Satixfy Announces Succesful Demonstration for its new Antenna Together with OneWeb Technologies and Air Force Research Lab

Rhea-AI Summary

SatixFy Communications Ltd. (NYSE AMERICAN: SATX) has successfully completed a demonstration of its new antenna technology under the Defense Experimentation Using Commercial Space Internet (DEUCSI) initiative, in collaboration with OneWeb Technologies and the Air Force Research Lab. This initiative aims to enhance military operations through advanced satellite communication capabilities. The antenna is designed to deliver resilient, high-speed, and low-latency services for the United States Department of Defense. CEO Ido Gur expressed pride in being selected for this significant project, highlighting the importance of this partnership.

Positive

• Successful demonstration of new antenna technology for the U.S. Department of Defense.
• Collaboration with OneWeb Technologies and Air Force Research Lab enhances credibility.
• Potential for new contracts to support military operations.

Negative

• None.

FARNBOROUG, United Kingdom--(BUSINESS WIRE)-- SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems announced the completion of a contracted demonstration with OneWeb Technologies (“OWT”), and the Air Force Research Lab (“AFRL”), to demonstrate SatixFy's new antenna for use by the United States Department of Defense (DoD), under its initiative Defense Experimentation Using Commercial Space Internet (DEUCSI). This program was executed in partnership with the U.S. Army.

The DEUCSI initiative has been designed to explore new ways to leverage commercial space internet capabilities, in order to support military operations. This contract brings Satixfy in partnership with OneWeb Technologies and the Air Force Research Lab, to demonstrate the capabilities of its new antenna, which is designed to provide resilient, high-speed, and low-latency satellite communications.

"We are proud to have been selected by these technology leaders for this important initiative for the U.S. Department of Defense," commented Ido Gur, CEO of Satixfy.

“OWT partnered with SatixFy taking the initial opportunity to demonstrate simultaneous connectivity over multiple diverse satellites,” commented Ian Canning, COO of OneWeb Technologies. “The underlying technology will enable multi-orbit capabilities for clients looking for high availability, diverse platform capabilities going forward.”

About SatixFy

SatixFy develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in-house.

SatixFy is headquartered in Rehovot, Israel, with additional offices in the U.S., UK and Bulgaria. For more information, please refer to www.SatixFy.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of SatixFy’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of SatixFy.

About OneWeb Technologies:

One-Web Technologies Inc. is a premier global provider of innovative, secure satellite communications application solutions that combines extensive satellite access and expansive terrestrial capacity with highly effective applications to deliver best-fit, custom end-to-end solutions. The only satellite communications provider with its own network infrastructure and 24/7 Managed Services Operations Center located on a US military base, OneWeb Technologies provides its clients with secure and reliable solutions. As OneWeb’s U.S. proxy organization, OneWeb Technologies has access to the company’s LEO satellite constellation and takes a consultative and adaptable approach toward its customers.

Learn more at www.onewebtechnologies.net

SAT-COM

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005688/en/

SatixFy Investor Contact:

Kenny Green & Ehud Helft, EK Global IR, satixfy@ekglobal.com

SatixFy Media Contact:

Helena Itzhak, info@satixfy.com

Source: SatixFy

FAQ

What is the recent announcement from SatixFy Communications Ltd. regarding SATX?

SatixFy has completed a demonstration of its new antenna technology for the U.S. Department of Defense under the DEUCSI initiative.

Who are the partners in the SatixFy demonstration project for the U.S. Department of Defense?

The partners are OneWeb Technologies and the Air Force Research Lab.

What is the purpose of the DEUCSI initiative involving SatixFy?

The DEUCSI initiative explores new ways to utilize commercial space internet capabilities for military operations.

How does SatixFy's antenna technology benefit military operations?

The antenna is designed to provide resilient, high-speed, and low-latency satellite communications.