[SatNews] Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE: GILT) is entering into a unique partnership with Space Star Technology Co Ltd (SSTC), in which SSTC and Gilat will jointly provide the satellite communications network for ChinaSat 16, the first Ka-, HTS, multi-spot-beam satellite in China.
The partnership agreement stipulates that multiple network segments and VSAT terminals will be delivered using Gilat's
The SkyEdge II-c network will enable high speed fixed and mobile services to be delivered over satellite, including airborne, maritime, train and land mobility throughout China. Additionally, Gilat will share its expertise and experience with SSTC to develop satellite-enabled applications to improve the quality of life for citizens in the country's remote locations.
Dov Baharav, Gilat's Interim CEO and Chairman of the Board, said,"This agreement presents a momentous opportunity for Gilat and is a strong vindication of our technology leadership. We also believe it represents an important opportunity for China to be at the forefront of next-generation fixed and mobile satellite services, while providing consumers, businesses and government organizations across China with valuable high-speed broadband services."