SatixFy Wins $39M Contract with Telesat for Satellite Network

SatixFy Communications (SATX) has released an update.

SatixFy Communications has secured a $39 million contract with Telesat to develop and supply Landing Station Baseband Units for the Telesat Lightspeed Network, a new satellite constellation aimed at providing high-speed, low-latency broadband globally. This partnership highlights SatixFy’s role as a key technology provider in the satellite communications industry, as they work to enhance global connectivity for enterprise and government sectors. The deal underscores the growing collaboration between SatixFy and Telesat, promising advancements in satellite technology and connectivity solutions.

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