Satixfy UK Limited
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Satixfy UK Limited - overview
Established
2012
Location
Rehovot, -, Israel
Primary Industry
Semiconductors
About
Based in Israel, Satixfy UK Limited develops advanced satellite communication technologies, focusing on its proprietary chips and modems that enhance satellite connectivity and flexibility across various sectors. Satixfy UK Limited specializes in satellite communication technologies, enhancing connectivity through innovative chip solutions. Founded in 2012 and headquartered in Rehovot, Israel, the company has successfully completed five deals. Its most recent funding round, a VENTURE DEBT round in March 2022, raised USD 75.
00 mn from Cantor Ventures, contributing to a total of USD 40. 00 mn raised. The CEO, Yoel Gat, has a background in technology entrepreneurship, though further details on prior ventures are not available. SatixFy specializes in advanced satellite communication technology, primarily focusing on its self-developed chips that enable dynamic beam steering through digital beamforming.
The company's core product offerings include a series of Software Defined Radio (SDR) modems and application-specific integrated circuits (ASICs), such as the Sx3000 and Sx4000, designed for applications including communication payloads, in-flight connectivity, and defense connectivity. These technologies enable flexible, high-bandwidth implementations while maintaining low power consumption. SatixFy serves markets in North America, Europe, and Asia, providing solutions to aerospace, defense, and telecommunications sectors. SatixFy generates revenue through direct sales of its proprietary products, including the Sx3000 SDR ASIC and Onyx Aero Terminal, to enterprise clients in telecommunications and defense.
The transaction structure is B2B, focusing on long-term partnerships for technology deployment in critical communication infrastructures. Clients typically require tailored solutions, with transactions structured around initial sales followed by ongoing support. Pricing aligns with the value provided, reflecting the unique capabilities of their digital beamforming and wideband SDR technologies. SatixFy plans to leverage its recent VENTURE DEBT funding of USD 75.
00 mn from March 2022 to support the development of new products and enhance its market presence. The company is working on launching next-generation products designed for advanced satellite applications, with specific release dates to be announced. Additionally, SatixFy aims to expand into emerging markets in Asia and Africa by 2025, catering to the increasing demand for satellite communications solutions.
Current Investors
Catalyst Investments, Glory Ventures, Francisco Partners
Primary Industry
Semiconductors
Sub Industries
Integrated Circuits, Semiconductor Equipment & Testing
Website
www.satixfy.com
Verticals
Nanotechnology
Total Amount Raised
Subscriber access only
Satixfy UK Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | SatixFy Space Systems UK Ltd. | - |
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