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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.
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
OTTAWA, Ontario and REHOVOT, Israel, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Telesat (NASDAQ and TSX:TSAT), one of the world's largest and most innovative satellite operators, today announced that SatixFy Communications Ltd. ("SatixFy") (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, will develop and deliver the Landing Station Baseband Units for the upcoming Telesat Lightspeed Network. Under the terms of a new agreement, SatixFy will design, develop, and supply Landing Station Baseband systems to Telesat, with deliveries taking place over a 28-month period. These systems will enable high-speed and efficient communication between
SatixFy Communications Ltd. ("SatixFy") (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has signed new agreements in aggregate valued at $5 million, alongside an immediate prepayment of a previously announced $5 million associated with an amendment to an existing contract with MDA Space Ltd. ("MDA Space") (TSX:MDA), a provider of advanced technology and services to the rapidly expanding global space industry. Agreements signed further the significant collaboration between the two companies initiated in October 2023. Under an amendment to the original Master Purchase Agreement (the "MPA Amendment"), signe
Agreement signed to support MDA Space's Digital Payload systems and roadmap SatixFy Communications Ltd. ("SatixFy") (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has signed a software development and license agreement with MDA Space Ltd. ("MDA Space") (TSX:MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry. Under the agreement, SatixFy will provide the modem and beamforming software for the SatixFy chipsets to be used in digital satellite broadband Low Earth Orbit Constellation ("LEO") payloads. It will also provide SatixFy's software licenses a
6-K - SatixFy Communications Ltd. (0001915403) (Filer)
6-K - SatixFy Communications Ltd. (0001915403) (Filer)
6-K - SatixFy Communications Ltd. (0001915403) (Filer)
Gainers SMX (Security Matters) (NASDAQ:SMX) shares rose 23.6% to $0.14 during Thursday's pre-market session. The company's market cap stands at $5.7 million. Nano Dimension (NASDAQ:NNDM) shares moved upwards by 10.64% to $2.39. The company's market cap stands at $523.9 million. LeddarTech Holdings (NASDAQ:LDTC) shares moved upwards by 7.36% to $1.02. The company's market cap stands at $30.0 million. Inuvo (AMEX:INUV) shares increased by 7.01% to $0.27. The company's market cap stands at $37.8 million. Research Frontiers (NASDAQ:REFR) shares rose 6.52% to $1.96. The market value of their outstanding shares is at $65.6 million. Presto Automation (NASDAQ:PRST) stock rose 6.28% to $0.08. T
SatixFy Communications Ltd. ("SatixFy") (NYSE:SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced it has secured a significant order from an undisclosed customer. Under the terms of the order, SatixFy will be supplying Prime2 Space-Grade chips and software over the coming five quarters in exchange for payment from the customer to SatixFy of more than $20 million.This is a follow up order to an earlier $4 million order from September 2023.
- SEC Filing
SC 13G - SatixFy Communications Ltd. (0001915403) (Subject)
SC 13G/A - SatixFy Communications Ltd. (0001915403) (Subject)
SC 13G/A - SatixFy Communications Ltd. (0001915403) (Subject)