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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.

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In Thursday's pre-market session, several Information Technology stocks showed significant movement. CCSC Technology, MicroCloud Hologram, WeTrade Group, Confluent, MicroAlgo, and ARM Holdings experienced notable gains, with increases ranging from 20.55% to 108.5%. On the downside, Dynatrace, Digital Turbine, Peraso, MariaDB, SatixFy Communications, and Qualys saw declines between 10.15% and 14.8%. Earnings releases were a common factor influencing these movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 1:05 pm

SatixFy Communications Ltd. (SATX), a leader in satellite communication systems, has received approval from the NYSE American for its compliance plan to meet listing standards. The plan, accepted on February 6, 2024, aims for completion by May 30, 2025, and is based on expected business and technological advancements, including new customers and orders. This follows a previous notice of non-compliance from the NYSE American on November 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 1:05 pm

In Monday's after-market session, several Information Technology stocks showed significant movement. Notably, Auddia, Bit Origin, Palantir Technologies, Presto Automation, SatixFy Communications, and Varonis Systems experienced gains, with Palantir and Varonis releasing their Q4 earnings. Conversely, Fabrinet, Rambus, Amkor Tech, CXApp, Sobr Safe, and Inseego saw declines, with Fabrinet, Rambus, and Amkor Tech also releasing their earnings reports.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 9:31 pm

In Monday's pre-market session, several information technology stocks showed significant movement. Mobix Labs, Phunware, FOXO Technologies, Castellum, EMCORE, and Verint Systems were among the gainers, with Mobix Labs leading with a 19.5% increase. On the other hand, Powerbridge Technologies, Nvni Group, Signing Day Sports, SatixFy Communications, Argo Blockchain, and Presto Automation experienced declines, with Powerbridge Technologies dropping by 12.5%. The movements were reflected in the changes in stock prices and market capitalizations for these companies.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 1:05 pm

SatixFy Communications reported a 31% year-over-year increase in revenues, totaling $8.9 million for the nine months ended September 30, 2023. Gross profit reached $4.5 million, representing a gross margin of 50.8% and a 21% increase from the previous year's $3.7 million.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:09 pm

The NYSE American has initiated delisting proceedings for the warrants of SatixFy Communications Ltd. according to an SEC filing. This action will likely affect the trading of SatixFy's warrants on the exchange.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:20 pm

The Israeli shekel is stabilizing after the Bank of Israel intervened with a $30 billion sale of foreign currency. This is the bank's first intervention in two years, aimed at preventing further devaluation of the shekel due to the ongoing conflict with Hamas. Israeli stocks are also recovering after a significant drop on Monday. ETFs linked to Israel, including ARK Israel Innovative Technology ETF (IZRL), iShares MSCI Israel ETF (EIS), and BlueStar Israel Technology ETF (ITEQ), have shown gains. Other notable gainers include Satixfy Communications (SATX), Nano-X Imaging (NNOX), LivePerson (LPSN), Innoviz Technologies (INVZ), Fiverr International (FVRR), and SolarEdge Technologies (SEDG).

Portfolio Pulse from Piero Cingari

October 10, 2023 | 3:54 pm

Several information technology stocks experienced significant movement in Tuesday's after-market session. Notable gainers included Peraso (PRSO), Auddia (AUUD), Oblong (OBLG), SatixFy Communications (SATX), Movella Holdings (MVLA), and Aeva Technologies (AEVA). On the other hand, A10 Networks (ATEN), MicroAlgo (MLGO), Mawson Infra Gr (MIGI), Datasea (DTSS), Data Storage (DTST), and GSE Systems (GVP) saw their stock prices decrease.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 9:31 pm

In Monday's pre-market session, several information technology stocks saw significant movement. Gainers included BTCS, Cipher Mining, Greenidge Generation Hldg, Mawson Infra Gr, SatixFy Communications, and EMCORE. Losers included Borqs Technologies, Glimpse Group, MariaDB, MMTEC, MicroAlgo, and Nano Labs.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:05 pm

In Friday's after-market session, several IT stocks saw significant movement. MMTEC, Datasea, Stronghold Digital Mining, Greenidge Generation Hldg, Wrap Technologies, and SatixFy Communications saw gains ranging from 4.2% to 7.0%. Meanwhile, CalAmp, GSE Systems, MicroAlgo, Akerna, WeTrade Group, and Aurora Mobile experienced losses between 3.47% and 8.6%.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 9:31 pm

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