SAN DIEGO (Voyager Space PR) — Space Micro Inc., powered by Voyager Space, today announced the successful performance of its Software Defined Radios (SDRs) on Missile Defense Agency’s (MDA) CubeSat Networked Communications Experiment (CNCE) Block 1. Initially launched in June 2021 and completed in March 2022, CNCE Block 1, which is part of MDA’s Nanosat Testbed Initiative (NTI), used small, low-cost satellites to demonstrate networked radio communications between nanosatellites while in orbit.

MDA deployed two CubeSats developed by Space Micro with integrated radio frequency (RF) payloads based on its μSDR-C^™ family of small form factor software defined radios. MDA tested Space Micro’s SDRs at various distances, formations, and orientations, all of which successfully communicated with each other and ground nodes. This demonstration helps support the development of U.S. missile defense technology and architecture.

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.