SatixFy Communications (SATX) has released an update.
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SatixFy UK Limited has entered into an amended agreement with MacDonald, Dettwiler and Associates Corporation, resulting in an increase of the pre-purchase amount by $5 million, with potential further increases based on certain conditions. The amendment signifies a commitment to bolster their financial collaboration, providing SatixFy with a significant cash boost. This move could positively impact the company’s stock performance and attract investor interest.
For further insights into SATX stock, check out TipRanks’ Stock Analysis page.
