Constellations, Launch, New Space and more…
TAG
“semiconductors”
AFRL Sponsorship Recipient Wins NASA Space Manufacturing Contract
United Semiconductors, LLC facility in Los Alamitos, Calif. (Credit: United Semiconductors)

WRIGHT PATTERSON AIR FORCE BASE, OH. (AFRL PR) — Air Force Research Laboratory research sponsorship recipient, United Semiconductors, LLC (USLLC), is one of eight companies selected to work on a three-year, $21 million NASA contract to manufacture tools in space.

(more…)
  • Parabolic Arc
  • June 4, 2022
SatixFy, a Leader in Next-Generation Satellite Communication Systems, to Go Public via Combination with Endurance Acquisition Corp.

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.

(more…)
  • Parabolic Arc
  • March 9, 2022
Micross & Apogee Semiconductor Announce Global Partnership to Offer Rad-Tolerant/Rad-Hard Integrated Circuits for Space, Defense & Extreme Environments

MELVILLE, NY, March 4, 2022 (Micross PR) – Micross Components, Inc. (“Micross”), a leading global provider of mission-critical microelectronic components and services for high-reliability aerospace, defense, space, medical, and industrial applications, is proud to announce our exclusive partnership with Apogee Semiconductor, a leader in Radiation-Hardened-by-Design semiconductors, created with the patented TalRad™ (Transistor-Adjusted-Layout for Radiation) process. Micross is now the global supplier of die and packaged devices utilizing Apogee Semiconductor technology. Micross and Apogee Semiconductor radiation hardened solutions offer system designers a more cost-effective approach to achieving their specific radiation and temperature performance requirements for extreme environments, from low earth orbits (LEO) to deep space and other high radiation applications, while also enabling SWaP (size, weight and power) optimization.

(more…)
  • Parabolic Arc
  • March 7, 2022