SatixFy(SATX) - 2023 Q1 - Quarterly Report

Exhibit 99.1 SatixFy Announces First Quarter 2023 Results Rehovot, Israel – May 26, 2023 – SatixFy Communications Ltd. ("SatixFy") (NYSE AMERICAN: SATX), a leader in next- generation satellite communication systems based on in-house developed chipsets, today announced its consolidated financial results for the first quarter of 2023. Ido Gur, CEO of SatixFy, commented: "Satixfy's first quarter results demonstrate that Satixfy is moving in the right direction. We have taken steps to reduce expenses while cont ...