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SATX

Satixfy Communications Ltd.

https://www.satixfy.com

Industry

Communication Equipment

SatixFy Communications Ltd. develops end-to-end next-generation satellite communications systems. The company offers satellite payloads, user terminals, and modems. Its products include modems that feature software defined radio; fully electronically steered multi beam antennas; and very small aperture terminals and multi-beam fully electronically steered antenna arrays for various mobile applications and services. The company was founded in 2012 and is headquartered in Rehovot, Israel.

Open

1.10

Mkt cap

101M

Volume

191K

High

1.19

P/E Ratio

-29.75

52-wk high

1.26

Low

1.06

Div yield

N/A

52-wk low

0.30

Several information technology stocks experienced significant price movements in Wednesday's after-market session. Rimini Street, Celestica, and MaxLinear saw notable gains following their Q3 earnings releases, while Saverone 2014 and IBM experienced declines.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 8:31 pm

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.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:04 pm

SatixFy Communications' shares rose following a $9 million software development and license agreement with MDA Space to enhance digital payload systems for LEO satellite constellations.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 4:31 pm

On Tuesday, several information technology stocks experienced significant intraday movements. Phunware (PHUN) saw a notable increase of 50.2%, while DatChat (DATS), Sobr Safe (SOBR), Arqit Quantum (ARQQ), SatixFy Communications (SATX), and Trident Digital Tech (TDTH) also posted gains. Conversely, Zapata Computing Holdings (ZPTA), SmartKem (SMTK), Firefly Neuroscience (AIFF), Mercurity Fintech Holding (MFH), Lightwave Logic (LWLG), and Gryphon Digital Mining (GRYP) experienced declines.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:30 pm

SatixFy has entered into a $9 million agreement with MDA Space to develop software for digital payload systems in LEO satellite constellations. The deal includes $6 million for software delivery and $3 million for future licensing, with an additional $4 million option for data plane access.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:45 pm

The article reports on the after-market movements of several information technology stocks. Notable gainers include Alpine 4 Holdings, Alarum Technologies, AEye, ACM Research, DatChat, and Bridgeline Digital. On the losing side, SPI Energy, ClearOne, Saiheat, Smith Micro Software, SatixFy Communications, and Porch Group saw declines.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 8:30 pm

SatixFy reported a significant improvement in its financial performance for the first half of the year. The company's earnings per share (EPS) improved from $(0.57) to $(0.25) year-over-year, and its revenue increased from $5.7 million to $6.1 million.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 1:17 pm

The article highlights the pre-market movements of 12 information technology stocks on Thursday. Notable gainers include SMX, Nano Dimension, LeddarTech Holdings, Inuvo, Research Frontiers, and Presto Automation. On the losing side, SatixFy Communications, TROOPS, American Software, WidePoint, QXO, and Sequans Communications saw declines.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

SatixFy Communications Ltd. (NYSE: SATX) has secured a significant order worth over $20 million for its Prime2 Space-Grade Digital Beam Former Chips, to be delivered over the next five quarters. This follows a previous $4 million order from September 2023.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:12 pm

SatixFy Communications has filed with the SEC for a stock shelf offering of up to $100 million.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 8:17 pm

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