NASDAQ:EDNC

SatixFy Completes Business Combination with Endurance Acquisition Corp.

Retrieved on: 
Thursday, October 27, 2022

SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has completed its previously-announced business combination with Endurance Acquisition Corp. ("Endurance") following the approval of the business combination by Endurances stockholders on October 25, 2022 and satisfaction of customary closing conditions.

Key Points: 
  • SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has completed its previously-announced business combination with Endurance Acquisition Corp. ("Endurance") following the approval of the business combination by Endurances stockholders on October 25, 2022 and satisfaction of customary closing conditions.
  • Following the business combination, David Ripstein will continue in his role as SatixFys CEO, Yoav Leibovitch will serve as Executive Chairman, and Endurances CEO Richard Davis will join SatixFys Board of Directors.
  • We are confident that this will drive growth for SatixFy, and create significant value and transparency for our existing and new customers.
  • However, while SatixFy may elect to update these forward-looking statements at some point in the future, SatixFy specifically disclaims any obligation to do so.

SatixFy Poised to Enable Direct-to-Cell 5G Non-Terrestrial Networks

Retrieved on: 
Tuesday, September 13, 2022

In July, Thales, Ericsson and Qualcomm announced a partnership to develop 5G non-terrestrial networks using low-Earth orbit (LEO) satellites.

Key Points: 
  • In July, Thales, Ericsson and Qualcomm announced a partnership to develop 5G non-terrestrial networks using low-Earth orbit (LEO) satellites.
  • On June 28, 2022, SatixFy played a key role in demonstrating a high-speed, low-latency link with a LEO satellite constellation incorporating 5G .
  • That demonstration showcased the validity of the integration of space and ground networks using 5G links, and direct-to-cell is one of the applications that could utilize this technology in the future.
  • We expect to play a key role in enabling the 5G satellite technologies of the future and expect this will become another strong market segment for SatixFy over time.

SatixFy Introduces Compact Aero Terminal Providing In-flight Connectivity at High Speeds

Retrieved on: 
Monday, July 18, 2022

The terminal uses the companys latest multi-beam ESMA and SDR technology to connect to both LEO and GEO Ku-band satellite constellations simultaneously to provide in-flight connectivity at high data rate speeds.

Key Points: 
  • The terminal uses the companys latest multi-beam ESMA and SDR technology to connect to both LEO and GEO Ku-band satellite constellations simultaneously to provide in-flight connectivity at high data rate speeds.
  • View the full release here: https://www.businesswire.com/news/home/20220718005282/en/
    At any given time, Onyx Aero simultaneously communicates with multiple GEO/MEO/LEO satellites, providing passengers with highly reliable broadband IFC.
  • The innovative Onyx Aero all-in-one terminal consists of a patented air-breathing radome cooling system, is fully electronic and has no moving parts, providing simple installation, high reliability operation throughout flight altitude, and low maintenance.
  • The Onyx Aero integrates SatixFys next generation Sx3099 SDR modem baseband ASIC for a comprehensive terminal solution.

SatixFy Technology Enables First 5G link through a LEO constellation

Retrieved on: 
Tuesday, July 5, 2022

SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced its critical role in enabling the first ever demonstration of a high-speed, low-latency link with a LEO satellite constellation incorporating 5G ( video available here ).

Key Points: 
  • SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced its critical role in enabling the first ever demonstration of a high-speed, low-latency link with a LEO satellite constellation incorporating 5G ( video available here ).
  • The terminal can also be integrated into 5G equipment to allow end-to-end access to a LEO constellation network via a 5G signal.
  • View the full release here: https://www.businesswire.com/news/home/20220705005768/en/
    On June 28, 2022, a demonstration at the ESA/ECSAT facilities in Harwell achieved the worlds first ever 5G backhaul communications connected to a LEO satellite constellation, using a compact electronic antenna powered by SatixFy to connect to a LEO satellite constellation operated by OneWeb.
  • The new super compact user terminal will undergo further testing to unlock its full capabilities with LEO and GEO links for mobility services.

SatixFy Names David Ripstein as CEO to Lead its Next Phase of Growth

Retrieved on: 
Thursday, June 23, 2022

Mr. Ripstein will succeed Yoav Leibovitch, SatixFys Co-Founder, Chairman, Interim CEO and CFO, who will remain the companys Chairman and CFO.

Key Points: 
  • Mr. Ripstein will succeed Yoav Leibovitch, SatixFys Co-Founder, Chairman, Interim CEO and CFO, who will remain the companys Chairman and CFO.
  • Mr. Ripstein is a communications industry leader with a track record of success in executing bold scale-up and turnaround strategies.
  • Mr. Ripstein will complement SatixFys already strong existing executive team, which includes Mr. Leibovitch, President Simona Gat, and Chief Technology Officer Doron Rainish.
  • We are excited to welcome David, a proven leader with a deep understanding of the communications vertical and years of experience running a publicly-traded company, to lead SatixFy forward into its next phase of growth, said Mr. Leibovitch.

SatixFy Announces the Passing of Co-Founder, Co-Chairman and CEO Yoel Gat

Retrieved on: 
Monday, April 11, 2022

SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house developed chipsets, announced that the companys Co-Founder, Co-Chairman and CEO Yoel Gat passed away on April 8, 2022.

Key Points: 
  • SatixFy Communications Ltd. (SatixFy), a leader in next-generation satellite communication systems based on in-house developed chipsets, announced that the companys Co-Founder, Co-Chairman and CEO Yoel Gat passed away on April 8, 2022.
  • I personally have partnered with Yoel for over 30 years and will miss both his personal friendship and business partnership.
  • We will continue to follow his vision as we take SatixFy to its next stage of growth.
  • SatixFy had previously announced that its new CEO has been hired to begin on June 26, 2022, the culmination of a transition plan that began in the Fall of 2021.

SatixFy Elevates Yoav Leibovitch to Co-Chairman

Retrieved on: 
Tuesday, April 5, 2022

SatixFy Communications Ltd. (SatixFy), a leader in next- generation satellite communication systems based on in-house developed chipsets, today announced that Co-Founder and Chief Financial Officer Yoav Leibovitch has been named to the role of Co-Chairman of the Board.

Key Points: 
  • SatixFy Communications Ltd. (SatixFy), a leader in next- generation satellite communication systems based on in-house developed chipsets, today announced that Co-Founder and Chief Financial Officer Yoav Leibovitch has been named to the role of Co-Chairman of the Board.
  • His vision led to SatixFys current technology leadership position, and the depth of talent and institutional knowledge he has brought to SatixFy will serve it as SatixFy executes on its vision going forward.
  • We are very pleased with the results of our CEO search that began last year, said Mr. Leibovitch.
  • However, while SatixFy and Endurance may elect to update these forward-looking statements at some point in the future, SatixFy and Endurance specifically disclaim any obligation to do so.

SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates AMCI, EDNC, PAQC, ADTX

Retrieved on: 
Tuesday, March 15, 2022

If you are a Aditxt shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Aditxt shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Moore Kuehn Encourages MNDT, AMCI, EDNC, and VEC Investors to Contact Law Firm

Retrieved on: 
Friday, March 11, 2022

Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:

Key Points: 
  • Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
    Mandiant has agreed to merge with Google.
  • The investigation concernswhether Mandiants board of directors oversaw an unfair process and ultimately agreed to an inadequate price.
  • Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq.
  • Moore Kuehn is a 5-star client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims.

SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates TMX, MNDT, AMCI, EDNC

Retrieved on: 
Thursday, March 10, 2022

If you are a Terminix shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Terminix shareholder, click here to learn more about your rights and options .
  • If you are a Mandiant shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.