Gilat Satellite (NASDAQ:GILTF)
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From Jun 2019 to Jun 2024
Gilat Satellite Networks Ltd. (Nasdaq: GILTF), today
announced it has been selected by a consortium of leading Mexican
technology firms to provide a network of nearly 7,000 SkyEdge VSATs
for use in more than 16,000 Mexican public-school classrooms. The
deployment of the network hub and terminals has just begun.
Gilat has combined its equipment and technical support services to
provide a satellite solution to monitor the operation and usage of the
Mexican Ministry of Education's (SEP) Enciclomedia program, and also
provide broadband Internet access. The Mexican government considers
Enciclomedia to be an important education project and expects it to
eventually reach more than 140,000 classrooms.
Gilat's integral satellite monitoring solution was selected by a
consortium of firms including Accesorios y Suministros Informaticos,
S.A. de C.V. (ASISA) and Alef Soluciones Integrales, S.A. de C.V.
(Alef) - two of Mexico's leading information technology integrators -
and Corporativo Lanix, S.A. de C.V. (Lanix), Mexico's largest computer
manufacturer.
In addition to nearly 7,000 VSAT terminals, Gilat is providing
more than 16,000 classroom monitoring systems, a solution which has
been developed by the company specifically for this application.
Benjamin Aguilar, General Manager of Corporativo Lanix, said, "The
integration of Gilat's flexible SkyEdge VSAT platform into a full
wireless monitoring solution ensures we will achieve fast deployment
and 100 percent coverage. It also provides additional, critical
applications such as broadband Internet access and VoIP services.
These attributes, combined with their industry-leading technology and
extensive experience in the Mexican market, led us to select Gilat for
this project."
Enciclomedia (www.enciclomedia.edu.mx) is a computer-based program
that integrates federal education resources such as textbooks, digital
content and virtual activities to enrich the student's classroom
experience, encourage student participation and enhance learning
outcomes. The program also includes a portal to assist teachers with
their daily activities.
"Our experience working with governments worldwide to improve
their public communications infrastructure and educational services
has been invaluable in our support of the SEP program. We are
providing a total solution that includes very advanced satellite,
wireless and monitoring devices with local technical and
implementation support," said Erez Antebi, CEO for Gilat Network
Systems (GNS).
Antebi added, "Our end-to-end monitoring system will quickly
detect operational problems and compile statistics on utilization of
the Enciclomedia program - transmitting all of that information to the
integrator's help desk. These tools will help the integrators reduce
downtime and provide optimal program performance on a daily basis. It
is gratifying to know our network will have a positive impact on the
lives of Mexican schoolchildren. We appreciate the opportunity to
contribute to education excellence in Mexico and worldwide."
The SkyEdge platform is available in various configurations to
support a wide range of networks, from small networks of fewer than
100 sites to large networks comprising tens of thousands of sites.
SkyEdge efficiently supports periodic transmission, such as that
required by the monitoring needs of the SEP project, broadband
Internet connectivity and video services if required in the future.
About Gilat Satellite Networks Ltd.
Gilat Satellite Networks Ltd. (Nasdaq: GILTF) is a leading
provider of products and services for satellite-based communications
networks. The Company operates under three business units: (i) Gilat
Network Systems ("GNS"), which is a provider of network systems and
associated professional services to service providers and operators;
(ii) Spacenet, which provides managed services for businesses and
governments through its Connexstar service brand, for consumers
through its StarBand service brand; (iii) Spacenet Rural
Communications, which offers rural telephony and Internet access
solutions to remote areas primarily in Latin America.
Gilat was founded in 1987 and has shipped over 600,000 Very Small
Aperture Terminals (VSATs) to more than 85 countries across six
continents. Gilat's headquarters is located in Petah Tikva, Israel.
The Company has 14 local offices and three service facilities
worldwide. Gilat markets the SkyEdge (TM) Product Family which
includes the SkyEdge(TM) Pro, SkyEdge(TM) IP, SkyEdge(TM) Call,
SkyEdge(TM) DVB-RCS and SkyEdge(TM) Gateway. In addition, the Company
markets numerous other legacy products. Visit Gilat at www.gilat.com.
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate", "project",
"intend", "expect", "believe" and similar expressions are intended to
identify forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties. Many factors could
cause the actual results, performance or achievements of Gilat to be
materially different from any future results, performance or
achievements that may be expressed or implied by such forward-looking
statements, including, among others, changes in general economic and
business conditions, inability to maintain market acceptance to
Gilat's products, inability to timely develop and introduce new
technologies, products and applications, rapid changes in the market
for Gilat's products, loss of market share and pressure on prices
resulting from competition, introduction of competing products by
other companies, inability to manage growth and expansion, loss of key
OEM partners, inability to attract and retain qualified personnel,
inability to protect the Company's proprietary technology and risks
associated with Gilat's international operations and its location in
Israel. For additional information regarding these and other risks and
uncertainties associated with Gilat's business, reference is made to
Gilat's reports filed from time to time with the Securities and
Exchange Commission.