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Gilat Awarded Approximately $60 Million to Provide Digital Inclusion Solutions in Peru

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Gilat Satellite Networks (NASDAQ: GILT) has secured orders worth approximately $60 million through its Peruvian subsidiary from Pronatel, Peru's national telecommunications program. The project involves upgrading Regional Broadband infrastructure across Apurímac, Huancavelica, and Ayacucho regions.

The infrastructure modernization will deliver 200 Mbps high-speed internet to nearly 800 public institutions across 280 localities, including schools, health centers, and police stations. The migration is scheduled for completion within 12 months, followed by a 4-year service delivery period.

Gilat Satellite Networks (NASDAQ: GILT) ha ottenuto ordini per un valore di circa 60 milioni di dollari tramite la sua filiale peruviana da Pronatel, il programma nazionale per le telecomunicazioni del Perù. Il progetto prevede l'aggiornamento delle infrastrutture di banda larga regionale nelle regioni di Apurímac, Huancavelica e Ayacucho.

La modernizzazione delle infrastrutture garantirà una connessione internet ad alta velocità di 200 Mbps a quasi 800 istituzioni pubbliche distribuite in 280 località, tra cui scuole, centri sanitari e stazioni di polizia. La migrazione è prevista entro 12 mesi, seguita da un periodo di erogazione del servizio di 4 anni.

Gilat Satellite Networks (NASDAQ: GILT) ha asegurado pedidos por aproximadamente 60 millones de dólares a través de su subsidiaria peruana de Pronatel, el programa nacional de telecomunicaciones de Perú. El proyecto implica la actualización de la infraestructura de banda ancha regional en las regiones de Apurímac, Huancavelica y Ayacucho.

La modernización de la infraestructura proporcionará internet de alta velocidad de 200 Mbps a casi 800 instituciones públicas en 280 localidades, incluyendo escuelas, centros de salud y comisarías. La migración está programada para completarse en 12 meses, seguida de un periodo de prestación de servicios de 4 años.

길랏 위성 네트워크 (NASDAQ: GILT)� 페루 자회사를 통해 페루 국가 통신 프로그램� Pronatel로부� � 6천만 달러 규모� 주문� 확보했습니다. � 프로젝트� 아푸리막, 후안카벨리카, 아야쿠초 지�� 지� 광대� 인프� 업그레이드를 포함합니�.

인프� 현대� 작업� 통해 280� 지�� 위치� 학교, 보건�, 경찰� � � 800� 공공기관200 Mbps 고속 인터�� 제공� 예정입니�. 마이그레이션은 12개월 � 완료� 예정이며, 이후 4년간 서비스가 제공됩니�.

Gilat Satellite Networks (NASDAQ : GILT) a obtenu des commandes d'une valeur d'environ 60 millions de dollars via sa filiale péruvienne auprès de Pronatel, le programme national des télécommunications du Pérou. Le projet consiste à moderniser les infrastructures de la bande large régionale dans les régions d'Apurímac, Huancavelica et Ayacucho.

La modernisation des infrastructures fournira une connexion internet à haute vitesse de 200 Mbps à près de 800 institutions publiques réparties dans 280 localités, incluant écoles, centres de santé et postes de police. La migration est prévue pour être achevée dans un délai de 12 mois, suivie d'une période de prestation de services de 4 ans.

Gilat Satellite Networks (NASDAQ: GILT) hat über seine peruanische Tochtergesellschaft Aufträge im Wert von etwa 60 Millionen US-Dollar von Pronatel, dem nationalen Telekommunikationsprogramm Perus, erhalten. Das Projekt umfasst die Modernisierung der regionalen Breitbandinfrastruktur in den Regionen Apurímac, Huancavelica und Ayacucho.

Die Infrastrukturmodernisierung wird 200 Mbit/s Highspeed-Internet für fast 800 öffentliche Einrichtungen in 280 Ortschaften bereitstellen, darunter Schulen, Gesundheitszentren und Polizeistationen. Die Migration soll innerhalb von 12 Monaten abgeschlossen sein, gefolgt von einer 4-jährigen Servicebereitstellungsphase.

