Gilat Expands ESA Portfolio With Successful ESR-2030Ku LEO Test Flight

Gilat Satellite Networks Ltd. GILT successfully concluded a series of test flights for its ESR-2030Ku electronically steered antenna (ESA). The ESR-2030Ku is a compact, low-power, full-duplex aero ESA tailored for the OneWeb network. The test flights were executed in collaboration with Gogo, showcasing the exceptional performance of the ESR-2030Ku on the OneWeb Low Earth Orbit (LEO) satellite network, added GILT. Gogo will become the exclusive distributor of the antenna for business aviation and defense markets, going forward.Gilat anticipates delivering production hardware to support customer Supplemental Type Certificates (STCs) later in 2025.Gilat Satellite Networks Ltd. Price and Consensus Gilat Satellite Networks Ltd. price-consensus-chart | Gilat Satellite Networks Ltd. QuoteWhat Does ESR-2030Ku Offer?The ESR-2030Ku showcased strong full-duplex connectivity, reaching impressive speeds of 195 Mbps for downlink and 32 Mbps for uplink, specifically designed for mobility and engineered for optimal efficiency. The antenna demonstrated unwavering stability and dependable performance throughout the test flights, even in challenging airborne environments.The addition of this new ESA terminal expands Gilat’s portfolio alongside the Stellar Blu Sidewinder, strengthening its ability to deliver versatile multi-orbit solutions for both business and defense aviation sectors. This will allow Gilat to seize opportunities in the rapidly growing, multi-billion-dollar LEO ESA market across the Defense and In-Flight Connectivity (IFC) sectors.GILT, a leading provider of satellite-based broadband services, offers advanced solutions across sectors like IFC, defense and public safety. With rising global demand for defense SATCOM, driven by NGSO growth and geopolitical tensions, Gilat is well-positioned to capitalize on these trends through its deep expertise and continued investment in secure, high-performance satellite communication technologies. In February 2025, Globalstar launched an advanced two-way satellite IoT solution using its LEO satellite constellation. Its RM200M is the first satellite module to feature integrated GNSS, Bluetooth, an accelerometer and an application processor, enabling advanced two-way communication. It leverages LEO satellites for global, resilient connectivity, supports edge computing and allows seamless cellular integration.Strong wins for its Defense division augur well. In April 2025, Gilat announced that its defense division, Gilat Defense, secured a multimillion-dollar order from a leading global defense organization. The contract entails the supply of cutting-edge antenna technology, which will be integrated into the organization’s advanced communication systems. Also, the company announced that Gilat Defense has been awarded a significant contract to provide sustainment and support services for Satellite Transportable Terminal (STT) units used by the U.S. Department of Defense (“DoD”). The deal, which covers a base program with extension options for up to five years, is valued at up to $23 million.Gilat’s Zacks Rank & Stock Price PerformanceGILT currently carries a Zacks Rank #3 (Hold). Shares of the company have soared 32.8% in the past six months against the Zacks Satellite and Communication industry's decline of 10.8%.Image Source: Zacks Investment ResearchStocks to Consider From the Computer and Technology SpaceSome better-ranked stocks from the broader technology space are Blackbaud, Inc. BLKB, Unity Software Inc. U and SAP SAP. BLKB sports a Zacks Rank #1 (Strong Buy), while U and SAP carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Blackbaud’s earnings beat the Zacks Consensus Estimate in each of the trailing two quarters of the trailing four quarters while being inline in one and missing in one, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have decreased 19.5% in the past year.Unity Software’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 28.02%. In the last reported quarter, U delivered an earnings surprise of 50%. The company’s long-term earnings growth rate is 8.6%. Its shares have increased 26.6% in the past six months.SAP’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.14%. In the last reported quarter, SAP delivered an earnings surprise of 8.63%. The company’s long-term earnings growth rate is 10.2%. Its shares have surged 50.5% in the past year.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SAP SE (SAP): Free Stock Analysis Report Blackbaud, Inc. (BLKB): Free Stock Analysis Report Gilat Satellite Networks Ltd. (GILT): Free Stock Analysis Report Unity Software Inc. (U): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks