Amendment: SEC Form 20-F/A filed by SatixFy Communications Ltd.
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Date | Price Target | Rating | Analyst |
---|---|---|---|
5/9/2025 | $2.10 | Buy → Neutral | Alliance Global Partners |
6-K - SatixFy Communications Ltd. (0001915403) (Filer)
6-K - SatixFy Communications Ltd. (0001915403) (Filer)
20-F/A - SatixFy Communications Ltd. (0001915403) (Filer)
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. (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that they have agreed to amend the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated April 1, 2025 among SatixFy Communications Ltd. ("SatixFy") , MDA Space Ltd. ("MDA") and certain subsidiaries, pursuant to which MDA agreed to acquire SatixFy in an all-cash transaction for US$2.10 (without interest) per ordinary share, which implied an aggregate equity value for the Com
Presents significant 92% growth in full year revenue and solid improvement across all financial metrics MDA Space announces its intention to acquire SatixFy to further enhance MDA Space's end-to-end satellite offering as demand for next generation digital constellations grows SatixFy Communications Ltd. (the "Company" or "SatixFy") (NYSE: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 ver
Vertical integration of SatixFy expected to further enhance the MDA Space end-to-end satellite offering as demand for digital constellations growsMDA Space to pay US$2.10 per SatixFy share, representing a 75% premium to SatixFy's share price on March 31, 2025BRAMPTON, 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. (NYSE:SATX), a leader in next-generation satellite communication solutions based on in-house-designed chipsets, today jointly announced that they have entered into a definitive agreement (the "Transaction Agreement") under which MDA Space will ac
SC 13G - SatixFy Communications Ltd. (0001915403) (Subject)
SC 13G/A - SatixFy Communications Ltd. (0001915403) (Subject)
SC 13G/A - SatixFy Communications Ltd. (0001915403) (Subject)
SatixFy Communications Ltd. ("SatixFy") (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that Mr. Nir Barkan has been appointed Acting Chief Executive Officer of SatixFy by the Company's Board of Directors effective June 1, 2023, replacing the current CEO, Mr. Ido Gur who is stepping down. Nir Barkan previously served as SatixFy's Chief Commercial Officer from 2014 until 2018. Prior to rejoining SatixFy, from 2018 to 2023, Mr. Barkan was a Co-Founder, Group CTO and the General Manager as well as a Director of Curvalux, a company operating in the field of sustainable fixed wireless broadband technology. Prior to
Alliance Global Partners downgraded SatixFy Communications from Buy to Neutral and set a new price target of $2.10
Vertical integration of SatixFy expected to further enhance the MDA Space end-to-end satellite offering as demand for digital constellations growsMDA Space to pay US$2.10 per SatixFy share, representing a 75% premium to SatixFy's share price on March 31, 2025BRAMPTON, 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. (NYSE:SATX), a leader in next-generation satellite communication solutions based on in-house-designed chipsets, today jointly announced that they have entered into a definitive agreement (the "Transaction Agreement") under which MDA Space will ac
Further strengthens MDA's digital satellite capability in growing LEO constellation market LONDON, Aug. 31, 2023 /PRNewswire/ - MDA Ltd. (TSX:MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced it has signed a definitive agreement to acquire SatixFy Space Systems UK Ltd. (SSS), the digital payload division of SatixFy Communications Ltd. (NYSE:SATX), and other strategic considerations. The transaction, valued at US$40 million, will help further strengthen MDA's global leadership position in the growing market for digital satellite communications solutions.