type public traded as nasdaq gilt tase gilt industry telecommunication founded 1987 ; 29 years ago 1987 founder amiram levinberg joshua levinberg yoel gat headquarters petah tikva israel key people dov baharav ceo services satellite communication revenue us 235.1 million 2014 operating income us 5.0 million 2014 profit us 13.1 million 2014 divisions gilat network solutions gilat network operations subsidiaries wavestream corporation website www.gilat.com footnotes references 1 2 gilat satellite networks is a public company headquartered in israel 3 that develops and sells vsat satellite ground stations and related equipment . its shares are traded on the nasdaq global select market and on the tel aviv stock exchange . contents 1 history 2 strategic acquisitions 3 products 4 see also 5 references history edit gilat satellite networks was founded in 1987 by brothers joshua and amiram levinberg yoel gat shlomo tirosh arik keshet and gideon kaplan . 4 in its early days gilat struggled to compete with larger and better established companies the likes of echostar . 5 in 1998 gilat was involved in founding global village telecom gvt a company that build a satellite based phone network for remote locations in south america using the vsat technology that was developed by gilat . during 1998 and 1999 gvt won tenders to build rural phone networks in colombia 6 chile and peru 7 in 2000 gilat introduced an innovation involving vsat technology allowing remote locations such as the havasupai reservation in arizona and rural communities in brazil to access the internet at high speeds . 8 9 in feburay 2000 gilat and microsoft announced that they are co developing a two way satellite broadband service for consumer purposes . the satellite service delivered internet connections at speeds of up to 1.5 mbps and did not require a second telephone line . a new company gilat to home was established to deliver the broadband two way satellite service and microsoft took an initial 26 percent stake in the company with an investment of us 50 million . 10 in september 2000 gilat to home changed its name to starband communications and received an investment of 50 million from echostar who received an equity stake of 32 percent in starband . 11 in 2011 gilat announced the creation of a new division headed by brigadier general res . moshe tamir expanding its presence in the u.s. defense market . 12 strategic acquisitions edit company year price reference spacenet 1998 us 225 million 13 starband 2005 14 raysat antenna systems 2010 us 25 million 15 wavestream 2010 us 130 million 16 products edit skyedge skyedge ii and netedge 17 mlt 1000 ruggedized spread spectrum satellite modem 18 see also edit ta bluetech index list of israeli companies quoted on the nasdaq references edit gilt income statement . yahoo finance . 2011 . retrieved 25 september 2011 . gilat announces changes in executive management . israeldefense . 1 november 2011 . retrieved 13 february 2012 . gilat company profiles israel landau efi 30 december 1999 . yoel gat gilat satellite networks . globes . retrieved 25 september 2011 . leaving the unit together with gat were amiram levinberg his brother joshua levinberg shlomo tirosh and gideon kaplan and together they set up gilat satellite networks giltf . david l. kurtz ; louis e. boone 2009 . jack w. calhoun ed . contemporary business . mason ohio cengage learning . p. 196 . isbn 978 0 324 65389 2 . retrieved 25 september 2011 . israel s gvt to set up 80 mln telephony network in colombia efi landau globes 27 09 1999 gvt of gilat group wins second tender in chile 2.5 mln rural phone network efi landau globes 08 07 1998 donald mitchell ; carol coles 2003 . the ultimate competitive advantage . san francisco barrett koehler . pp. 111 112 . isbn 1 57675 167 8 . retrieved 25 september 2011 . sylvie albert ; don flournoy ; rolland lebrasseur 2009 . networked communities . hershey pennsylvania igi global . isbn 978 1 59904 771 3 . retrieved 25 september 2011 . msn and gilat satellite networks introduce first consumer two way satellite high speed internet access service echostar completes 50 million investment in starband habib valdhorn shiri 5 october 2011 . gilat satellite networks targets us defense market . globes . retrieved 25 october 2011 . gilat acquires ge spacenet in 225 mln stock swap . globes . 1 october 1998 . retrieved 25 september 2011 . gilat satellite networks announced today that it had signed an agreement for the purchase of ge spacenet of the general electric group for 225 million . gilat s spacenet buys remaining starband shares . globes . 8 march 2005 . retrieved 25 september 2011 . gilat satellite networks nasdaq giltf ; tase giltf last night announced that its subsidiary spacenet inc. had acquired all remaining shares of starband communications inc. gilat satellite networks ltd. form 6 k received 02 28 2011 10 01 19 . edgar online . 28 february 2011 . retrieved 25 september 2011 . the wavestream acquisition closed during the quarter and earlier in the year we acquired raysat antenna systems . gilat satellite networks completes acquisition of wavestream . rttnews . 29 november 2010 . retrieved 25 september 2011 . gilat announces new multi star vsat networking solution netedge . globenewswire . 15 june 2009 . retrieved 13 february 2012 . gilat introduces very lightweight ku band broadband solution for airborne applications . marketwatch . petah tikva israel . globenewswire . 30 november 2011 . retrieved 13 february 2012 . v t e israeli companies traded on nasdaq healthcare alcobra biolinerx biondvax pharmaceutical compugen enzymotec given imaging kamada mazor robotics medigus oramed pharmaceuticals perrigo company pluristem therapeutics rewalk robotics rosetta genomics syneron medical communication & networks allot communications alvarion audiocodes b communications ceragon networks dsp group ezchip semiconductor gilat satellite networks internet gold golden lines orckit communications partner communications company radcom radvision rit technologies rr media software attunity bluephoenix solutions b.o.s. better online solutions check point software technologies clicksoftware technologies commtouch software cimatron cyberark formula systems 1985 jacada magic software enterprises mind c.t.i. nice systems perion network radware sapiens international corporation n.v. verint systems wix electronics camtek ceva eltek kornit digital mellanox technologies nova measuring instruments orbotech solaredge tower semiconductor security & defense arotech elbit systems ituran location and control magal security systems pointer telocation rada electronic industries tat technologies consumer goods caesarstone sdot yam sodastream international conglomerates ampal american israel corporation elbit imaging isramco this company is american based but is traded on the tase as a result of a merger with israeli drug maker agis . retrieved from https en.wikipedia.org w index.php title gilat satellite networks & oldid 742143150 categories telecommunications companies of israeltelecommunications companies established in 1987companies listed on nasdaqcompanies listed on tase navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 1 october 2016 at 23 34 . text is available under the creative commons attribution sharealike license ; 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