The first terminal is expected to be installed
in the second half of 2024
SatixFy Communications Ltd. (“SatixFy”) (NYSE
American: SATX), a leader in next-generation satellite
communication systems based on in-house-developed chipsets,
announced a collaboration and the first order of its in-flight
connectivity (IFC) terminals, Onyx, with SCOTTY Group Austria GmbH
(“SCOTTY”), a leading manufacturer and integrator of communication
solutions, including in-flight connectivity for aircraft.
The Onyx is an all-inclusive, high-performance satellite
communications aero terminal designed for use on small to mid-sized
aircraft, delivering superior in-flight connectivity. Characterized
by its compact form factor, the Onyx features SatixFy's
cutting-edge digital beam-forming technology, along with
multi-orbit connectivity capabilities.
SCOTTY placed an initial order for SatixFy’s Onyx terminal and
associated product support. SCOTTY will integrate SatixFy's IFC
terminals into its communication solutions for aircraft that
previously lacked connectivity due to limitations of terminal
sizes, enabling high-end, reliable satellite communication for its
customers.
The first system is expected to be installed on a business
aircraft in the second half of 2024.
Nir Barkan, Acting Chief Executive Officer of SatixFy,
expressed his enthusiasm about the recent collaboration with
SCOTTY, stating, “This partnership with SCOTTY and the first
order of our Aero terminal is a major milestone for SatixFy. It
brings us a step closer to our vision of becoming the leading
enabler of reliable satellite-based communications. By combining
SCOTTY’s expertise and resources with our market leading satellite
communications technology, we are very well positioned to meet the
fast-growing market demand for exceptionally reliable, high-speed
communication solutions for the aviation sector.”
Joachim Kalcher, Chief Executive Officer of SCOTTY, added
that this partnership is a natural fit for a company
specializing in critical communication solutions,
“With our expertise in secure communication in remote and
challenging environments, SCOTTY has found a perfect match in
SatixFy. Together, we can provide a comprehensive solution to our
customers in the aero market—whether for government, business jets,
or commercial airlines. We can also offer our expertise in
installing both antennas and indoor equipment for various
applications including cabins, cockpits, UAVs, and any other future
needs. We are looking forward to a very long and successful
partnership with SatixFy and its products.”
About SatixFy
SatixFy develops end-to-end next-generation satellite space and
ground communications systems, including satellite multi beam
digital antennas, user terminals and modems, based on powerful
chipsets that it develops in house.
SatixFy’s products include modems that feature Software Defined
Radio (SDR) and Fully Electronically Steered Multi Beam Antennas
(ESMA) that support the advanced communications standard DVB-S2X.
SatixFy’s innovative ASICs improve the overall performance of
satellite communications systems, reduce the weight and power
requirements of terminals and payloads, and save real estate for
gateway equipment. SatixFy’s advanced Very Small Aperture Terminals
and multi-beam fully electronically steered antenna arrays are
optimized for a variety of mobile applications and services, using
Low Earth Orbit, Medium Earth Orbit and geostationary satellite
communications systems, for aero/in-flight connectivity systems,
high-end communications-on-the-move applications, and more.
SatixFy is headquartered in Rehovot, Israel with additional
offices in the UK, US and Bulgaria.
For more information, please refer to www.SatixFy.com.
About SCOTTY
SCOTTY is an original equipment manufacturer and a global
provider of advanced communication solutions tailored for aviation
and other challenging applications. Headquartered in Graz, Austria,
SCOTTY has spent decades developing specialized expertise in the
design and manufacture of secure and customizable satellite-based
audio, video and data from all kinds of platforms. SCOTTY’s
longstanding experience enables it to optimize complex
communication infrastructure through software, hardware, and
satellite networks. From business aviation customers and
multinational corporations to civil protection agencies, SCOTTY
solutions empower customers to stay connected and operate
effectively worldwide.
SCOTTY’s solutions are pivotal in the core operations of
business aviation, peacekeeping forces, border police, and other
organizations that must rely on SCOTTY’s equipment to coordinate
essential activities securely and in challenging environments. With
strong research and development capabilities, combined with
in-house manufacturing, SCOTTY crafts and then deploys specialized
communication systems tailored to diverse customer needs across
enterprise, civilian and government sectors. Their solutions
integrate the latest technologies with proven designs to keep
clients connected and productive no matter the circumstances.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Words such as "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "estimates" and similar expressions
or variations of such words are intended to identify
forward-looking statements. For example, SatixFy is using forward
looking statement in this press release when it discusses the
expected timing of installation of terminals; the potential
benefits of its products and technologies; its vision of becoming
the leading enabler of reliable satellite-based communications; and
its belief that it is well positioned to meet the fast-growing
market demand for exceptionally reliable, high-speed communication
solutions for the aviation sector. Important factors that could
cause actual results, developments and business decisions to differ
materially from those anticipated in these forward-looking
statements include, among others: the Company's planned level of
revenues and capital expenditures; the Company's available cash and
its ability to obtain additional funding; the Company's ability to
market and sell its products; legal and regulatory developments in
the United States and other countries; the Company's ability to
maintain its relationships with suppliers, distributors and other
partners; the Company's ability to maintain or protect the validity
of its patents and other intellectual property; political, economic
and military instability in the Middle East, specifically in
Israel; as well as those factors set forth in the Risk Factors
section of the Company's Annual Report on Form 20-F for the year
ended December 31, 2023 filed with the SEC on March 29, 2024 and
other documents filed with or furnished to the SEC which are
available on the SEC's website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
SAT-COM
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version on businesswire.com: https://www.businesswire.com/news/home/20240522056289/en/
Investor Contact: Kenny Green & Ehud Helft,
EK Global IR, satixfy@ekglobal.com
Media Contact: Aviv Sax Nahamoni,
info@satixfy.com
SatixFy Communications (AMEX:SATX)
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