Satixfy Communications Ltd. (SATX)
Market Cap | 251.86M |
Revenue (ttm) | 23.65M |
Net Income (ttm) | -44.65M |
Shares Out | 86.85M |
EPS (ttm) | -0.53 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 236,716 |
Open | 2.900 |
Previous Close | 2.890 |
Day's Range | 2.890 - 2.910 |
52-Week Range | 0.580 - 2.970 |
Beta | 0.73 |
Analysts | Strong Buy |
Price Target | 2.25 (-22.41%) |
Earnings Date | May 22, 2025 |
About SATX
Satixfy Communications Ltd. engages in the provision of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit chips; modem and antenna chips, such as PRIME and BEAT antenna chips, which enable multi-beamforming and beam-hopping for satellite payloads and user terminals; and SX-4000 satellite payload chips, that enables digital on-board processing, beam- hopping, and enhanced connectivity needs, including positioning, navigation, and timing... [Read more]
Financial Performance
In 2024, Satixfy Communications's revenue was $20.65 million, an increase of 92.43% compared to the previous year's $10.73 million. Losses were -$45.67 million, 53.7% more than in 2023.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SATX stock is "Strong Buy." The 12-month stock price forecast is $2.25, which is a decrease of -22.41% from the latest price.
News

SatixFy Shareholders Overwhelmingly Approve Proposed Acquisition by MDA Space
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Shareholders Overwhelmingly Approve Proposed Acquisition by MDA Space.

SatixFy Announces First Quarter 2025 Results
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-develope...

MDA Space and SatixFy Announce Amended Merger Agreement for Increased Consideration and Postponement of Shareholder Meeting
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.

SatixFy Announces Full Year 2024 Results
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-develope...

MDA SPACE TO ACQUIRE SATIXFY COMMUNICATIONS
Vertical integration of SatixFy expected to further enhance the MDA Space end-to-end satellite offering as demand for digital constellations grows MDA Space to pay US$2.10 per SatixFy share, represent...

SatixFy Signs over $10 Million in Further Agreements with MDA Space
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy” or the “Company”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-designed...

SatixFy to Showcase its Leading Space and Ground SatCOM Solutions at Satellite Show 2025
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy to Showcase its Leading Space and Ground SatCOM Solutions at Satellite Show 2025.

SatixFy Regains Compliance with NYSE American Continued Listing Standards
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), today announced that it has regained compliance with the continued listing standards o...

SatixFy Announces Nine-Month 2024 Results
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-develope...

Telesat Signs US$39 Million Contract with SatixFy to Develop and Deliver Landing Station Baseband Units for Telesat Lightspeed Network
OTTAWA, ON and REHOVOT, Israel , Nov. 4, 2024 /PRNewswire/ -- Telesat (NASDAQ and TSX: TSAT), one of the world's largest and most innovative satellite operators, today announced that SatixFy Communica...

SatixFy Signs Agreements Worth $10 Million, Including $5 Million in New Agreements and a $5 Million Prepayment Associated With an Existing Contract With MDA Space
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today...

SatixFy Signs $9 Million Software Development and License Agreement with MDA Space for Satellite Payloads
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today...

SatixFy Announces First Half 2024 Results
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-develope...

SatixFy to Participate in the H.C. Wainwright 26th Annual Global Investment Conference from September 9-13, 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, annou...

SatixFy Announces a Landmark Order for its Prime2 Space Grade Digital Beam Former Chips of More Than $20 Million
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today...

SatixFy's CEO to Present at Maxim Group's Virtual TMT Investor Conference on June 5, 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today...

SatixFy Announces First Quarter 2024 Results
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a pioneering force in next-generation satellite communication systems driven by in-hou...

SatixFy and SCOTTY Group Partner to Supply In-Flight Connectivity Terminals
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, annou...

SatixFy Announces Full Year 2023 Results
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), a pioneering force in next-generation satellite communication systems driven by in-hou...

SatixFy's Space Chips Advance into Customer Testing Stage
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today...

SatixFy to Showcase its Cutting-Edge Space-to-Ground SatCOM Solutions at Satellite Show 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”, or the “Company”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house develop...

SatixFy to Participate at the 36th Annual ROTH Conference on March 18, 2024
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, will ...

The NYSE American Accepts SatixFy's Plan to Regain Compliance with Listing Standards
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-develope...

SatixFy to Participate at the 26th Annual Needham Growth Conference
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, annou...

SatixFy Receives NYSE American Notice of Non-compliance with Continued Listing Standards
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), announced today that on November 30, 2023 the Company received written notice from the...