![\"Gilat](\"https:\/\/cdn.satnow.com\/news\/1700548858153_638361456607122677.png\")
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Gilat Satellite Networks<\/strong>, one of the worldwide leaders in satellite networking technology, solutions, and services, announced that it has completed the acquisition of DataPath<\/strong>, a market leader in trusted communications for the US DoD Military and Government sectors.<\/p>\n The transaction was approved by the Gilat Board of Directors and by DataPath\u2019s Board of Directors and stockholders earlier this year, and it has received regulatory approvals, including the receipt of clearance from the Committee on Foreign Investment in the United States (CFIUS).<\/p>\n \u201cThis acquisition is a strong step ahead in Gilat\u2019s strategy to increase its presence in the growing defense market,<\/em>\u201d said Adi Sfadia<\/strong>, Gilat\u2019s CEO. \u201cWith more than 25 years of experience in serving the US DoD and government sectors, as well as other government and defense markets, DataPath is the pillar we have been seeking to rapidly realize Gilat\u2019s strategy. With annual revenues in the defense sector forecasted to increase by approximately $50 million, we are building upon the new, strong synergies enabled by the acquisition, as Gilat\u2019s international presence will present DataPath with new opportunities for its advanced solutions, and DataPath\u2019s valued presence in the US will create new opportunities for Gilat\u2019s advanced communication technologies in this sector.\u201d<\/p>\n \u201cTogether with Gilat, we are well positioned to offer all of our customers comprehensive integrated solutions built with best of breed components and technologies<\/em>,\u201d said David McDonald<\/strong>, DataPath\u2019s President. \u201cDataPath, now as part of Gilat, will continue to offer superior solutions, not just within the U.S. DoD market, but throughout the world. This acquisition\u2019s synergies enhance Gilat\u2019s and DataPath\u2019s ability to develop solutions for the rapidly evolving satellite communication market. As the SATCOM market enters a new space age, our combined resources and technologies further enhance Gilat\u2019s strategy in the global defense sector.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" Gilat Satellite Networks, one of the worldwide leaders in satellite networking technology, solutions, and services, announced that it has completed the acquisition of DataPath, a market leader in trusted communications for the US DoD Military and Government sectors. The transaction was approved by the Gilat Board of Directors and by DataPath\u2019s Board of Directors and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[26,20],"class_list":["post-7977","post","type-post","status-publish","format-standard","hentry","category-news","tag-ground","tag-satellite"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/7977"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=7977"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/7977\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=7977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=7977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=7977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}