Satixfy Communications Ltd. (SATX)

NYSEAMERICAN: SATX · Real-Time Price · USD
1.390
+0.040 (2.96%)
At close: Feb 21, 2025, 4:00 PM
1.370
-0.020 (-1.44%)
After-hours: Feb 21, 2025, 7:52 PM EST
2.96%
Market Cap 117.89M
Revenue (ttm) 10.35M
Net Income (ttm) -4.23M
Shares Out 84.81M
EPS (ttm) -0.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 265,068
Open 1.400
Previous Close 1.350
Day's Range 1.300 - 1.450
52-Week Range 0.500 - 2.390
Beta 0.71
Analysts Strong Buy
Price Target 2.25 (+61.87%)
Earnings Date Mar 4, 2025

About SATX

Satixfy Communications Ltd. engages in the development of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit 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 for LEO, MEO, and GEO ... [Read more]

Sector Technology
Founded 2012
Employees 135
Stock Exchange NYSEAMERICAN
Ticker Symbol SATX
Full Company Profile

Financial Performance

In 2023, Satixfy Communications's revenue was $10.73 million, an increase of 0.98% compared to the previous year's $10.63 million. Losses were -$29.72 million, -92.53% less than in 2022.

Financial Statements

Analyst 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 an increase of 61.87% from the latest price.

Price Target
$2.25
(61.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - PRNewsWire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

11 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

SatixFy Announces Nine Months 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...

1 year ago - Business Wire

NYSE American to Commence Delisting Proceedings with Respect to the Warrants of SatixFy Communications Ltd. (SATX WSA)

NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants, each w...

1 year ago - Business Wire

SatixFy Announces Completion of Strategic $60 Million Transaction with MDA

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...

1 year ago - Business Wire

MDA COMPLETES ACQUISITION OF SATIXFY DIGITAL PAYLOAD DIVISION

Further strengthens MDA's digital satellite capability in growing LEO constellation market BRAMPTON, ON , Oct. 31, 2023 /PRNewswire/ - MDA Ltd. (TSX: MDA), a leading provider of advanced technology an...

1 year ago - PRNewsWire

SatixFy Announces First Half 2023 Results

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...

1 year ago - Business Wire

MDA ACQUIRES DIGITAL PAYLOAD DIVISION OF SATIXFY

F urther 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 ser...

1 year ago - PRNewsWire

SatixFy Announces Strategic $60 Million Transaction including a Commercial Agreement & Subsidiary Sale with MDA

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...

1 year ago - Business Wire