[[TAKEAWAYS]] - Comtech is offloading its satellite and space (S&S) segment, suggesting a sharper strategic focus on its core telecom infrastructure business. - Gilat’s $157.5M cash outlay signals confidence in the satellite connectivity market, despite the broader risk-off mood reflected in crypto’s “Extreme Fear” reading. - For retail investors, this deal highlights how legacy telecom players are reshuffling assets to stay competitive, while satellite specialists double down on growth. - The timing aligns with ongoing consolidation in the communications sector – a trend that may accelerate if global economic uncertainty persists.