Gilat Satellite and Gazprom Space Systems sign $18M connectivity contract
Gilat Satellite and international satellite operator Gazprom Space Systems signed a contract with an estimated value of $18M to provide broadband connectivity across Russia. Gilat will deliver its multiservice platform and user terminals to operate over the new Yamal 601 Ka satellite. The companies also signed a Cooperation Agreement for joint development of communication projects such as IFC, and railway transport. The Yamal 601 Ka satellite is expected to be launched in 2019 and will provide broadband coverage for both the European and Asian regions of Russia. Additionally, GSS and Gilat agreed to engage in further business cooperation including joint development to expand both regional and global coverage for fixed and mobile platforms. The plans also include provision of communication services to passengers of railway transport with Gilat's on-the-move terminals and GSS satellite capacity.