All , apart from Kaplan, met during their military service, and were partners in a confidential project, which granted them the prestigious Israel Defense Prize.

[7] The objective of the company's founders was to develop products for the civilian market, and the opportunity came when USA Spacenet, which operated a network of satellites for data communications, hired their services to design a Very Small Aperture Terminal (VSAT),[8] a tiny base station for two-way data communication.

In 1991, Gilat launched VSAT, which it sold to Rite Aid Corporation,[9] an American drugstore chain that operated 2700 branches throughout the United States.

[10] Following the transaction, General Electric held 30% of Gilat's shares, becoming the largest shareholder in the company, most of which were sold within a few years at a large profit.

[12] In January 1999, Gilat filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for an issue of shares with a financial value of approximately $275 million - The largest capital ever raised by an Israeli company on Wall Street up to that time.

This was Gilat's fourth financing round on Wall Street to date, and the total capital it raised at this time reached $400 million.

In 2000, Gilat introduced an innovation involving VSAT technology allowing remote locations, such as the Havasupai Reservation in Arizona and rural communities in Brazil, to access the internet at high speeds.

[16] In 2002, after the dot-com bubble burst, Gilat experienced a decline in revenue and the failure of StarBand (a huge project to establish a satellite network to provide two-way high-speed Internet services).

In 2016, Gilat launched a patent-protected solution[20] for connecting cellular communication stations via satellite, which was the first of its kind for 4th generation networks, it later sold its cellular solutions to many companies such as Optus in Australia, T-Mobile in the United States, Softbank in Japan, TIM Brazil, EE in the UK, Telefonica Global and more.

In March 2023, Gilat launched the Endurance product (high-power, high-performance, high-availability Solid State Power Amplifiers solution)[24] through Wavestream and expanded its business activity with Hispasat, providing it with access to the SkyEdge IV platform, which interfaces with the Amazonas Nexus satellite.

That same year, Gilat acquired DataPath, an American company engaged in providing satellite communications solutions for the US military market.

Over the years, the company has provided more than 1,000,000 VSAT (Very Small Aperture Terminal), in more than 80 countries on 6 continents, including for military, government and enterprise systems.

Former CEOs: Yoel Gat, Oren Most, Shlomo Rodav, Amiram Levinberg, Erez Antebi, Dov Baharav, Yona Ovadia.