Stellar Blu is ready to ramp up its offerings. That’s the key takeaway from CEO Tracy Trent now that news of the company’s purchase by Gilat is public.
We’ve always had lots of demand from other segments, lots of customers that are interested in taking the terminal and putting it on to different kinds of aircraft. This will allow us to address that as well. We think we’ll be able to push the accelerator a little bit.
– Tracy Trent, Stellar Blu CEO
Stellar Blu’s goal was to develop and commercialize the ESA technology, of course. That evolved in to the Sidewinder terminal now being installed on commercial aircraft. But the private equity money behind the company was also always looking for an opportunity “to be unified with somebody that was a big player in the space, that would help it grow faster,” according to CEO Tracy Trent. It found that in Gilat, which approached SBS and offered cash for the company at a sufficiently attractive premium.
Where things get more interesting, however, is around what the growth potential is for the combined operations.
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