SatixFy gets $2.3M from UK Space Agency from C-LEO program for satellite payload

SatixFy Communications (SATX) announced that it has secured funding of GBP 1.8 or approximately $2.3M from the UK Space Agency under its C-LEO program, for the development of an advanced software suite for digital satellite payloads…”We believe that this award from the UK Space Agency is a strong validation of SatixFy’s core capabilities,” commented Nir Barkan, Chief Executive Officer of SatixFy. “By leveraging our deep expertise in satellite communications, digital signal processing and radiation hardening semiconductor development, we believe that we are well-positioned to deliver a complete solution that extends beyond hardware into software-driven optimization. Completion of the development of this software, designed by SatixFy UK, would mark a strategic expansion of our portfolio-bridging the gap between advanced processing hardware and intelligent software to provide customers with a fully integrated, next-generation satellite communication solution.” Dr. Craig Brown, Investment Director at the UK Space Agency, said: “Satellite mega-constellations are changing how people and businesses communicate across the globe, transforming markets in areas like maritime and aviation connectivity. This new project with SatixFy will develop advanced software that is flexible and adaptable to the evolving demands of new satellite systems. It is a key part of our plans to ensure the UK continues to benefit from the rapid growth of the global space sector.”