Israel- Gilat Satellite Networks [Nasdaq:GILT] has announced a new partnership with Inmarsat [LSE:ISAT.L]. The partnership is designed to address additional market opportunities for the forthcoming Global Xpress service in the fixed, land-based VSAT sector.
Inmarsat and Gilat will work closely to identify specific opportunities in which Gilat's technical offering is best suited to driving uptake of Global Xpress by end-users requiring fixed VSAT broadband connectivity.
Under the agreement, Gilat will provide a suite of fixed GX land terminals and related network management resources, which will be made available to VARs, enabling them to address the further prospects identified.
Inmarsat's fleet of three GX satellites (the Inmarsat-5 constellation) is on schedule to achieve full global coverage by the close of 2014. The Ka-band network will offer unprecedented, globally available, high-speed broadband data services.
"Gilat's leadership in Ka-band satellite technology, coupled with their outstanding brand-presence in the enterprise land market, makes them an important partner in addressing these additional opportunities," says Rupert Pearce, CEO, Inmarsat. "Gilat's unique solution was customized especially for these new service opportunities and draws on their broad experience in fulfilling the unique requirements of land enterprise customers."
"We are proud to be part of this important alliance, and regard the Global Xpress initiative as a strong advocator of Gilat's strategic investment in Ka-band, the next generation in satellite communications," says Erez Antebi, Gilat's CEO. "This project allowed us to bring together two of Gilat's centers of excellence -- our advancements and innovation in Ka-band VSAT technology, and our dedicated service and product quality for the enterprise market."
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