SatixFy

Disruptive satellite communication technology from chip to product

General Information
Company Name
SatixFy
Founded Year
2012
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
132
Industries
Information Technology, Semiconductor, Telecom
Funding Stage
Post Ipo Equity
Social Media

SatixFy - Company Profile

SatixFy, with the slogan "Disruptive satellite communication technology from chip to product," is a groundbreaking provider of Satellite and Quasi-Satellite communication technology that received a $104.00M Post-IPO Equity investment at 28 October 2022. The company, founded in 2012 and based in Israel, aims to significantly reduce the cost, size, weight, and power while enhancing the performance of User-Terminals, Payloads, and Gateway equipment. Their innovative technology also decreases the operational expenses of satellite capacity, targeting untapped markets such as unconnected individuals, private network IoT devices in rural areas, and drone communications. SatixFy achieves its goals through the utilization of unique internally developed patent pending algorithms and Intellectual Property embedded into the company's products. Their SoCs and products have enabled a substantial reduction in terminal costs and increased capacity utilization from the payload platforms. The incorporation of low power architecture allows for the operation of battery-operated IoT devices and payload solutions, expanding the size of the markets. The company has achieved significant milestones by commencing shipments of its first SoC, SX-3000B, the core of user-terminals, to leading VSAT providers, and delivering its initial drone payloads to defense customers. With investments from Sensegain Capital LLC, CF Principal Investments, and Antarctica Capital, SatixFy is well-positioned to revolutionize the satellite communication industry. For more information, visit www.satixfy.com.

Taxonomy: satellite communication, IoT devices, rural connectivity, drone communications, user-terminals, payload solutions, VSAT providers, SoC technology, communication technology, Quasi-Satellite technology, OPEX reduction, connectivity solutions, defense customers, innovative algorithms, patent pending technology

Funding Rounds & Investors of SatixFy (3)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $104.00M 3 CF Principal Investments, Antarctica Capital 28 Oct 2022
Series B Unknown 1 11 Jun 2017
Venture Round $25.00M 1 01 Nov 2016

Latest News of SatixFy

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No recent news or press coverage available for SatixFy.

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