Benzinga | Mar 10, 2021 07:20AM EST

Gilat Satellite Networks Announces That Telespazio Selected Co. To Supply Enterprise Connectivity In Brazil; Financial Terms Not Disclosed

PETAH TIKVA, Israel, March 10, 2021 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Telespazio, a joint venture between Leonardo (67%) and Thales (33%), selected Gilat to supply enterprise connectivity in Brazil for a multinational leading energy company. Gilat will provide the satellite network and thousands of VSATs to energy plants of Brazil's largest private sector energy company.



Gilat's high-reliability solution was chosen due to its ability to answer the customer's demanding Service Level Agreement (SLA) requirements. Gilat's SkyEdge II-c platform will support energy plants in distant locations and provide the ability to prioritize critical applications of the power plants due to its sophisticated Cloud QoS.

"Telespazio trusts Gilat's reliable multi-service platform as we extend our current networks to broaden our support to the enterprise sector, following service to other enterprise sectors such as banking, retail, SMEs and large telco carriers," said Marzio Laurenti, CEO at Telespazio Brasil. "We are most satisfied with the advantage of the seamless integration between our network and the end-customer's network, that was made possible, due to Gilat's robust IP routing capabilities."

"Telespazio is Gilat's longtime partner in Brazil and we are honored to be part of their growth over the years and to support their increased focus on the energy market," said Tobias Dezordi Regional Vice President Latin America at Gilat. "This achievement is in line with Gilat's strategy to maximize the value of our platform for our customers as they grow their business with additional applications."