleased to support Global Eagle as they continue to
provide their customers high quality connectivity,” said Bob
Huffman, Wavestream’s General Manager. “This recent order reaffirms
the industry leading position that Wavestream has in this market
segment with this high-quality transceiver, that has already logged
over 20 Million flight hours."
"Wavestream is a longtime partner of Global Eagle and a reliable
high-power transceiver supplier for our inflight entertainment
content, connectivity and digital media solutions," said Mike
Pigott, SVP Connectivity, Global Eagle. "Having Wavestream’s
quality in our end-to-end solution ensures our continual customer
successes."
About Global Eagle
Global Eagle is the only international connectivity and media
content experience organization. The company serves consumers
beyond the reach of normal telecom and cable providers, bringing a
digital world of connected entertainment to the Aviation, Maritime,
Enterprise and Government markets. Through its intelligent
leadership, investment in innovation and comprehensive product
suite, it commands an envious position as an open platform single
source provider and blended solution partner. NASDAQ-listed Global
Eagle connects thousands of aircraft, ships and enterprise sites
across the globe, combining a complete entertainment streaming
solution. The company actively engages with humanitarian projects
to support a better world bringing instant connectivity solutions
to disaster incidents and areas of poverty. GlobalEagle.com.
About Wavestream Wavestream, a Gilat subsidiary
is the industry leader in the design and manufacture of next
generation satellite communications high power transceivers for In
Flight Connectivity, Ground Mobility and Gateway markets. Since
2001, we provide system integrators with field-proven, high
performance Ka, Ku and X band Solid State Power Amplifiers (SSPAs),
Block Upconverters (BUCs), Block Down Converters and Transceivers.
We design, manufacture and repair our products in-house and have
delivered over 40,000 systems in the past 15 years. Wavestream
products provide high quality and reliability under the harshest
environmental conditions and we are currently certified to ISO
9001:2008 and AS9100D standards. For further details please visit
www.wavestream.com
About Gilat Gilat Satellite Networks Ltd.
(NASDAQ: GILT, TASE: GILT) is a leading global provider of
satellite-based broadband communications. With 30 years of
experience, we design and manufacture cutting-edge ground segment
equipment, and provide comprehensive solutions and end-to-end
services, powered by our innovative technology. Delivering high
value competitive solutions, our portfolio comprises of a cloud
based VSAT network platform, high-speed modems, high performance
on-the-move antennas and high efficiency, high power Solid State
Amplifiers (SSPA) and Block Upconverters (BUC).
Gilat’s comprehensive solutions support multiple applications
with a full portfolio of products to address key applications
including broadband access, cellular backhaul, enterprise,
in-flight connectivity, maritime, trains, defense and public
safety, all while meeting the most stringent service level
requirements. Gilat controlling shareholders are the FIMI Private
Equity Funds. For more information, please visit: www.gilat.com
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate", "project",
"intend", "expect", "believe" and similar expressions are intended
to identify forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties. Many
factors could cause the actual results, performance or achievements
of Gilat to be materially different from any future results,
performance or achievements that may be expressed or implied by
such forward-looking statements, including, among others, changes
in general economic and business conditions, inability to maintain
market acceptance to Gilat's products, inability to timely develop
and introduce new technologies, products and applications, rapid
changes in the market for Gilat's products, loss of market share
and pressure on prices resulting from competition, introduction of
competing products by other companies, inability to manage growth
and expansion, loss of key OEM partners, inability to attract and
retain qualified personnel, inability to protect the Company's
proprietary technology and risks associated with Gilat's
international operations and its location in Israel. We undertake
no obligation to update or revise any forward-looking statements
for any reason. For additional information regarding these and
other risks and uncertainties associated with Gilat's business,
reference is made to Gilat's reports filed from time to time with
the Securities and Exchange Commission.
Contact:Gilat Satellite NetworksDoreet Oren,
Director Corporate CommunicationsDoreetO@gilat.com Comm-Partners
LLC June Filingeri, President +1-203-972-0186
JuneFil@optonline.net
Kate Beveridge, Ali Gibson and Katie Edgerley 8020
Communications – Global Eagle’s PR agency btwty@8020comms.com +44
1483 447380
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