According to local press reports in Israel, Hughes has made a bid for Israeli satellite company, Gilat Satellite Networks. Gilat looks an attractive proposition and has had a strong recent performance. In its most recent results, issued August 9, the company had strong increases in revenues and profits. Gilat had revenues for the second quarter of $70.3 million, up $9 million compared to the same quarter last year. Gilat also had net income for the quarter of $5.5 million, up $3.5 million compared to the same quarter last year.
Hughes Bidding for Gilat?
By 
Mark Holmes
Mark Holmes
Finland’s Voimatel to Integrate Eutelsat LEO for Arctic Communications
Finnish communications company Voimatel will integrate Eutelsat’s Low-Earth Orbit (LEO) connectivity into its offerings to strengthen coverage in the Arctic region. Voimatel designs and operates fixed and wireless communication networks for […]
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Government/MilitaryViasat Secures PTS-G U.S. Space Force SSC Swarm 1 Contract
