SatixFy is a satellite communication systems company that develops next-generation solutions, including multi-beam digital antennas, user terminals, and modems, based on its in-house designed chipsets. They provide advanced ASICs (Application-Specific Integrated Circuits) that improve satellite communication performance and reduce the weight and power requirements of equipment. SatixFy's technology supports LEO, MEO, and GEO satellite communications and partners with companies like MDA Space and OneWeb. Their solutions cater to various mobile applications, including in-flight connectivity and communications-on-the-move services.
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SatixFy Communications Ltd. was acquired by MDA Space in the third quarter of 2025.
Telesat pushed Lightspeed’s full global commercial service to the first quarter of 2028 because of readiness delays with custom SatixFy ASIC chips powering the onboard processors.
SatixFy, part of MDA Space, developed the ASICs used in Lightspeed's onboard processors and phased-array antennas.
The Lightspeed global service launch was delayed by three months because of the development timeline for SatixFy application-specific integrated circuits that power the satellite payloads.
MDA Space’s acquisition of SatixFy’s digital payload division increased the technical resources available to finalize the chip design for Telesat Lightspeed payloads.
The Lightspeed schedule slip is due to delays with the application-specific integrated circuit supplied by SatixFy.
MDA Space acquired SatixFy last year.
MDA Space acquired SatixFy Communications during the reported year.
SatixFy will provide the modem and beamforming software for SatixFy chipsets to be used in digital satellite broadband LEO payloads under the agreement with MDA Space.
SatixFy will provide software licenses and a development kit to support MDA Space deliveries to customers under the agreement.
SatixFy’s Very Small Aperture Terminals and multi-beam fully electronically steered antenna arrays are optimized for mobile applications using Low Earth Orbit, Medium Earth Orbit, and geostationary satellite systems.
SatixFy Communications Ltd. (NYSE American: SATX) is collaborating with SCOTTY Group Austria GmbH to deliver the company’s Onyx in-flight connectivity terminals.
MDA Space acquired the digital payload division of SatixFy Communications Ltd.
SatixFy Communications develops next-generation satellite communication systems based on in-house-developed chipsets.
MDA acquired the digital payload group from Satixfy in England to expand its digital satellite engineering capability.
NYSE American gave SatixFy until 2024-12-30 to submit a plan for meeting conditions for trading on the platform by 2025-05-30.
SatixFy forecast $40,000,000 in revenue for 2022 and $86,000,000 in revenue for 2023 in a March 2022 investor presentation.
SatixFy recorded $10,600,000 in revenue for 2022 after supply-chain issues delayed and canceled customer orders.
SatixFy reported a net loss of $28,100,000 for the nine months ending 2023-09-30, compared with a $16,800,000 net loss for the same period in 2022, mainly because of higher research and development costs.
SatixFy was listed on the NYSE American in October 2022 after merging with the SPAC Endurance Acquisition Corp.