SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, has released its consolidated financial results as of and for the quarter ended March 31, 2025.
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SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, has released its consolidated financial results as of and for full year period ended December 31, 2024, and provided recent operational and business updates.
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SatixFy Communications shares surged after MDA Space unveiled a $193 million all-cash acquisition. The deal, offering $2.10 per share, enhances MDA's satellite communications technology with SatixFy's patented innovations.
SatixFy Communications Ltd. (“SatixFy” or the “Company”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-designed chipsets, today announced the receipt of a purchase order from MDA Space Ltd. (TSE:MDA) (“MDA Space”) of approximately $6.7 million for engineering models and space-grade chips, alongside signing an amended Authorization to Proceed (“ATP”) agreement for an additional $3.5 million for engineering work and an amendment to the existing master purchase agreement between SatixFy and MDA Space.
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SatixFy Communications Ltd. (“SatixFy” or the “Company”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-designed chipsets, today announced that it has secured funding of £1.8 million (approximately $2.3 million) from the UK Space Agency under its C-LEO program, for the development of an advanced software suite for digital satellite payloads.
SatixFy Communications Ltd. (“SatixFy”, or the “Company”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems powered by in-house developed chipsets, today announced its participation in Satellite Show 2025, taking place at the Walter E. Washington Convention Center in Washington, D.C., from March 11 to 13, 2025.
