SEC Form DEFM14A filed by Endurance Acquisition Corp.

First Day of Trading on NYSE Expected to be October 28th under the Symbols SATX and SATX WSA SatixFy Communications Ltd. ("SatixFy"), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has completed its previously-announced business combination with Endurance Acquisition Corp. ("Endurance") following the approval of the business combination by Endurance's stockholders on October 25, 2022 and satisfaction of customary closing conditions. In addition, on October 24, 2022, Endurance and SatixFy entered into a previously disclosed OTC Prepaid Forward Purchase Agreement that calls for purchase and resale of up to 10 million

On June 28, 2022, SatixFy, supported by the UK Space Agency ("UKSA") and the European Space Agency ("ESA"), using the OneWeb constellation, successfully demonstrated a high-speed low-latency 5G-enabled link with a LEO satellite via its fully electronically steered multi-beam multi-orbit antenna terminal SpaceX / T-Mobile, Thales / Ericsson /Qualcomm, and Huawei are among key companies announcing direct-to-cell satellite enabled 5G services in recent weeks We believe SatixFy's proprietary chip technology is well-suited to adaptation to the expected requirements of 5G telecommunications satellites SatixFy Communications Ltd. ("SatixFy"), a leader in next-generation satellite communicat

Significant milestone achieved by SatixFy supported by the UK Space Agency (UKSA) and the European Space Agency (ESA) using the OneWeb constellation, to successfully demonstrate a high-speed low-latency 5G-enabled link with a LEO satellite The demonstration was enabled by SatixFy's compact fully electronically steered multi-beam multi-orbit antenna terminal The SatixFy terminal also demonstrated simultaneous multi-orbit communications with a LEO and GEO satellite using its multi-beam multi satellites capability The demonstration validates the integration of space and ground networks using 5G links 5G is a potential large incremental market opportunity for SatixFy technology in the

SatixFy is a vertically integrated fabless semiconductor chip company providing products based on in-house developed chips across the entire satellite communications value chain SatixFy customers include a list of significant players in the satellite telecom industry, such as Telesat, OneWeb, Airbus and others. This transaction along with a recently completed capital raise will result in up to $350 million in gross proceeds assuming no trust redemptions, including a $29 million PIPE with participation from key institutional investors including Sensegain Group and Antarctica Capital, and a Committed Equity Facility of up to $75 million from CF Principal Investments LLC, an affiliate of Can

3 - Endurance Acquisition Corp. (0001864891) (Issuer)

4 - Endurance Acquisition Corp. (0001864891) (Issuer)

4 - Endurance Acquisition Corp. (0001864891) (Issuer)

First Day of Trading on NYSE Expected to be October 28th under the Symbols SATX and SATX WSA SatixFy Communications Ltd. ("SatixFy"), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has completed its previously-announced business combination with Endurance Acquisition Corp. ("Endurance") following the approval of the business combination by Endurance's stockholders on October 25, 2022 and satisfaction of customary closing conditions. In addition, on October 24, 2022, Endurance and SatixFy entered into a previously disclosed OTC Prepaid Forward Purchase Agreement that calls for purchase and resale of up to 10 million

On June 28, 2022, SatixFy, supported by the UK Space Agency ("UKSA") and the European Space Agency ("ESA"), using the OneWeb constellation, successfully demonstrated a high-speed low-latency 5G-enabled link with a LEO satellite via its fully electronically steered multi-beam multi-orbit antenna terminal SpaceX / T-Mobile, Thales / Ericsson /Qualcomm, and Huawei are among key companies announcing direct-to-cell satellite enabled 5G services in recent weeks We believe SatixFy's proprietary chip technology is well-suited to adaptation to the expected requirements of 5G telecommunications satellites SatixFy Communications Ltd. ("SatixFy"), a leader in next-generation satellite communicat

Significant milestone achieved by SatixFy supported by the UK Space Agency (UKSA) and the European Space Agency (ESA) using the OneWeb constellation, to successfully demonstrate a high-speed low-latency 5G-enabled link with a LEO satellite The demonstration was enabled by SatixFy's compact fully electronically steered multi-beam multi-orbit antenna terminal The SatixFy terminal also demonstrated simultaneous multi-orbit communications with a LEO and GEO satellite using its multi-beam multi satellites capability The demonstration validates the integration of space and ground networks using 5G links 5G is a potential large incremental market opportunity for SatixFy technology in the

SC 13G/A - Endurance Acquisition Corp. (0001864891) (Subject)

SC 13G/A - Endurance Acquisition Corp. (0001864891) (Subject)

SC 13G/A - Endurance Acquisition Corp. (0001864891) (Subject)

15-12G - Endurance Acquisition Corp. (0001864891) (Filer)

8-K - Endurance Acquisition Corp. (0001864891) (Filer)

25-NSE - Endurance Acquisition Corp. (0001864891) (Subject)