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.
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