Gilat Names Gerety New Spacenet CEO
Israel’s Gilat Satellite Networks [Nasdaq: GILTF] has named Bill Gerety as the new CEO of its Spacenet subsidiary. Gerety takes over from Nick Supron, who served as Spacenet’s CEO for the last two years. Gerety joins Spacenet from broadband satellite venture Astrolink International, where he was acting CEO and COO.
Separately, Gilat announced that the Australian government has finalized an agreement with Optus to deliver learning services to small rural towns and isolated homesteads in New South Wales and across the Northern Territory using Gilat’s Skystar 360E broadband VSAT platform. Gilat has been selected by Optus to provide a 310-site, two-way satellite communications network to deliver broadband Internet services to these rural communities and 540 distance learning sites.