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Gilat to Acquire Stellar Blu, an IFC Market Leader with a First-to-Market ESA-Based Solution for Commercial Aviation - Gilat Satellite Networks (NASDAQ:GILT)

Summary by Benzinga
Highlights The acquisition positions Gilat as a market leader in In-Flight Connectivity (IFC) technologies and solutions for Commercial and Business Aviation, with extensions to adjacent high-end mobility markets ideally suited to Electronically Steered Antenna (ESA) solutions.  Stellar Blu Solutions' ESA terminal provides full LEO and GEO multi-orbit support, addressing the future strategy of key commercial IFC service providers. Stellar Blu's…

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Benzinga broke the news in New York, United States on Monday, June 17, 2024.
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