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Perrigo Company Public Limited Company Message Board

weda_IL 1 post  |  Last Activity: Mar 9, 2015 9:37 AM Member since: Jan 6, 1999
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  • Hello folks. Haven't been here for quite awhile.

    I've attended a gilat presentation, given by ceo Erez Antebi, in tel-aviv a few weeks ago, after Q4 release.
    The most interesting part, imo, was him mentioing gilat is developing a product for bradband internet, for commercial planes. The idea is that since today every child has a smartphone the market for internet in the sky is much larger than it used to be, and all the airplane companies plan to introduce internet as a service for passengers.
    Those of you who are familiar with gogo in the usa - well, he said that this is a problematic solution as it acually uses many polls on the ground, which the plane need to interact with, and this doesn't work over sea.
    Today there is an "old" satelite solution for KU frequency in the market but the world is going to a new frequency - KA, and they (gilat) plan to introduce a product for this KA. :-)
    If&when they have a product ready then I believe GILT share price would be far higher than today, since there are very few hitech companies who can develop such a complicated equipment (thing about 400 passengers who want fast internet now, and you have to track a sattelite)
    He mentioned panasonic & viasat as competitors.
    From what I googled, I see panasonic has an "old" KU product, but he said they also develop a new KA one, and viasat already has a new KA product, so gilat isn't the 1'st in this market, but the market is large enough.

    If you could find some analyst or clever article about broadband internet for commercial planes market it would be great, because I don't have a clue on the magnitude of this market.

    Sentiment: Buy

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