BNET Industries

Market Cap:$172.2M
Last Fiscal Year Sales:$282.6M
  • Public
  • IL
Dow Jones Description

Gilat Satellite Networks Ltd. (Nasdaq and TASE: GILT) is a leading provider of products and services for satellite-based communications networks. The Company operates three business units: (i) Gilat Network Systems ("GNS"), which is a provider of network systems and associated professional services to service providers and operators worldwide; (ii) Spacenet Inc., which provides managed services in North America for businesses and governments through its Connexstar service brand and for consumers through its StarBand service brand; (iii) Spacenet Rural Communications, which offers rural telephony and internet access solutions to remote areas, primarily in Latin America. Gilat was founded in 1987 and has shipped over 670,000 Very Small Aperture Terminals (VSATs) to more than 85 countries across six continents. Gilat?s headquarters is located in Petah Tikva, Israel. The Company has 16 sales and service offices worldwide. Gilat markets the SkyEdge? and SkyEdge II Product Family, which includes the SkyEdge Pro, SkyEdge IP, SkyEdge Call, SkyEdge DVB-RCS and SkyEdge Gateway.

Chairman & Chief Executive Officer
Amiram Levinberg
Number of Employees 966
Contact Information

21 Yegia Kapayim St

Petah Tiqwa

www.gilat.com

(972) 39252000

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • Telefonica del Peru Selects Gilat to Provide Rural Voice, Data Network

    11/25/09 - Licensing / Contract - View Story

  • Gilat Satellite Networks reports net income in Q3

    11/17/09 - Financial Announcement - View Story

  • Cable & Wireless Panama selects Gilat to provide SkyEdge II network

    10/09/09 - Licensing / Contract - View Story

  • China Unicom Deploys Gilat's Satellite-Based Cellular Backhaul Solution

    9/15/09 - Licensing / Contract - View Story

  • Telespazio Brasil Selects Gilat for 1,200-Site Broadband Satellite Communications...

    9/09/09 - Licensing / Contract - View Story

  • Gilat Announces Results for the Second Quarter, 2009

    8/11/09 - Licensing / Contract - View Story

  • BRIEF: Gilat posts loss on lower revenue: The company nevertheless beat the analysts' loss and...

    8/11/09 - Financial Announcement - View Story

News & Analysis

deterministic networks inc. and gilat satellite networks ltd. - All News and Analysis

Decision Makers

Name (plus bio) Position
Andreas Georghiou Chief Executive Officer, Spacenet Inc.
Rocio del Campo President & CEO, Spacenet Rural Comm
Ari Krashin Chief Financial Officer
Avihu Bergman Executive Vice President, Sales
Joshua Levinberg Executive Vice President, Corp Business Dev & Strategy
Nir Golan Executive Vice President, Sales
Samer Salameh Executive Vice President
Yoav Leibovitch Executive Vice President, Corp Devl
Dani Segdan Vice President Information Technologies
Misael Andrade Gilat's Vice President Sales & Marketing
Racheli Hermelin Vice President of Human Resources for Gns
Rami Miron Vice President, Operations & Info Sys
Tal Meirzon Vice President Business Development & Gm Wireless Business Unit for Gns
William Weisel General Counsel & Vice President
Yair Shaharbany Vice President of Customer Services
Yaniv Reinhold Vice President of Financial Planning, Treasury & Administration
Yaron Suher Treasurer, Vice President, Finance Planning & Admin
Yossi Gal Vice President, R & D
Josuha Levinberg Co-Founder
Ayelet Shaked Director, Investor Relations
Hanita Rosenthal Director, Corp Marketing
Shira Gafni Director, Corporate Marketing
Doron Ron
Rael Kolevsohn
Karen Sarid Director
Haim Benjamini Member

Board of Directors

Name (plus bio) Position
Amiram Levinberg Chairman & Chief Executive Officer
Ehud Ganani Board of Directors
Izhak Tamir Board of Directors
Jeremy Blank Member of the Board of Directors
Rachel Prishkolnik Board of Directors
Udi Ganani Board of Directors

