Gilat secures USD 10 million orders: what it means for Gilat Satellite Networks stock

Published on 10/15/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gilat secures over USD 10 million in SkyEdge IV orders on October 7, 2026. Gilat Satellite Networks stock costs EUR 7.13 on October 15, 2026.

Satellite orders and operating scale

Gilat secured over USD 10 million in SkyEdge IV orders on October 7, 2026.
Second-quarter revenue reached USD 122.66 million, up 17.00 percent year over year.
Gilat Satellite Networks stock was trading at EUR 7.13 at 2:03 p.m. CEST at Lang & Schwarz on October 15, 2026.

GILT, IL0010825102, Illustration mit AI erstellt.

Gilat Satellite Networks (ISIN IL0010825102) had secured over USD 10 million in additional SkyEdge IV orders from a leading satellite operator on October 7, 2026, according to GlobeNewswire. The systems are scheduled for delivery over the following 12 months, giving the order announcement a concrete execution horizon.

SkyEdge orders set the peg

The order covers Gilat's multi-orbit SkyEdge IV platform, which supports high-capacity satellite networks and applications including in-flight connectivity. The company described the orders as additional customer investment in the platform, while the delivery schedule points to revenue recognition over multiple periods.

Three dated company events

On June 30, 2026, Gilat reported second-quarter revenue of USD 122.66 million and net income of USD 8.15 million, while revenue increased 17.00 percent from the second quarter of 2025, according to Simply Wall St. On October 5, 2026, Gilat's Peruvian subsidiary signed a USD 28 million broadband agreement with Pronatel for the Ica region, as reported by StockTitan. On October 7, 2026, the company announced the additional SkyEdge IV orders worth over USD 10 million.

What do the orders change?

The recent contracts add USD 38 million in disclosed order value across the Peru broadband project and the SkyEdge IV award. The figures do not establish the timing of profit recognition, but they show demand across two distinct customer channels: public broadband infrastructure and satellite connectivity.

Stock trades after the Xetra session

Gilat Satellite Networks stock was trading at EUR 7.13 at Lang & Schwarz on October 15, 2026, at 2:03 p.m. CEST. The primary listing is Nasdaq, where the company trades under GILT; the orders and second-quarter revenue provide the main operating context for the German euro quotation. The further course of trading is shown by the continuously updated real-time quote of Gilat Satellite Networks stock.