Welcome to our dedicated page for SATIXFY COMMUNICATIONS news (Ticker: SATX), a resource for investors and traders seeking the latest updates and insights on SATIXFY COMMUNICATIONS stock.
SatixFy Communications Ltd. (formerly listed on NYSE American as SATX) has generated frequent news coverage related to its satellite communications technology, commercial agreements and corporate transactions. Company press releases describe SatixFy as a developer of end-to-end next-generation satellite space and ground communications systems based on in-house-designed chipsets, including space-grade ASICs, multi-beam digital antennas, user terminals and modems.
News items for SATX have included earnings announcements detailing revenue from development services, preproduction and product sales, as well as updates on research and development spending and financing. SatixFy has reported multi-year growth in revenues, shifts in its revenue mix toward space-grade chips, and changes in operating loss and net loss, along with balance sheet information such as cash and debt levels. These releases provide context on the company’s financial performance prior to its acquisition.
Another major category of news involves commercial contracts and collaborations. SatixFy has announced agreements with partners such as MDA Space and Telesat, including purchase orders for engineering models and space-grade chips, authorizations to proceed with engineering work, and contracts to develop landing station baseband units for satellite networks. The company has also reported funding awards, such as a grant from the UK Space Agency’s C-LEO program to support development of regenerative and digital beamforming software for satellite payloads.
Corporate and regulatory developments have been a further focus of SATX news. In December 2024, SatixFy announced that it had regained compliance with NYSE American continued listing standards. In April 2025, SatixFy and MDA Space disclosed a definitive agreement for MDA Space to acquire SatixFy in an all-cash transaction, followed by an amended merger agreement increasing the merger consideration and a shareholder vote approving the deal. A July 2, 2025 Form 6-K then confirmed the closing of the merger and the delisting of SatixFy’s ordinary shares from NYSE American.
Investors and analysts reviewing the SATX news feed can examine this sequence of earnings reports, contract announcements, regulatory updates and merger-related disclosures to understand SatixFy’s historical trajectory in satellite communications and the steps that led to its integration into MDA Space. This page serves as an archive of those developments for users researching the former SATX listing.
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SatixFy Communications Ltd. (NYSE AMERICAN: SATX) has formed a strategic partnership with Presto Engineering to enhance its satellite communication systems. This collaboration aims to develop high-quality, radiation-hardened ASICs for space applications. Presto Engineering will assist in testing and qualifying these ASICs, ensuring their reliability in challenging space environments. Key products include the Sx4000, a Software Defined Radio ASIC, and PRIME2, designed for advanced antenna systems. CEO Charlie Bloomfield emphasized the significance of this partnership in achieving next-generation satellite communications. The combined expertise of both companies is expected to accelerate the development and deployment of innovative technologies in the SATCOM sector.
SatixFy Communications Ltd. (NYSE AMERICAN: SATX) has successfully completed a demonstration of its new antenna technology under the Defense Experimentation Using Commercial Space Internet (DEUCSI) initiative, in collaboration with OneWeb Technologies and the Air Force Research Lab. This initiative aims to enhance military operations through advanced satellite communication capabilities. The antenna is designed to deliver resilient, high-speed, and low-latency services for the United States Department of Defense. CEO Ido Gur expressed pride in being selected for this significant project, highlighting the importance of this partnership.
SatixFy (NYSE AMERICAN: SATX) announces a purchase agreement with ReOrbit for a communication subsystem to enhance ReOrbit's Gluon platform. This software-defined satellite platform supports various payloads, leveraging SatixFy’s advanced radios for high data rate communication. The regenerative On-Board-Processor is designed to be modular and scalable, aimed at Earth Observation and Telecommunication missions. The partnership highlights a key collaboration in the satellite communications sector, focusing on efficient data delivery and innovative technology solutions for customers.
SatixFy Communications Ltd. (NYSE AMERICAN: SATX) has partnered with Kythera Space Solutions to enhance payload solutions for Low Earth Orbit (LEO) constellations. This collaboration combines SatixFy’s SX-4000 processor with Kythera’s KOS software, aiming to optimize satellite operations and reduce costs. The integrated solution will streamline development processes, cut down on operational complexities, and improve profitability for customers managing LEO constellations. Both companies aim to deliver a comprehensive SATCOM network management solution, addressing the rising demand for efficient satellite network management.
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