SatixFy(SATX) - 2023 Q4 - Annual Report

Exhibit 99.1 Nir Barkan, Acting Chief Executive Officer of SatixFy, commented, "2023 was marked by strategic advancements and solid progress within our product development and customer engagements. The $60 million agreement with MDA has refocused SatixFy on its core competencies, fortifying a long-term business relationship with a leading satellite developer and providing us with advanced payments for sales of the Company's cutting-edge space-grade ASICs. From a product standpoint, the progression of our Pr ...