Michael Louie DiPalma's questions to Gilat Satellite Networks Ltd (GILT) leadership • Q3 2024
Question
Michael Louie DiPalma asked about Gilat's potential role as a supplier for Europe's Iris² constellation, the competitive environment, and any potential implications for the OneWeb Gen 2 procurement process.
Answer
CEO Adi Sfadia stated that Gilat is well-positioned for the Iris² project through its EU subsidiaries and has already responded to RFIs, viewing ST Engineering iDirect as a potential competitor. He clarified that Gilat considers Iris² and OneWeb Gen 2 as two separate opportunities, as Iris² is focused on defense applications while OneWeb is commercial, though synergies could present greater potential.