Gilat Satellite Networks: Double-digit revenue & EBITDA increase in 2021 will continue in 2022

by Peter B. de Selding

PARIS — Satellite broadband ground hardware and service provider Gilat Satellite Networks confirmed that 2021 was a rebound year with double-digit revenue and EBITDA increases and said 2022 should see more of the same.

The company said its new SkyEdge IV platform is designed as being software-centric, opening a market for software licenses as well as hardware sales. Satellite fleet operators Intelsat, for its high-throughput GEO-orbit satellites; and SES for the GEO-orbit SES-17 and the coming O3m mPower medium-Earth . . .

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