{"id":48873,"date":"2025-07-02T23:41:43","date_gmt":"2025-07-02T15:41:43","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/mda-space-completes-satixfy-acquisition\/"},"modified":"2025-07-02T23:41:43","modified_gmt":"2025-07-02T15:41:43","slug":"mda-space-completes-satixfy-acquisition","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/mda-space-completes-satixfy-acquisition\/","title":{"rendered":"MDA Space Completes SatixFy Acquisition"},"content":{"rendered":"<\/p>\n<p><b>MDA Space<\/b> has closed its acquisition of <b>SatixFy Communications<\/b> to bring SatixFy\u2019s satellite communication chipsets in-house.&nbsp;<\/p>\n<p>SatixFy\u2019s operations and full technology portfolio will be integrated into the Satellite Systems business area of MDA Space, the company said in a July 2 update on the deal. SatixFy is based in Israel and MDA Space is based in Canada.&nbsp;<\/p>\n<p>SatixFy\u2019s shares are expected to be de-listed from the NYSE American market in the coming days.&nbsp;<\/p>\n<p>MDA Space had to pay more to acquire SatixFy than it originally planned after a \u201cgo-shop\u201d process brought in a higher bid than MDA Space\u2019s $193 million purchase price. MDA Space agreed to acquire the company in an all-cash transaction that values SatixFy at approximately $280 million.<\/p>\n<p>SatxiFy develops space-grade chip technology including an advanced processor, digital multi-beam chip, along with landing stations and terminals. Its technology is a key component of MDA Space\u2019s Aurora satellite platform, which supports the Telesat Lightspeed constellation.<\/p>\n<p>MDA Space previously acquired the company\u2019s digital payload division in 2023, but moved to acquire the full company in April of this year.&nbsp;<\/p>\n<p>SatixFy recently reported $4.9 million in revenue in the first quarter of 2025, more than doubling its revenue year-over-year. The company reported that $4 million was from development services and preproduction, and $900,000 was from product sales.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MDA Space has closed its acquisition of SatixFy Communications to bring SatixFy\u2019s satellite communication chipsets in-house.&nbsp; SatixFy\u2019s operations and full technology portfolio will be integrated into the Satellite Systems business area of MDA Space, the company said in a July 2 update on the deal. SatixFy is based in Israel and MDA Space is based [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48874,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-48873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48873"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=48873"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/48873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/48874"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=48873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=48873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=48873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}