SatixFy Announces Nine-Month 2024 Results
SatixFy Communications Ltd. (SATX)
Company Research
Source: Business Wire
Expects full year 2024 revenues of between $17-$19 million REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: 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 the nine month period ended September 30, 2024 and provided recent operational and business updates.Management CommentaryNir Barkan, Chief Executive Officer of SatixFy, commented, “We are very pleased with the strong momentum we have shown in the third quarter, which has continued into the current quarter. Our recent progress has been marked by key agreements that highlight growing traction for our chipsets and strong market demand for our satellite communication solutions. Most importantly, in November 2024, we signed a milestone $39 million contract with Telesat to develop Landing Station Baseband Units for Telesat’s Lightspeed Network, solidifying our
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SATX
News
- SatixFy Regains Compliance with NYSE American Continued Listing StandardsBusiness Wire
- Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed NetworkPR Newswire
- SatixFy Signs Agreements Worth $10 Million, Including $5 Million in New Agreements and a $5 Million Prepayment Associated With an Existing Contract With MDA SpaceBusiness Wire
- SatixFy Signs $9 Million Software Development and License Agreement with MDA Space for Satellite PayloadsBusiness Wire
SATX
Analyst Actions
- 12/5/24 - NORTHLAND
SATX
Sec Filings
- 12/18/24 - Form 6-K
- 12/9/24 - Form 6-K
- 11/6/24 - Form 144
- SATX's page on the SEC website