Founded in 1987, Israel’s Gilat Satellite Networks is a veteran in the satellite communication market and is <a href="https://www.mordorintelligence.com/ru/industry-reports/satellite-ground-equipment-market">ranked</a> in the top five globally in satellite ground equipment, according to Mordor Intelligence. Over the years, the company has weathered the financial crisis and the dot-com bubble. Gilat's new goal is to become the leading supplier of in-flight connectivity (IFC) equipment. With in-flight Wi-Fi becoming a differentiating tool for airlines, this market looks promising, which bodes well for Gilat’s stock, suggests investment bank Needham.

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