Satcom chipset maker SatixFy Q1 revenue down, operating loss up on R&D spending; new products arrive Q1 2025

by Peter B. de Selding

PARIS — Satellite next-generation chipset manufacturer SatixFy Communications Ltd. continues to invest in R&D at the expense of near-term financial results and said its showcase new products should be commercially available by March 2025.

Israel-based SatixFy, with about 165 employees, has said its R&D investment since 2012 totals more than $200 million. It has been traded on the New York Stock Exchange since October 2022.

For the three months ending March 31, the company reported total revenues of $1 . . .

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