SatixFy went public via a SPAC merger with Antarctica Capital-backed Endurance Acquisition in a $813m deal.

SatixFy, a satellite communications, went public via a SPAC merger with Antarctica Capital-backed Endurance Acquisition in a $813m deal. “This is an exciting time for the satellite communications industry, with the emergence of LEO mega-constellations creating a massive opportunity for SatixFy’s next-generation technologies. Our unique chips, antennas and satellite payloads are critical for scaling the performance of the new satellites while reducing their operational costs, making ‘everywhere, all-the-time’ communications practical for diverse types of customers and application. We are confident that this will drive growth for SatixFy, and create significant value and transparency for our existing and new customers,” David Ripstein, SatixFy CEO.