Gilat Satellite Networks Ltd. expects to raise $36.8 million in an offering of 7 million shares of stock, the company announced Dec. 19. The company will sell up to 4.7 million shares at $8.50 per share, and a current shareholder is offering 2.3 million shares at the same price. Gilat expects to use the proceeds from the offering for general corporate purposes.
Gilat Prices Share Offering
AT&T and AST SpaceMobile Demonstrate Handoff Between Cellular, D2D Networks
AT&T and AST SpaceMobile recently demonstrated a handoff between AT&T’s cellular network and AST SpaceMobile’s direct-to-device satellite network, calling it a first-of-its-kind demonstration. During the demonstration in late October, a […]
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Government/MilitaryViasat, SES, and Astranis Win NASA Ka-band Relay Contracts
