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’s high-end satcom terminals are optimized for land-mobile applications and communications on-the-move and can receive and transmit simultaneously multiple satellite beams on GEO, MEO, and LEO orbits.
SatixFy’s high-end satcom terminals are optimized for land-mobile applications and communications on-the-move and can receive and transmit multiple satellite beams on GEO, MEO, and LEO orbits.
Satixfy shares rose more than 40% to $29.39 after their first day of trading on the New York Stock Exchange on 2022-10-28 and fell just over 66% to close at $9.97 on 2022-11-09.
SatixFy Communications Ltd. completed a business combination with Endurance Acquisition Corp. following Endurance stockholders' approval on 2022-10-25 and satisfaction of customary closing conditions.
Endurance Acquisition Corp. and SatixFy entered an OTC Prepaid Forward Purchase Agreement on 2022-10-24 that calls for purchase and resale of up to 10 million Class A shares subject to the agreement's terms and conditions.
SatixFy forecasted revenues to grow from $22,000,000 in 2021 to $374,000,000 in 2026.
Telesat plans to use SatixFy modems for the landing station antennas needed to connect to its proposed LEO network.
SatixFy’s shares closed on 2022-10-28 at $29.39, up from a $20.92 opening price that day.
SatixFy expects to raise up to $230,000,000 in gross proceeds from its merger with Endurance Acquisition Corp.
Yoel Gat, SatixFy’s co-founder and former CEO, died from cancer a month after announcing the SPAC merger in March 2022.
Endurance Acquisition Corp plans to merge with Israeli satcom equipment maker SatixFy 2022.
SatixFy offers a COTM antenna for defense customers based on a similar platform that is designed to be installed on any ground-moving vehicle.
Simona Gat, SatixFy’s President and UK CEO, supports Onyx Aero as an opportunity to improve the in-flight experience and to provide the level of connectivity the aviation industry is seeking based on SatixFy’s in-house capabilities.
SatixFy’s COTM antenna can operate using GEO, LEO, and MEO satellites.
Onyx Aero uses SatixFy’s multi-beam ESMA and software-defined radio technology to connect to LEO and GEO Ku-band satellite constellations simultaneously.
The ESA 0.005 kg/0.006 kg Hub at the ESA/ECSAT Harwell site was connected through OneWeb satellites using a super-flat advanced antenna made by SatixFy UK for mobility services.
The SatixFy user terminal antenna performed multiple satellite and beam handovers and frequency hopping over the OneWeb LEO network at 1,200 km while maintaining a simultaneous and continuous link with a GEO satellite at an altitude of 36,0 m.
OneWeb and SatixFy are developing a hybrid, multi-beam, multi-constellation solution to enable mobility customers such as airlines, train operators, and coach companies to leverage the OneWeb LEO network, terrestrial 0.005 kg, and legacy GEO satellite networks.
SatixFy partnered with OneWeb under the ESA Sunrise Partnership Project with support from the UK Space Agency to develop a compact electronically steered multi-beam array suitable for mobility services over both LEO and GEO satellites simultaneously.
The SatixFy compact electronically steered multi-beam array can be integrated into 0.005 kg equipment to allow end-to-end access to a LEO constellation network via a 0.005 kg signal.