Comtech is now asking the Delaware court to declare that it is not obliged to complete the merger with Gilat.
Eli Rosenberg, son of US businessman Naftali (Ken) Rozenberg, is in talks with El Al parent company Knafaim.
In its suit to the Delaware court Comtech said: "Comtech is assessing whether the precipitous decline in Gilat’s business since January 29, 2020 gives rise to a Material Adverse Effect."
VayaVision applies AI and computer vision algorithms to raw data fused from radar, lidar and camera to build an accurate 3D environmental model.
El Al bidder revealed