We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Gilat Expands ESA Portfolio With Successful ESR-2030Ku LEO Test Flight
Read MoreHide Full Article
Gilat Satellite Networks Ltd. (GILT - Free Report) successfully concluded a series of test flights for its ESR-2030Ku electronically steered antenna (ESA). The ESR-2030Ku is a compact, low-power, full-duplex aero ESA tailored for the OneWeb network.
The test flights were executed in collaboration with Gogo, showcasing the exceptional performance of the ESR-2030Ku on the OneWeb Low Earth Orbit (LEO) satellite network, added GILT. Gogo will become the exclusive distributor of the antenna for business aviation and defense markets, going forward. Gilat anticipates delivering production hardware to support customer Supplemental Type Certificates (STCs) later in 2025.
The ESR-2030Ku showcased strong full-duplex connectivity, reaching impressive speeds of 195 Mbps for downlink and 32 Mbps for uplink, specifically designed for mobility and engineered for optimal efficiency. The antenna demonstrated unwavering stability and dependable performance throughout the test flights, even in challenging airborne environments.
The addition of this new ESA terminal expands Gilat’s portfolio alongside the Stellar Blu Sidewinder, strengthening its ability to deliver versatile multi-orbit solutions for both business and defense aviation sectors. This will allow Gilat to seize opportunities in the rapidly growing, multi-billion-dollar LEO ESA market across the Defense and In-Flight Connectivity (IFC) sectors.
GILT, a leading provider of satellite-based broadband services, offers advanced solutions across sectors like IFC, defense and public safety. With rising global demand for defense SATCOM, driven by NGSO growth and geopolitical tensions, Gilat is well-positioned to capitalize on these trends through its deep expertise and continued investment in secure, high-performance satellite communication technologies.
In February 2025, Globalstar launched an advanced two-way satellite IoT solution using its LEO satellite constellation. Its RM200M is the first satellite module to feature integrated GNSS, Bluetooth, an accelerometer and an application processor, enabling advanced two-way communication. It leverages LEO satellites for global, resilient connectivity, supports edge computing and allows seamless cellular integration.
Strong wins for its Defense division augur well. In April 2025, Gilat announced that its defense division, Gilat Defense, secured a multimillion-dollar order from a leading global defense organization. The contract entails the supply of cutting-edge antenna technology, which will be integrated into the organization’s advanced communication systems. Also, the company announced that Gilat Defense has been awarded a significant contract to provide sustainment and support services for Satellite Transportable Terminal (STT) units used by the U.S. Department of Defense (“DoD”). The deal, which covers a base program with extension options for up to five years, is valued at up to $23 million.
Gilat’s Zacks Rank & Stock Price Performance
GILT currently carries a Zacks Rank #3 (Hold). Shares of the company have soared 32.8% in the past six months against the Zacks Satellite and Communication industry's decline of 10.8%.
Image Source: Zacks Investment Research
Stocks to Consider From the Computer and Technology Space
Blackbaud’s earnings beat the Zacks Consensus Estimate in each of the trailing two quarters of the trailing four quarters while being inline in one and missing in one, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have decreased 19.5% in the past year.
Unity Software’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 28.02%. In the last reported quarter, U delivered an earnings surprise of 50%. The company’s long-term earnings growth rate is 8.6%. Its shares have increased 26.6% in the past six months.
SAP’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.14%. In the last reported quarter, SAP delivered an earnings surprise of 8.63%. The company’s long-term earnings growth rate is 10.2%. Its shares have surged 50.5% in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Gilat Expands ESA Portfolio With Successful ESR-2030Ku LEO Test Flight
Gilat Satellite Networks Ltd. (GILT - Free Report) successfully concluded a series of test flights for its ESR-2030Ku electronically steered antenna (ESA). The ESR-2030Ku is a compact, low-power, full-duplex aero ESA tailored for the OneWeb network.
The test flights were executed in collaboration with Gogo, showcasing the exceptional performance of the ESR-2030Ku on the OneWeb Low Earth Orbit (LEO) satellite network, added GILT. Gogo will become the exclusive distributor of the antenna for business aviation and defense markets, going forward.
Gilat anticipates delivering production hardware to support customer Supplemental Type Certificates (STCs) later in 2025.
Gilat Satellite Networks Ltd. Price and Consensus
Gilat Satellite Networks Ltd. price-consensus-chart | Gilat Satellite Networks Ltd. Quote
What Does ESR-2030Ku Offer?
The ESR-2030Ku showcased strong full-duplex connectivity, reaching impressive speeds of 195 Mbps for downlink and 32 Mbps for uplink, specifically designed for mobility and engineered for optimal efficiency. The antenna demonstrated unwavering stability and dependable performance throughout the test flights, even in challenging airborne environments.
The addition of this new ESA terminal expands Gilat’s portfolio alongside the Stellar Blu Sidewinder, strengthening its ability to deliver versatile multi-orbit solutions for both business and defense aviation sectors. This will allow Gilat to seize opportunities in the rapidly growing, multi-billion-dollar LEO ESA market across the Defense and In-Flight Connectivity (IFC) sectors.
GILT, a leading provider of satellite-based broadband services, offers advanced solutions across sectors like IFC, defense and public safety. With rising global demand for defense SATCOM, driven by NGSO growth and geopolitical tensions, Gilat is well-positioned to capitalize on these trends through its deep expertise and continued investment in secure, high-performance satellite communication technologies.
In February 2025, Globalstar launched an advanced two-way satellite IoT solution using its LEO satellite constellation. Its RM200M is the first satellite module to feature integrated GNSS, Bluetooth, an accelerometer and an application processor, enabling advanced two-way communication. It leverages LEO satellites for global, resilient connectivity, supports edge computing and allows seamless cellular integration.
Strong wins for its Defense division augur well. In April 2025, Gilat announced that its defense division, Gilat Defense, secured a multimillion-dollar order from a leading global defense organization. The contract entails the supply of cutting-edge antenna technology, which will be integrated into the organization’s advanced communication systems. Also, the company announced that Gilat Defense has been awarded a significant contract to provide sustainment and support services for Satellite Transportable Terminal (STT) units used by the U.S. Department of Defense (“DoD”). The deal, which covers a base program with extension options for up to five years, is valued at up to $23 million.
Gilat’s Zacks Rank & Stock Price Performance
GILT currently carries a Zacks Rank #3 (Hold). Shares of the company have soared 32.8% in the past six months against the Zacks Satellite and Communication industry's decline of 10.8%.
Image Source: Zacks Investment Research
Stocks to Consider From the Computer and Technology Space
Some better-ranked stocks from the broader technology space are Blackbaud, Inc. (BLKB - Free Report) , Unity Software Inc. (U - Free Report) and SAP (SAP - Free Report) . BLKB sports a Zacks Rank #1 (Strong Buy), while U and SAP carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Blackbaud’s earnings beat the Zacks Consensus Estimate in each of the trailing two quarters of the trailing four quarters while being inline in one and missing in one, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have decreased 19.5% in the past year.
Unity Software’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 28.02%. In the last reported quarter, U delivered an earnings surprise of 50%. The company’s long-term earnings growth rate is 8.6%. Its shares have increased 26.6% in the past six months.
SAP’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.14%. In the last reported quarter, SAP delivered an earnings surprise of 8.63%. The company’s long-term earnings growth rate is 10.2%. Its shares have surged 50.5% in the past year.