financetom
Business
financetom
/
Business
/
MDA Space Completes Acquisition of Satixfy Communications
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MDA Space Completes Acquisition of Satixfy Communications
Jul 2, 2025 5:40 AM

08:02 AM EDT, 07/02/2025 (MT Newswires) -- MDA Space ( MDALF ) on Wednesday said it has completed the acquisition of SatixFy Communications, a manufacturer of satellite communication solutions based on in-house-designed chipsets.

SatixFy's operations and full technology portfolio will be integrated into the Satellite Systems business area of MDA Space ( MDALF ).

"We are pleased to officially welcome the SatixFy team to MDA Space ( MDALF )," said Chief Executive Mike Greenley. "With the successful completion of the acquisition, our combined team will continue to deliver differentiated technology to further reinforce our satellite systems strategy and competitive advantage as demand for software-defined digital satellite solutions continues to grow."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CSX starts new freight rail route to avoid Baltimore port closure, CNBC reports
CSX starts new freight rail route to avoid Baltimore port closure, CNBC reports
Apr 1, 2024
April 1 (Reuters) - Rail company CSX will start a new freight rail service between Baltimore and New York for its clients on Tuesday to circumvent the closure of the Port of Baltimore following the collapse of a major bridge, CNBC reported on Monday. ...
FAA should not requite pilots to disclose talk therapy, panel says
FAA should not requite pilots to disclose talk therapy, panel says
Apr 1, 2024
WASHINGTON, April 1 (Reuters) - An expert panel appointed by the Federal Aviation Administration said Monday the agency should drop a requirement that airline pilots and air traffic controllers disclose talk therapy sessions. The FAA should develop a non-punitive pathway for reporting previously undisclosed mental health conditions, treatments, or medications, said the panel whose members include aviation associations, pilot and...
Inspire Semiconductor up 8% as it Announces Secured Loans, Closing of Private Placement
Inspire Semiconductor up 8% as it Announces Secured Loans, Closing of Private Placement
Apr 1, 2024
02:26 PM EDT, 04/01/2024 (MT Newswires) -- Inspire Semiconductor Holdings ( INSSF ) , a chip design company, on Monday said it entered into secured loan agreements for a total US$450,000 from certain arm's-length investors and Jeff Schneider, a director of the company. Each loan bears interest of 10% per annum payable on the maturity date, March 28, 2025. The...
AEON Biopharma Shares Tumble on Wider Q4 Loss
AEON Biopharma Shares Tumble on Wider Q4 Loss
Apr 1, 2024
02:30 PM EDT, 04/01/2024 (MT Newswires) -- AEON Biopharma ( AEON ) shares tumbled 40% in recent Monday trading after reporting a wider Q4 net loss last week. The company reported Friday a diluted net loss of $0.71 per diluted share, compared with a loss of $0.25 a year earlier. One analyst polled by Capital IQ expected a loss of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved