FORM 6 –K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report on Foreign Issuer

Pursuant to Rule 13a – 16 or 15d – 16 of the Securities Exchange Act of 1934

For the Month of May, 2021

Gilat Satellite Networks Ltd.

(Translation of Registrant's Name into English)

Gilat House, Yegia Kapayim Street Daniv Park, Kiryat Arye, Petah Tikva, Israel(Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒Form 40-F ☐

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐No ☒

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

Attached hereto is Registrant's IR presentation as posted on Registrant's website.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Gilat Satellite Networks Ltd. (Registrant)

Dated May 20, 2021

By:/s/ Yael Shofar

Yael Shofar General Counsel

GILAT SATELLITE NETWORKS

Investors Presentation

MAY 2021

FORWARD LOOKING STATEMENTS DISCLAIMER

Certain statements made in this presentation that are forward-looking within the meaning of the Private Securities Liligation Reform Act of 1995. The words "estimate", "intend", "expect", "believe" and similar expressions are intended to identify forwardlooking statements. These forward-looking statements involve known risks and uncertainties. Many factors could cause the actual results, performance of Gilat o 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 inability to obtain financing and or timely develop and introduce new technologies products and applications, rapid changes in the market for Gilat's products, loss of market share and prices resulting from competition, introduction of competing products by other companies inability to manage growth and expansion, loss of ley OEM partners, nability to atract and relain qualified personnel, inability to protect the company's proprietary technology and risks associated with Glat's international operations and its location in Israel. Glat undertakes no obligation to update or revise any forwardlooking statements for any reason. For additional information regarding these and uncertainlies associated with Glat's business, reference is made to Gilat's reports filed from time to time with the Securities and Exchange Commission.

Unaudited/Non-GAAP Financial Measures

This presentation includes financial data that is not and financial data that was not prepared in accordance with U.S. Generally Accepted Accounting Principles (GAP). Non-GARP financial measures appearing in this presentation consist of GAAP financial measures aquesed to exclude, non cash share-based compenses, imparment of goodwill and long lived asses, amorization of acquired intangible asses, restructuring, trade secrets lax expenses under amnesty program, deferred lax benefit hat was recorded for the first time and other non-recurring expenses and hel income of loss from discontinued operations. Glat believes her-GAAP financial measures provide consistent and comparable neasures to help investors understand Gilat's current and future operating performance. However, our non-GAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read in consolidated financialstatements prepared in accordance with GAP. Additionaly, these non-GAAP financially fromthe non-GAAP financial measures used by other companies.

+800 Employees 1987 Founded 20 Sales Offices 5 R&D Centers GILT NASDAQ/TASE

イ | Post COVID-19 IFC Rebound, Free WIFI Tailwind
| |

4G/5G Ubiquitous Connectivity Bridging the Digital Divide
5G Total Addressable Market expanding dramatically 2 |

NGSO Constellations - Abundance of Capacity
Large capital spending in satellite industry 3 |

Strong Tailwinds in Defense
Increased focus on military SATCOM networks ৰ

Peru Terrestrial Networks "Investment" Shifting to Harvest
Recurring revenue model 5 |

POST COVID-19 IFC REBOUND INCLUDES FREE WIFI TAILWIND

LONG TERM IFC INVESTMENT CYCLE

ENABLING LARGE IFC GLOBAL NETWORK GLOBAL COVERAGE | > 30 SATELLITES | 18 TELEPORTS | 20 AIRLINES | GLOBAL NETWORK MANAGEMENT SYSTEM

POST COVID-19 IFC REBOUND INCLUDES FREE WIFI TAILWIND

LONG TERM IFC INVESTMENT CYCLE

GROWTH OPPORTUNITIES DRIVEN BY INCREASE IN DEMAND AND MARKET PENETRATION

4G/5G UBIQUITOUS CONNECTIVITY BRIDGING THE DIGITAL DIVIDE 2 (Gian

5G TOTAL ADDRESSABLE MARKET EXPANDING DRAMATICALLY

GILAT EXPERTISE AND INNOVATION MAKING 5G A REALITY

MORE THAN 50,000 LEO SATELLITES EXPECTED WITHIN A DECADE; INVESTMENT OVER \$30 BILLION

NGSO CONSTELLATIONS - ABUNDANCE OF CAPACITY

LARGE CAPITAL SPENDING IN SATELLITE INDUSTRY

GILAT'S PROVEN NGSO TECHNOLOGY

Gilat to provide ground segment for 03B mPower

LEO CUSTOMER

Potential of over \$50 million to supply gateway solid state power amplifiers

TELESAT.

