SatixFy Signs $5M In New Agreements, $5M Prepayment Associated With Existing Contract With MDA Space For Total Of $10M
Portfolio Pulse from Benzinga Newsdesk
SatixFy has signed new agreements worth $5 million and received a $5 million prepayment related to an existing contract with MDA Space, totaling $10 million in new business.

October 23, 2024 | 1:04 pm
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POSITIVE IMPACT
SatixFy has secured $10 million in new business, including $5 million in new agreements and a $5 million prepayment from MDA Space. This development could positively impact SatixFy's revenue and business growth.
The $10 million in new business, including a significant prepayment, indicates strong demand and financial inflow for SatixFy. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100