Gilat Signs Baseband Equipment Deal, Names New CFO
Gilat Satellite Networks will serve as a network baseband vendor for a company it described as “one of the largest satellite service providers in Eurasia.”
Under the deal announced Dec. 29, Gilat agreed to provide its SkyEdge II-c platform, which will be used to modernize and expand satellite communications throughout Eurasia for applications including maritime, land mobility, and consumer coverage. Gilat said old equipment will be replaced and legacy networks will be consolidated and unified with new networks running Gilat’s SkyEdge II-c technology. Gilat will supply hubs with thousands of fixed and mobility very small aperture terminals (VSATs).
“This deal represents a new, important chapter in our relationship with the large satellite service provider,” said Gilat CCO Michal Aharonov. “Working together, we’ll unify and upgrade the satellite network to be consolidated with Gilat’s leading-technology single-platform for multiple applications.”
Separately, on Dec. 30, Gilat announced Gil Benyamini as the company’s new CFO. Current CFO Bosmat Halpern is stepping down, and will assist in the transition. Benyamini will assume the role on Feb. 1, 2022.
Benyamini joins Gilat from Panaxia Pharmaceutical Industries, where he served for the past four years as CFO. Previously he held the CFO role at Walla Communications and at Exent Technologies.