SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, announced today that the OneWeb JoeySat Satellite was successfully launched from California on Saturday, May 20, 2023.

This advanced broadband satellite, designed to offer high-speed internet connectivity anywhere on Earth, has been nicknamed ‘JoeySat’ after a baby kangaroo for its beam-hopping abilities. The satellite is able to remotely direct and boost its beams to focus coverage to certain locations, such as areas of high usage where the network is struggling to cope with demand. Its fully digital beam-hopping and beam-steering payload, provided by SatixFy, can switch between various places on Earth up to 1000 times per second and adjust the strength of the communications signals to meet demand.

The satellite was developed under a £32 million grant from the UK Space Agency, via the Sunrise Partnership, which is a project between the European Space Agency and telecommunications operator, OneWeb. Its advanced digital regenerative payload was built, tested and fully qualified by SatixFy. The flexible payload is fully software defined and will be reconfigurable in orbit.

"We are proud to be a key technology provider for the future of satellite-provided broadband internet and part of this European Space Agency project," commented Charlie Bloomfield, CEO of SatixFy Space Systems. “Our solution enables the fine-tuning and steering of bandwidth to the location of bandwidth-demand via our software defined on-board processors, digital beamforming and hopping antennas. We believe this has the potential to a game-changer for the future of resilient multi-orbit satellite communication and are very excited as this nascent market continues to grow and develop.”

Paul Bate, Chief Executive of the UK Space Agency, said: “OneWeb’s JoeySat will be a game-changer for satellite communications, offering the chance to improve people’s lives through reliable connectivity, whether that means better broadband services in remote places, or the ability to respond more effectively to emergency situations. As part of our priority to deliver missions and capabilities to our flourishing space sector, the UK Space Agency has invested more than £50 million into the mission, funding both the innovative technology behind JoeySat’s creation and the development of a wider ecosystem that will ensure a reliable and sustainable end-to-end service.”

Javier Benedicto, Acting Director of Telecommunications and Integrated Applications at ESA, said: “ESA’s Partnership Projects maximise the benefits to agile space companies in Europe thanks to efficient co-management tailored to the best commercial practices. The JoeySat satellite demonstrator for OneWeb’s next-generation constellation is a superb example of this cooperation.”

Massimiliano Ladovaz, CTO of OneWeb, said: “We are grateful to SatixFy for their cutting-edge work to design JoeySat and we are thrilled to see this innovative satellite now in-orbit. We have long believed that innovation is best achieved through collaboration and partnerships, like those developed under Sunrise for JoeySat, have brought together industry leaders and government to work together to see how we can all meet the changing connectivity needs of people around the world.”

Watch the launch video: https://www.youtube.com/watch?v=crdFx4HiSFw

About SatixFy

SatixFy develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house.

SatixFy’s products include modems that feature Software Defined Radio (SDR) and Fully Electronically Steered Multi Beam Antennas (ESMA) that support the advanced communications standard DVB-S2X. SatixFy’s innovative ASICs improve the overall performance of satellite communications systems, reduce the weight and power requirements of terminals and payloads, and save real estate for gateway equipment. SatixFy’s advanced VSATs and multi-beam fully electronically steered antenna arrays are optimized for a variety of mobile applications and services, using LEO, MEO and GEO satellite communications systems, for aero/in-flight connectivity systems, communications-on-the-move applications, satellite-enabled Internet-of-Things, and consumer user terminals.

SatixFy is headquartered in Rehovot, Israel with additional offices in the US, UK and Bulgaria. For more information, please refer to www.SatixFy.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of SatixFy’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Forward-looking statements are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control and cannot be predicted, and therefore actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the risk that the the OneWeb JoeySat Satellite will not be as successful as projected, and such other risks set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 20-F/A filed with the SEC on May 1, 2023. The Company assumes no obligation to update any written or oral forward-looking statement, whether as a result of new information, future events or otherwise unless required by law.

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