Amiram Levinberg is a co-founder of Gilat and returned to the Company in 2005 as its Chairman and Chief Executive Officer. Mr. Levinberg returned to the company as Chairman & Chief Executive Officer in 2005. He previously held positions as Gilat's President, Chief Operations Officer and Vice President of Engineering. Mr. Levinberg served in a research and development unit of the Israeli Defense Force (1977-1987) and was awarded the Israel Defense Award in 1988. Mr. Levinberg holds an MSc in Digital Communications and a BSc in Electrical Engineering from the Technion Institute of Technology, Haifa. Mr. Levinberg also serves on the Boards of Cardboard Industries and Kargal, a cardboard manufacturer in Israel, and Kasamba, an internet company offering online expert professional advice.

Organization Position Status
Gilat Satellite Networks Ltd. Chairman & Chief Executive Officer Current
Gilat Satellite Networks Ltd. President Former
Gilat Satellite Networks Ltd. Co-Founder Former
Gilat Satellite Networks Ltd. Board of Directors Former
Technion-Israel Institute of Technology Msc In Digital Communications Former
Technion-Israel Institute of Technology Bsc In Electrical Engineering Former

Andreas M. Georghiou is the Chief Executive Officer of Spacenet Inc. Previous to Spacenet, Mr. Georghiou was the Chief Commercial Officer for SES Americom and its predecessor GE Americom, a unit of General Electric. He was also a member of Americom’s Management Committee. Mr. Georghiou has been with SES Americom for over 20 years in various leadership roles including President of Americom Asia Pacific, Senior Vice President of Engineering and Operations, and Senior Vice President of Sales and Marketing. While the company was still GE Americom, he served as a GE Capital Officer. He started his career at RCA’s world renown David Sarnoff Research Labs. Mr. Georghiou has a MS in Operations Research from the Wharton School of Business, where he studied under a Fulbright Scholarship, and a BS in Economics from the University of Pennsylvania

Organization Position Status
Gilat Satellite Networks Ltd. Chief Executive Officer, Spacenet Inc. Current
Spacenet, Inc. Chief Executive Officer Current
SES Americom, Inc. Chief Commercial Officer Former

Organization Position Status
Gilat Satellite Networks Ltd. President & CEO, Spacenet Rural Comm Current
Infotec General Manager Former
Infotec International Business Development Manager Former

Ari Krashin serves as Chief Financial Officer for both Gilat Satellite Networks and GNS. Previously, Mr. Krashin was Gilat’s Director of Finance. Before joining Gilat, he served as a CPA for Kesselman & Kesselman, PriceWaterhouseCooper’s Israel office. Mr. Krashin is a CPA and holds a BA in Business Administration and Accounting from the College of Management

Organization Position Status
Gilat Satellite Networks Ltd. Chief Financial Officer Current
Gilat Satellite Networks Ltd. Finance Director Former

Organization Position Status
Gilat Satellite Networks Ltd. Executive Vice President, Sales Current

Josuha Levinberg, a co-founder, serves as Gilat’s Executive Vice President of Corporate Business Development & Strategy. Mr Levinberg previously served as Senior Vice President for Business Development. He has also held positions as V.P. Marketing for G.E. Spacenet, Inc., a wholly owned subsidiary of G.E. Capital and then established and was Chief Executive Officer of Global Village Telecom (GVT). In 1990 Mr. Levinberg moved to the U.S. to establish Gilat’s presence there and served as Executive Vice President and General Manager of Gilat Satellite Networks, Inc. Mr. Levinberg holds a BSc in Electrical Engineering and Electronics from TelAviv.