Successful demonstrations with Telesat's phase 1 LEO satellite

STRONG TAILWINDS IN DEFENSE

Satcom Network

INCREASED FOCUS ON MILITARY SATCOM NETWORKS

Transportable

Military Aircraft

On-the-Move

GOVERNMENT & MILITARY SATELLITE COMMUNICATIONS

Expected Market Value ~\$930M in 2025

Source: NSR 2020

On-the-Pause

HIGH-BANDWIDTH REQUIRED IN BATTLEFIELD | EMERGING THREAT OF ELECTRONIC WARFARE

PERU TERRESTRIAL NETWORKS "INVESTMENT" SHIFTING TO HARVEST | | MA

RECURRING REVENUE MODEL

PERU - PRONATEL (FITEL) PROJECTS

PRONATEL

· Six regions awarded to Gilat (~\$550M)
- · ~ \$335M construction revenue
  - · Four regions passed government acceptance, 2 regions planned by mid 2022
  - · Revenue recognized by March 31, 2021 ~\$275M
- · ~ \$215M in operational revenue over ten years
  - · Three regions entered operations phase in 2019
  - · One region entered operations phase in Q2 2021
  - · Two regions expected to enter into operations phase in 2022
· Target: Recurring revenues >\$50M per year by the end of 2022

(1) connectivity Harteness Telefonica

GILAT DELIVERS INTERNET TO MILLIONS OF PEOPLE IN PERU

FINANCIAL INDICATORS HIGHLIGHTS

14 | Proprietary and Confidential

SEGMENT COMMENTARY

US\$ MILLIONS

FIXED NETWORKS

TERRESTRIAL

· 2020 was effected by the COVID19 pandemic
· 2021 revenue to be significantly higher than 2020
· 2020 was heavily effected by the COVID19 pandemic
· 2021 is a transition year, IFC is expected to pick up in the second half of the year
· Construction of six regional projects in Peru consider as "Investment" for future recurring revenues
· Operations services of the networks under the agreement and additional services are profitable and included under Fixed Networks
· Four regions ended construction and are in operation phase. The last two regions expected to enter operation in 2022

Q1 2021 PROFIT AND LOSS HIGHLIGHTS

US\$ MILLIONS

	Q1/21	Q4/20	Q3/20	02/20	01/20
Revenue	44.7	42.6	37.3	38.3	47.7
Gross Margin	28%	31%	25%	25%	19%
Operating Expenses / (Income)1	16.0	(49.4)	20.3	13.0	19.7
Operating Income/ (Loss) 1	(3.7)	62.7	(10.9)	(3.5)	(10.8)
Net Income / (Loss) 1	(5.1)	62.4	(11.6)	(4.2)	(11.8)
Adj. EDITDA	(1.4)	1.1	0.6	0.1	(5.0)
Operating Expenses	16.2	15.0	11.4	12.2	16.5
Operating Income/ (Loss)	(3.8)	(1.6)	(1.9)	(2.6)	(7.6)
Net Income / (Loss)	(5.2)	(1.9)	(2.6)	(3.3)	(8.6)

1) GAAP excluding CMTL settlement – OPEX Q4/20 \$12.1M; Operating loss Q4/20 \$2.1M; 03/20 \$2.7M; Net loss Q4/20 \$2.3M, Q3/20 \$3.4M

BALANCE SHEET HIGHLIGHTS

US\$ MILLIONS

	Q1/21	Q4/20	03/20	02/20	Q1/20
Cash, cash equivalents & restricted cash	75.6	116	77.2	85.3	92.6
10801	77	76	84	79	79
Debt	0.0	4.0	4.0	4.0	4.0
Cash from (used in) operations2	0.3	60.4	(7.1)	(6.6)	(3.6)
Equity	228.1	233.8	225.3	236.9	239.7