CUNCY-LES-VARZY, France — Broadband hardware and service provider Gilat Satellite Networks reported a sharp rebound in revenue and profit for the three months ending June 30 despite the fact that a key market, in-flight connectivity, had still not recovered from the Covid pandemic.
Gilat said work with non-geostationary satellite broadband constellations, cellular backhaul contracts and a growing business with non-U.S. militaries more than compensated for the continued lag in the airline business.
Gilat recently reported a contract win with satellite fleet operator . . .
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