{"id":817372,"date":"2025-02-25T07:27:08","date_gmt":"2025-02-25T12:27:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/"},"modified":"2025-02-25T07:27:08","modified_gmt":"2025-02-25T12:27:08","slug":"gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/","title":{"rendered":"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense"},"content":{"rendered":"<h2>\nGilat expands its HLS and Defense strategic footprint with investment in cutting-edge deep-tech company<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">PETAH TIKVA, Israel, Feb.  25, 2025  (GLOBE NEWSWIRE) &#8212; Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a global leader in satellite networking technology, solutions, and services, today announced an investment of up to $3.5 million in Crosense, an early-stage startup revolutionizing drone detection and tracking. The investment is part of a funding round co-led by Frontier Capital, reinforcing strong industry confidence in Crosense\u2019s disruptive technology. This move aligns with Gilat\u2019s recently declared strategic focus on expanding its presence in the Homeland Security (HLS) and Defense sectors.<\/p>\n<p align=\"justify\">Crosense is developing a disruptive new class of deep-tech, electronically steered antenna (ESA) based drone detection and tracking systems, addressing an urgent, unmet need for securing airports, military bases, and critical infrastructure against unauthorized drone activity. Unlike traditional solutions, Crosense\u2019s passive, all-weather, real-time system will provide 24\/7 hermetic coverage, ensuring accurate, scalable, and cost-effective detection in all terrains, including dense urban environments.<\/p>\n<p align=\"justify\">&#8220;The rapid rise of drone threats has created an immediate demand for more effective detection solutions, and Crosense\u2019s technology is poised to disrupt the market,&#8221; said Roni Stoleru, Chief Corporate Development Officer at Gilat. &#8220;This investment reflects Gilat\u2019s commitment to the defense sector and our strategy to bring innovative, field-proven solutions to military and government customers worldwide. By supporting Crosense, we are reinforcing our role in safeguarding critical assets with next-generation technologies.&#8221;<\/p>\n<p align=\"justify\">&#8220;We are thrilled to have Gilat as our strategic partner and investor,&#8221; stated Crosense founder and CEO, Gil Zwirn. &#8220;Gilat&#8217;s extensive knowledge and expertise, as well as its robust global marketing and sales channels will be instrumental in our journey. This collaboration is expected to propel Crosense forward, fostering innovation and growth, and amplifying our reach and impact.&#8221;<\/p>\n<p align=\"justify\">\n        <strong>About Gilat<\/strong>\n      <\/p>\n<p align=\"justify\">Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.<\/p>\n<p align=\"justify\">Together with our wholly-owned subsidiaries\u2014Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu\u2014we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems; high-performance satellite terminals; advanced Satellite On-the-Move (SOTM) antennas and ESAs; highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.<\/p>\n<p align=\"justify\">Gilat\u2019s products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HJIYRbyqPYrBy-Y8pL2GP5luQ0aQx61usp_xbVLksLoHmVDA1KYnWaoYq8j5Wt0X9xruDP-VFtzTFGoUVx00ow==\" rel=\"nofollow\" target=\"_blank\">http:\/\/www.gilat.com<\/a><\/p>\n<p align=\"justify\">\n        <em>Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words \u201cestimate\u201d, \u201cproject\u201d, \u201cintend\u201d, \u201cexpect\u201d, \u201cbelieve\u201d and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat\u2019s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat\u2019s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other <\/em><br \/>\n        <em>companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect Gilat\u2019s proprietary technology and risks associated with Gilat\u2019s international operations and its location in Israel, including those related to the war and hostilities between Israel and Hamas, Hezbollah, Iran and Yemen and the instability in the middle east; and other factors discussed under the heading \u201cRisk Factors\u201d in Gilat\u2019s most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and Gilat undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Contact:<\/strong>\n      <\/p>\n<p align=\"justify\">Gilat Satellite Networks<\/p>\n<p align=\"justify\">\n        <strong>Hagay Katz<\/strong>, Chief Products and Marketing Officer<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zrYBAD6kjKLcQOEJjZH_zGCBzHhHALh3udvaunL1gsYz7DDpWiP_dUVFvT5ffrZMoR4QzI9u8iaM8U2Ecfa6Mg==\" rel=\"nofollow\" target=\"_blank\">hagayk@gilat.com<\/a>\n      <\/p>\n<p align=\"justify\">\n        <strong>Alliance Advisors<\/strong><br \/>\n        <strong>:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DzjYdyEsy3oCxeQFlplgQ5EzOegBzNpH9JV69I2nXSMtIO7LExnpV0XHsb8yMQpgcAXDSlWb0cKabJh3B0Mo1eGtyrPYKomxcLNxs3bz5ugTYUpVq8Hb8jeTEZNuzrZt\" rel=\"nofollow\" target=\"_blank\">GilatIR@allianceadvisors.co<\/a><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qBJuBaun_7qIZa_Bi4e3K3hpN0ngaSruPgFCmP2TNYdT0VYQK78alzZs61NkHb_2UH5xNnnpREgFvpM3UWzgUw==\" rel=\"nofollow\" target=\"_blank\">m<\/a><br \/>\n        <br \/>Phone: +1 212 838 3777<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NDE3NCM2Nzc2OTA1IzIwMjA1NTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjliZWVlOTMtYmIwMS00ZjA3LWFkODYtNWNkZDM5NjU2MDI0LTEwMzIzODI=\/tiny\/Gilat-Satellite-Networks-Ltd-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gilat expands its HLS and Defense strategic footprint with investment in cutting-edge deep-tech company PETAH TIKVA, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) &#8212; Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a global leader in satellite networking technology, solutions, and services, today announced an investment of up to $3.5 million in Crosense, an early-stage startup revolutionizing drone detection and tracking. The investment is part of a funding round co-led by Frontier Capital, reinforcing strong industry confidence in Crosense\u2019s disruptive technology. This move aligns with Gilat\u2019s recently declared strategic focus on expanding its presence in the Homeland Security (HLS) and Defense sectors. Crosense is developing a disruptive new class of deep-tech, electronically steered antenna (ESA) based drone detection and tracking systems, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-817372","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Gilat expands its HLS and Defense strategic footprint with investment in cutting-edge deep-tech company PETAH TIKVA, Israel, Feb. 25, 2025 (GLOBE NEWSWIRE) &#8212; Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a global leader in satellite networking technology, solutions, and services, today announced an investment of up to $3.5 million in Crosense, an early-stage startup revolutionizing drone detection and tracking. The investment is part of a funding round co-led by Frontier Capital, reinforcing strong industry confidence in Crosense\u2019s disruptive technology. This move aligns with Gilat\u2019s recently declared strategic focus on expanding its presence in the Homeland Security (HLS) and Defense sectors. Crosense is developing a disruptive new class of deep-tech, electronically steered antenna (ESA) based drone detection and tracking systems, &hellip; Continue reading &quot;Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-25T12:27:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NDE3NCM2Nzc2OTA1IzIwMjA1NTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense\",\"datePublished\":\"2025-02-25T12:27:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\\\/\"},\"wordCount\":821,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTM4NDE3NCM2Nzc2OTA1IzIwMjA1NTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\\\/\",\"name\":\"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense - 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(NASDAQ: GILT, TASE: GILT), a global leader in satellite networking technology, solutions, and services, today announced an investment of up to $3.5 million in Crosense, an early-stage startup revolutionizing drone detection and tracking. The investment is part of a funding round co-led by Frontier Capital, reinforcing strong industry confidence in Crosense\u2019s disruptive technology. This move aligns with Gilat\u2019s recently declared strategic focus on expanding its presence in the Homeland Security (HLS) and Defense sectors. Crosense is developing a disruptive new class of deep-tech, electronically steered antenna (ESA) based drone detection and tracking systems, &hellip; Continue reading \"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-25T12:27:08+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NDE3NCM2Nzc2OTA1IzIwMjA1NTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense","datePublished":"2025-02-25T12:27:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/"},"wordCount":821,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM4NDE3NCM2Nzc2OTA1IzIwMjA1NTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/gilat-to-invest-up-to-3-5-million-in-disruptive-esa-based-drone-detection-startup-crosense\/","name":"Gilat to Invest up to $3.5 Million in Disruptive ESA Based Drone Detection Startup Crosense - 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