SatixFy Communications

SATX

Market cap $256M

REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Shareholders Overwhelmingly Approve Proposed Acquisition by MDA Space.

SatixFy Communications Ltd. (SATX) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.13.

REHOVOT, Israel--(BUSINESS WIRE)--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. Financial Highlights for the First Quarter of 2025 Total revenues for the first quarter of 2025 were $4.9 million, an increase of 158% compared to $1.9 million for the first quarter of 2024.

BRAMPTON, ON , May 20, 2025 /PRNewswire/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, and SatixFy Communications Ltd.

REHOVOT, Israel--(BUSINESS WIRE)--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. Management Commentary Nir Barkan, Chief Executive Officer of SatixFy, commented, “We are very pleased with the strong end to 2024.

Vertical integration of SatixFy expected to further enhance the MDA Space end-to-end satellite offering as demand for digital constellations grows MDA Space to pay US$2.10 per SatixFy share, representing a 75% premium to SatixFy's share price on March 31, 2025 BRAMPTON, ON and REHOVOT, Israel, April 1, 2025 /PRNewswire/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, and SatixFy Communications Ltd.

REHOVOT, Israel--(BUSINESS WIRE)--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 w.

REHOVOT, Israel--(BUSINESS WIRE)--SatixFy to Showcase its Leading Space and Ground SatCOM Solutions at Satellite Show 2025.

REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), today announced that it has regained compliance with the continued listing standards of the NYSE American LLC (“NYSE American”). On December 16, 2024, SatixFy received written notice from the NYSE American confirming that the Company has resolved the continued listing deficiencies previously referenced in NYSE American's letter, dated November 30, 2023 and set forth in Sections 1003.

REHOVOT, Israel--(BUSINESS WIRE)--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 nine month period ended September 30, 2024 and provided recent operational and business updates. Management Commentary Nir Barkan, Chief Executive Officer of SatixFy, commented, “We are very pleased with the strong moment.