Organization Position Status
Gilat Satellite Networks Ltd. Executive Vice President, Corp Business Dev & Strategy Current
Gilat Satellite Networks Ltd. General Manager Former

Organization Position Status
Gilat Satellite Networks Ltd. Executive Vice President, Sales Current

Organization Position Status
Gilat Satellite Networks Ltd. Executive Vice President Current

Yoav Leibovitch serves as Gilat's Executive Vice President of Corporate Development. Previously, Mr. Leibovitch assisted in the initial public offering of Scopus Ltd. Mr. Leibovitch was Gilat's Vice President of Finance and Administration and Chief Financial Officer (1991-2003). Prior to Gilat, Mr. Leibovitch held senior management positions at Bertelsmann AG subsidiary Doubleday Books and at Music Clubs in the U.S.A, and he was the Chief Financial Officer of a partnership between Bertelsmann AG, Clal Corporation and Yediot Aharonot in Israel. Mr. Leibovitch holds an MBA in Finance and Banking and a BA in Economics and Accounting from the Hebrew University of Jerusalem.

Organization Position Status
Gilat Satellite Networks Ltd. Executive Vice President, Corp Devl Current
Bertelsmann AG Chief Financial Officer Former
Hebrew University of Jerusalem MBA In Finance and Banking Former
Hebrew University of Jerusalem BA In Economics and Accounting Former

Prior to joining GNS, Mr. Segdan was the IT manager for Polycom Israel Ltd and Corporate IT Manager for AudioCodes. He has more than 20 years of experience in managing IT departments, information systems development and implementation projects in a wide range of applications and roles.

Organization Position Status
Gilat Satellite Networks Ltd. Vice President Information Technologies Current
AudioCodes Ltd. Manager Former
Bar-Ilan University BA In Economics Former

Organization Position Status
Gilat Satellite Networks Ltd. Gilat's Vice President Sales & Marketing Current

Previously, Ms. Hermelin had served as acting head of the department. Prior to Gilat, she worked in human resources at Applied Materials.

Organization Position Status
Gilat Satellite Networks Ltd. Vice President of Human Resources for Gns Current
Applied Materials, Inc. Former

Organization Position Status
Gilat Satellite Networks Ltd. Vice President, Operations & Info Sys Current

Organization Position Status
Wavion, Inc. CEO Current
Gilat Satellite Networks Ltd. Vice President Business Development & Gm Wireless Business Unit for Gns Current
Israeli Air Force Captain Former
Tel Aviv University MBA In Technology Management and Marketing Former
Tel Aviv University Masters degree in Business Administration Former
Tel Aviv University B.Sc Degree In Electrical Engineering Former

Organization Position Status
Gilat Satellite Networks Ltd. General Counsel & Vice President Current

At Gilat, Mr. Shaharbany previously held positions as AVP Customer Services, Director of Program Management and Director of Sales, Africa.

Organization Position Status
Gilat Satellite Networks Ltd. Vice President of Customer Services Current

Organization Position Status
Gilat Satellite Networks Ltd. Vice President of Financial Planning, Treasury & Administration Current

Organization Position Status
Gilat Satellite Networks Ltd. Treasurer, Vice President, Finance Planning & Admin Current

Organization Position Status
Gilat Satellite Networks Ltd. Vice President, R & D Current

Josuha Levinberg, a co-founder, serves as Gilat's Executive Vice President of Corporate Business Development & Strategy. Mr Levinberg previously served as Senior Vice President for Business Development. He has also held positions as V.P. Marketing for G.E. Spacenet, Inc., a wholly owned subsidiary of G.E. Capital and then established and was Chief Executive Officer of Global Village Telecom (GVT). In 1990 Mr. Levinberg moved to the U.S. to establish Gilat's presence there and served as Executive Vice President and General Manager of Gilat Satellite Networks, Inc. Mr. Levinberg holds a BSc in Electrical Engineering and Electronics from TelAviv.

