Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT),  today reported its results for the fourth quarter and full year ended December 31, 2025.  The company reported 2025 Revenue of US$ 451.7 million, GAAP Operating Income of  US$ 23.4 million and a Adjusted EBITDA of US$ 53.2 million.

SpaceX has acquired xAI,  an artificial intelligence firm founded by Elon Musk three years ago, in a  deal that combines the two privately held firms into a company with a US $1.25 trillion reported valuation. The combined company is planning am Initial Public Offering (IPO) this year.

by Jason Bates

Traditionally, the mission profile and business model for satellites was determined by the operators and customers before the manufacturing process began. This approach was successful for decades, but the transformation of the communications sector requires the satellite world to evolve as well. Going forward, the flexibility of software-defined satellites (SDS) promises to transform how satellite operators design, deploy and manage space segment. 

French antenna manufacturer Anywaves and Luxembourg -based electronics specialist EmTroniX announced their strategic merger, creating a unified industrial group focused on space RF and payload subsystems for telecommunications, Earth observation, and space exploration markets.

Leonardo, through its subsidiary Leonardo US Corporation, has signed an agreement to acquire Enterprise Electronics Corporation (EEC), a US company specializing in developing, manufacturing and servicing weather radar instruments, and satellite receiving stations for meteorology, hydrology, research and aviation for applications in the military and civilian sector. 

The January-February 2026 issue of the Satellite Executive Briefing is now available.  Featuring:

The New Space Economy by Bruce Elbert

Update on the China Satcom Market by Blaine Curcio

Serving the Software-Defined Satellite Market of the Future by Jason Bates

Plus  Company Spotilight on Integrasys, Product Spotlights, Market Trends and many more. Click here to read or download the file

by Bruce R. Elbert

You can’t get into space without investment, and as the adage goes, you can’t make money if you don’t spend money. But first you need an idea or vision of what space can do for you and ultimately for a market. We got here through decades of innovation that put satellites in orbit, sent missions into space to the Moon and beyond, and found ways to use these for a variety of applications of value to mankind. The particular mix changes from time to time and today we see that LEO broadband and D2D have permanently changed satellite communications as a medium and a business. The rest of space is involved with earth observation, science and exploration. But some have suggested space commerce as a new way to make a buck off planet, so to speak.

Intuitive Machines, Inc. (Nasdaq: LUNR) (has completed its acquisition of Lanteris Space Systems (“Lanteris”), formerly Maxar Space Systems. The acquisition, first announced on November 4, 2025, was completed for US$ 800 million before closing adjustments, consisting of US$ 450 million in cash and $350 million in Intuitive Machines Class A common stock.

L3Harris Technologies (NYSE: LHX) has announced a first-of-its-kind proposed partnership with the Department of War (DoW) to significantly increase capacity to build solid rocket motors that power vital U.S. and allied missiles. L3Harris and the DoW have agreed to the terms of a proposed DoW investment in L3Harris’ Missile Solutions business through a US$ 1 billion convertible preferred security, which would automatically convert into common equity upon an initial public offering (IPO).

AE Industrial Partners, LP, a private investment firm focused on technologies and services considered critical to aerospace and national and economic security, today announced that it has signed a definitive agreement to acquire a controlling interest in the Space Propulsion and Power Systems business of L3Harris Technologies (NYSE: LHX).The transaction encompasses business units across five locations in the U.S., which have developed the upper-stage rocket engines used in national security, civil and commercial missions for more than 60 years, as well as in-space propulsion, nuclear power and avionics assets.