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home / news releases / GILT - Gilat announces next generation family of VSATs Aquarius; shares -10%

GILT - Gilat announces next generation family of VSATs Aquarius; shares -10%

Gilat Satellite Networks Ltd.
Gilat Satellite Networks (GILT) slips 10% in pre-market as it launched its next generation family of VSATs, Aquarius, supporting 5G networks and LEO/MEO constellations.Gilat's Aquarius VSATs are designed to serve, with maximum efficiency, data and media intensive applications such as cellular 5G backhauling, maritime and enterprise.In addition, the Aquarius family is designed to provide uninterrupted service, supporting next-generation software-defined satellites in GEO and NGSO constellations."Gilat, as the recognized leader in cellular backhaul over satellite, is well positioned to become a major participant in the evolving 5G ecosystem, having proven multiple times that its technology is ready to support the 5G experience, that will directly influence the way people live and work," commented Asaf Jivilik, Head of Marketing and Business Development.

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Gilat announces next generation family of VSATs, Aquarius; shares -10%
Stock Information
Company Name: Gilat Satellite Networks Ltd.
Stock Symbol: GILT
Market: NASDAQ
Website: gilat.com
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