Organization Position Status
Gilat Satellite Networks Ltd. Co-Founder Current
Gilat Satellite Networks Ltd. Executive Vice President and General Manager Former

Organization Position Status
Gilat Satellite Networks Ltd. Director, Investor Relations Current

Organization Position Status
Gilat Satellite Networks Ltd. Director, Corp Marketing Current
Gilat Satellite Networks Ltd. Director, Corp Marketing Former

Organization Position Status
Gilat Satellite Networks Ltd. Director, Corporate Marketing Current

Organization Position Status
Gilat Satellite Networks Ltd. Current

Organization Position Status
Gilat Satellite Networks Ltd. Current
Hebrew University of Jerusalem LLB law degree Former

Organization Position Status
Rabintex Industries Ltd CEO Current
Rabintex Industries Ltd President Current
Co-Defense Chairman Current
The Aerospace Corporation Chairman Current
Rabintex Industries Ltd Board of Directors Current
Gilat Satellite Networks Ltd. Board of Directors Current
Gilat Satellite Networks Ltd. Member Current
Traceguard Technologies, Inc. CEO Former
Traceguard Technologies, Inc. Chairman Former
Traceguard Technologies, Inc. Board of Directors Former
Washington University Doctorate Former
Technion-Israel Institute of Technology Bsc Former
Washington University B.Sc Former
Technion-Israel Institute of Technology Degree (With Honors) In Chemical Engineering Former

Mr. Tamir has been President and a Director of Orckit since its founding in 1990 and Chairman of the Board since July 2008. In addition, Mr. Tamir has been served as Tickro’s Chairman of the Board since January 2000 and as Chief Executive Officer from August 2003 until December 2007. Mr. Tamir is also Chairman of the Board of Corrigent Systems since 2001 and Chief Executive Officer of Corrigent Systems since May 2007. Mr. Tamir has served as a Director at Gilat Satellite Networks since 2005. From 1987 until 1989, Mr. Tamir was employed by Comstream Inc., in San Diego, California. From 1985 until 1987, he was vice president of A.T. Communication Channels Ltd., a subsidiary of Bezeq - the Israel Telecommunications Corporation Ltd. From 1978 to 1985, he was a senior engineer in the Israeli Government.

Organization Position Status
Orckit Communications Ltd. President Current
Orckit Communications Ltd. Board of Directors Current
Gilat Satellite Networks Ltd. Board of Directors Current
Tel Aviv University MBA Former
Technion-Israel Institute of Technology Degree Former

Organization Position Status
York Capital Management, LLC Managing Director Current
Gilat Satellite Networks Ltd. Member of the Board of Directors Current
Morgan Stanley vice president Former
Yeshiva University BA In Finance Former

Karen Sarid is a member of the Board's audit and compensation committees. Ms. Sarid also serves as a Director at Oridion Ltd. (SWXNM: ORIDN), and as a Director and as Chair of the audit committee at LanOptics (NASDAQ: LNOP). Since September 2000, she has been General Manager of Orex Computed Radiography Ltd., a Kodak Company focusing on advanced radiography systems for the digital x-ray market. Ms. Sarid served as Chief Financial Officer and a member of the Board of Directors (1999-2000) of Forsoft Ltd., a software solutions provider and a subsidiary of the Formula Group and Ms. Sarid was Chief Financial Officer and a member of the Board of Directors (1996-1999) of ESC Medical Systems Ltd., a medical laser manufacturer traded on the NASDAQ. She was Chief Financial Officer (1993-1996) of LanOptics Ltd. Ms. Sarid was awarded CFO of the Year in 1998 by the Association of Chief Financial Officers in Israel, and received a BA in Economics and Accounting from Haifa University.

Organization Position Status
Oridion Systems Ltd. Director Current
Gilat Satellite Networks Ltd. Director Current
LanOptics Ltd. Director Current
LanOptics Ltd. Chief Financial Officer Former
Tel Aviv University M.B.A. Former
University Corp. B.A. Degree In Economics and Accounting Former
University of Haifa B.A. In Economics and Accounting Former

Rachel Prishkolnik is the Gilat Corporate Secretary. Rachel Prishkolnik previously served as Gilat Legal Counsel. Prior to Gilat, she worked at the law firm of Jeffer, Mangels, Butler & Marmaro LLP in Los Angeles. Before that, Ms. Prishkolnik worked at Kleinhendler & Halevy in Tel Aviv. Ms. Prishkolnik holds an LLB law degree from the Faculty of Law at the Tel Aviv University and a Bachelors of Arts from Wesleyan University in Connecticut. She is licensed to practice law and is a member of the Israeli Bar.

