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SatixFy Communications Stock Forum
SatixFy Signs Agreements Worth $10 Million, Including $5 Million in New Agreements and a $5 Million Prepayment Associated With an Existing Contract With MDA Space
SatixFy Communications (NYSE American: SATX) has announced new agreements worth $10 million, comprising $5 million in new deals and a $5 million prepayment from an existing contract with MDA Space. The arrangement includes a $3 million addition to the original Master Purchase Agreement from Octob...
SatixFy Signs $9 Million Software Development and License Agreement with MDA Space for Satellite Payloads
SatixFy Communications (NYSE American: SATX) has signed a $9 million software development and license agreement with MDA Space (TSX: MDA) for satellite payloads. The contract includes:
$6 million for software solution delivery with a license for an existing MDA Space customer
$3 million for a license to support future customers
An option for MDA Space t...
•Total revenues for the first half of 2024 were $6.1 million, an increase of 7% compared to $5.7 million in the first half of 2023. The majority of revenues were product sales, driven by commencement of shipment of engineering sample of space-grade ASICs. The decrease in revenues from development services and preproduction provided to customers was primarily due to the completion of various develop...
Satixfy Announces a Landmark Order for Its Prime2 Space Grade Digital Beam Former Chips of More Than $20 Million
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