GILT - Hispasat and Gilat expand strategic partnership for SkyEdge IV platform

• Gilat Satellite Networks ( NASDAQ: GILT ) announced that Spain-based Hispasat, global satellite operator, selected the former's SkyEdge IV platform for operation with its highly flexible and efficient Amazonas Nexus satellite.
• This indicates a strategic partnership between the two companies that will enable Hispasat to deliver high-performance, satellite-based fixed data and mobility services.
• SkyEdge IV, Gilat's next generation platform, is designed to operate with new, adaptable, highly flexible, high throughput and very high throughput satellites (HTS/VHTS) to provide end-users the required capacity where and when needed.
• The satellite will cover all of the Americas, Greenland, and the North and South Atlantic corridors.
• Hispasat stated that it plans to leverage Gilat's SkyEdge IV platform to expand our service coverage in Latin America during 2H23.

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