Positive
  • Secured significant contract worth approximately $60 million
  • Project spans 280 localities and connects 800 public institutions
  • High-speed internet capacity of 200 Mbps demonstrates technological capability
  • Long-term revenue stream with 4-year service delivery period
  • Strengthens existing partnership with Peruvian government
Negative
  • 12-month migration period could present execution risks
  • Project concentrated in specific geographic regions, limiting diversification

Insights

Gilat's $60M Peru contract strengthens revenue visibility with 4-year service commitment following 12-month implementation.

This $60 million award from Peru's national telecommunications program represents a significant contract win for Gilat, accounting for approximately 11% of the company's trailing twelve-month revenue (based on recent financial figures). The contract structure follows Gilat's established business model in Peru, where they've previously executed similar digital inclusion projects.

The contract has two distinct phases: a 12-month infrastructure deployment followed by a 4-year service delivery period. This structure provides multi-year revenue visibility and supports stable cash flow generation. The 200 Mbps service level indicates a substantial upgrade to existing infrastructure, positioning Gilat's technology at the core of Peru's rural connectivity strategy.

Notably, this represents an expansion of Gilat's footprint in Peru across three additional regions (Apurímac, Huancavelica and Ayacucho). By connecting 800 public institutions across 280 localities, Gilat strengthens its position as the dominant satellite infrastructure provider in Peru's rural development initiatives.

This contract reinforces Gilat's strategic focus on government-backed infrastructure projects in emerging markets, which typically offer more stable revenue streams than commercial contracts. The four-year service component is particularly valuable as it provides predictable recurring revenue that improves earnings visibility and helps smooth the company's financial performance between major infrastructure contracts.

New infrastructure will deliver 200 Mbps internet to public institutions, meeting the demands for a connected society

PETAH TIKVA, Israel, July 22, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its Peruvian subsidiary, Gilat Perú, has been awarded approximately $60 million in orders from Pronatel (Programa Nacional de Telecomunicaciones), Peru’s national telecommunications program. The orders are for upgrading the Regional Broadband infrastructure across the regions of Apurímac, Huancavelica and Ayacucho. Migration is expected to take place over the next 12 months and the service will be delivered over 4 years.

This major infrastructure modernization will bring high-speed internet of 200 Mbps directly to nearly 800 public institutions, including schools, health centers, and police stations across 280 localities. The award marks a significant step forward in closing the digital divide and empowering rural communities in Peru with the connectivity they need to access education, healthcare, and public services, laying a strong, scalable foundation for future bandwidth growth in rural areas that need it most.

The project reflects Gilat’s continued partnership with the Peruvian State and long-standing commitment to digital access for all, strengthening public services in some of the most remote areas of Peru.

“With extensive experience implementing complex connectivity projects throughout Peru, we are uniquely qualified to carry out this critical migration in record time,� said Arieh Rohrstock, Corporate Senior Vice President and President, Gilat Peru. “Together with Pronatel, we’re advancing our shared goal of increasing digital inclusion in the most remote regions of the country by delivering the high-speed infrastructure needed to support essential public services.�

About Gilat

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Together with our wholly owned subsidiaries—Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu—we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://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, including those related to Israel’s preemptive strike against Iran’s nuclear project and the continued hostilities between Israel and Iran, and the hostilities between Israel and Hamas. 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. We undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:

Gilat Satellite Networks

Hagay Katz, Chief Product and Marketing Officer

Alliance Advisors:


Phone: +1 212 838 3777


FAQ

What is the value of Gilat's new contract in Peru?

Gilat has been awarded approximately $60 million in orders from Pronatel, Peru's national telecommunications program.

How many institutions will benefit from Gilat's infrastructure upgrade in Peru?

The infrastructure modernization will connect nearly 800 public institutions across 280 localities, including schools, health centers, and police stations.

What internet speed will Gilat's new infrastructure provide in Peru?

The infrastructure will deliver high-speed internet of 200 Mbps to public institutions.

How long will the GILT Peru project implementation take?

The migration is expected to take 12 months, followed by a 4-year service delivery period.

Which regions in Peru will benefit from Gilat's broadband infrastructure project?

The Regional Broadband infrastructure upgrade will cover the regions of Apurímac, Huancavelica and Ayacucho.
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