Ceragon Networks Ltd. announced the finalization of several new deals serving the energy industry across multiple regions during First Quarter 2024. The cumulative deal value is worth nearly USD 10 million, the highest-ever quarterly booking for this sector. These strategic energy deals underscore Ceragon's pivotal role in accelerating digital transformation within the energy industry, enabled by advanced connectivity solutions.

FPSO Connectivity: Notably, Ceragon will execute a network upgrade for a major player within the Oil and Gas sector, deploying its PointLink technology across multiple Floating Production Storage and Offloading (FPSO) units. This modernization initiative is intended to optimize the client's operational framework by significantly elevating data transmission speeds and reliability, thus enhancing operational agility at reduced costs. Natural Gas Pipeline Connectivity: In another significant transaction, Ceragon booked a multimillion-dollar deal with a new customer for a key component of national energy infrastructure ?

a Natural Gas Pipeline extending over 1,600 kilometers. This network enhancement project is vital for enabling sophisticated remote monitoring and control, which is essential for maintaining operational excellence in handling this critical infrastructure. Fleet of Vessels: Ceragon will be providing stabilized offshore connectivity for a fleet of vessels transporting minerals from shallow water ports to deep water vessels 40km from shore.

Leveraging Ceragon's remarkably reliable stabilized PointLink solution will ensure high-capacity low-latency connectivity even in the harshest maritime environments.