Endurance Acquisition Corp. Completes Business Combination with SatixFy Communications

October 27, 2022

Endurance Acquisition Corp. completed its previously announced business combination with SatixFy Communications Ltd., making SatixFy a publicly traded company expected to trade on the NYSE American under the ticker SATX. The deal keeps SatixFy's management in place (David Ripstein continuing as CEO) and brings Endurance's CEO Richard Davis onto SatixFy's board, providing SatixFy access to public markets and capital to scale its satellite communications chipset, antenna and payload business.

Buyers
Endurance Acquisition Corp.
Targets
SatixFy Communications Ltd.
Location
Israel
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.