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SatixFy Communications

Closed (deSPAC)

Profile in progress

What it is
A private company preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with Endurance Acquisition Corp. (EDNC) — closed (despac).
What you should know
The deal carries a $100M minimum-cash condition — heavy redemptions can break it.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "MDA agreed to acquire SatixFy in an all-cash transaction for US$2.10 (without interest) per ordinary share" [https://mda-en.investorroom.com/2025-05-20-MDA-Space-and-SatixFy-Announce-Amended-Merger-Agreement-for-Increased-Consideration-and-Postponement-of-Shareholder-Meeting] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "MDA agreed to acquire SatixFy in an all-cash transaction for US$2.10 (without interest) per ordinary share" [https://www.prnewswire.com/news-releases/mda-space-and-satixfy-announce-amended-merger-agreement-for-increased-consideration-and-postponement-of-shareholder-meeting-302460592.html]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

SatixFy Communications is merging with Endurance Acquisition Corp. (EDNC) currently marked Closed (deSPAC).

Headline equity value
Minimum cash to close$100M

Structure per SEC accession(s) 0001104659-22-104506. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is SatixFy Communications going public?

SatixFy Communications has an approved merger with the SPAC Endurance Acquisition Corp. (EDNC). Deal status: Closed (deSPAC).

Does SatixFy Communications have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.