Organization Position Status
Gilat Satellite Networks Ltd. Board of Directors Current
Tel Aviv University Faculty Former
The Faculty Llb Former
Wesleyan University Bachelors of Arts Former
Tel Aviv University Llb Law Degree from the Faculty of Law Former
The Faculty Degree Former

Organization Position Status
Gilat Satellite Networks Ltd. Board of Directors Current
Washington University Doctorate of Science in chemical engineering Former
Hebrew University of Jerusalem M.Sc in Mathematics Former
Technion-Israel Institute of Technology Bachelor of Science in Chemical Engineering Former

Haim Benjamini is an external director of the Company and a member of the Company’s audit and compensation committees. Mr. Benjamini is currently an advisor to Teva’s CEO, Board and management. He served as the Corporate Vice President of Human Resources of Teva Pharmaceutical Industries Ltd. (1988-2004) and as the Corporate Vice President of Human Resources at Scitex Corporation (1982-1988). Mr. Benjamini served (1997-2003) as a guest lecturer at Tel Aviv University with the Masters of Arts program in Labor Studies. Mr. Benjamini is a Brigadier General (Ret) in the Israel Defense Force and served in various command staff and training roles (1957-1982). Mr. Benjamini holds an MA in Organizational Behavior from the University of Chicago and a BA in Social Sciences, Sociology and Political Science from the Hebrew University, Jerusalem.

Organization Position Status
Gilat Satellite Networks Ltd. Member Current
Tel Aviv University Guest Lecturer Former
Tel Aviv University Masters of Arts Program In Labor Studies. Former
Teva Pharmaceutical Industries Ltd. Corporate Vice President of Human Resources Former
University of Chicago MA In Organizational Behavior Former
Hebrew University of Jerusalem BA In Social Sciences, Sociology and Political Science Former

Executive News

  • Wavion Partners with Urals Carrier, Uralsvyazinform, to Deliver...

    MSN Money - 8/24/09 - View Story

  • Wavion Partners with Urals Carrier, Uralsvyazinform, to Deliver Wireless Broadband Access to Ekaterinburg and other Cities in the Region

    Business Wire - 8/24/09 - View Story

  • Orckit Communications Ltd. (ORCT) reports 2nd Quarter ending June 2009 above estimates

    Earnings Whispers - 8/13/09 - View Story

  • Orckit loss widens, revenue unchanged: Orckit president: We have a lot to look forward to in 2010.

    TradingMarkets - 8/12/09 - View Story

  • Orckit Communications Reports 2009 Second Quarter Results

    TradingMarkets - 8/12/09 - View Story

  • Orckit Communications Reports 2009 Second Quarter Results

    TMC Net - 8/12/09 - View Story

  • Orckit Communications Reports 2009 Second Quarter Results

    Stockwatch - 8/12/09 - View Story

  • BRIEF: Gilat posts loss on lower revenue: The company nevertheless beat the analysts' loss and revenue consensus.

    TradingMarkets - 8/11/09 - View Story

  • Gilat Announces Results for the Second Quarter, 2009

    TMC Net - 8/11/09 - View Story

  • Gilat Announces Results for the Second Quarter, 2009

    Stockwatch - 8/11/09 - View Story

  • Gilat Announces Results for the Second Quarter, 2009

    Street Insider - 8/11/09 - View Story

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GILT $4.29 -0.06 (-1.38% )
Volume 35,413
Shares Outstanding 40.1M
Market Cap 172.2M
Year High 4.99
Year Low 2.17
Earnings Per Share -0.12
P/E Ratio N/A
Dividend 0.00
Yield 0.00
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