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. develops next-generation satellite space and ground communication systems built around in-house-designed chipsets. Its news commonly covers operating results, engineering agreements, purchase orders, and funding tied to space-grade chips, digital beamforming technology, satellite payload software, multi-beam digital antennas, user terminals, modems, and ground gateway solutions.
Company updates also describe capital-structure matters, shareholder voting items, governance developments, risk disclosures, and product activity across direct-to-device, broadband, LEO, MEO, GEO, Ka-band, and Ku-band satellite communications applications.
SatixFy Communications (NYSE AMERICAN: SATX) will exhibit its latest innovations at the Satellite Show 2023 from March 14-16 in Washington D.C.. Attendees can see demonstrations of Onyx, SatixFy’s in-flight connectivity product, alongside other payload solutions and high-end mobility terminals. Additionally, a collaboration with Rohde & Schwarz will feature advanced satellite resource adaptation technologies. Management will be present for discussions on the company's future in satellite technology. Founded in 2012, SatixFy specializes in next-gen satellite systems based on proprietary chipsets.
SatixFy Communications Ltd. (SATX) has announced its first entry into the terrestrial 5G market by partnering with Indian telecommunications provider Astrome. This collaboration will utilize SatixFy’s PRIME 1 beamformer chip to enhance Astrome’s GigaMesh product, aimed at accelerating 5G deployment in suburban and rural areas. The 5G backhaul market is projected to reach $15.5 billion by 2026, presenting a significant growth opportunity for SatixFy. This partnership marks a strategic expansion from its traditional focus on satellite communications to the competitive terrestrial market.
SatixFy Communications Ltd. (NYSE AMERICAN: SATX) announced the appointment of Ido Gur as its new Chief Executive Officer, effective January 15th, replacing David Ripstein. Mr. Gur brings over 20 years of experience in telecommunications and technology, previously leading companies like Saguna and VocalTec. He aims to leverage SatixFy's advanced satellite communication technology to capture market opportunities. The outgoing CEO, Ripstein, expressed confidence in the new leadership and the company’s potential for growth.