SatixFy is a vertically integrated fabless semiconductor chip company providing products based on in-house developed chips across the entire satellite communications value chain
SatixFy customers include a list of significant players in the satellite telecom industry, such as Telesat, OneWeb, Airbus and others.
This transaction along with a recently completed capital raise will result in up to $350 million in gross proceeds assuming no trust redemptions, including a $29 million PIPE with participation from key institutional investors including Sensegain Group and Antarctica Capital, and a Committed Equity Facility of up to $75 million from CF Principal Investments LLC, an affiliate of Cantor Fitzgerald. In addition, the Company recently closed on an additional financial commitment of $55 million from Francisco Partners.
Transaction implies a pro forma implied equity value of the combined company at approximately $813 million.
NEW YORK & REHOVOT, Israel, March 08, 2022 (SatixFy Communications/Endurance Acquisition Corp PR) — SatixFy Communications Ltd. (“SatixFy”), a leader in next- generation satellite communication systems based on in-house developed chipsets, and Endurance Acquisition Corp. (“Endurance”) (NASDAQ: EDNC), a publicly traded special purpose acquisition company formed by an affiliate of Antarctica Capital, an international private equity firm with $2 billion of assets under management, announced today a definitive merger agreement that will result in SatixFy becoming a publicly listed company.
Industry-leading partners to construct ground-breaking satellite constellation enabling super-spectral imagery, scientific-grade data, and value-added analytics with daily global coverage.
VACOUVER, B.C.,January 18, 2021 (EarthDaily Analytics PR) –EarthDaily Analytics Corp. (“EDA” or the “Company”), a vertically-integrated data processing and analytics company pairing cutting-edge Big Data tools with proven Space technologies, today announces the initial mission partners for the Company’s EarthDaily Constellation of 9 super-spectral satellites. The EarthDaily Constellation will provide unprecedented daily global coverage of the Earth’s land masses, significantly enhancing geospatial analytics capabilities to provide value-added insights in industries including agriculture, Environmental, Social and Governance (ESG), insurance, disaster prevention and recovery, commodities trading, and more by the end of 2023.
EarthDaily Analytics unveils plan to launch a new ground-breaking constellation in 2023
VANCOUVER, BC, July 20, 2021 (EarthDaily Analytics PR) — EarthDaily Analytics Corp., a vertically-integrated data processing and analytics company, today announces the timeline for the launch of the company’s new constellation of earth observing satellites. The EarthDaily satellite constellation will significantly enhance geospatial analytics capabilities in agriculture, forestry, environment, financial services, and defense and intelligence, among many other verticals.
Construction of the new generation of satellites will begin in July 2021, with launches scheduled in 2023. The new satellites will collect scientific-grade imagery of the planet in a unique combination of 21 spectral bands, many of which will be 5-meter resolution. The constellation will have an expected lifespan of over 10 years.