SatixFy to Showcase its Cutting-Edge Space-to-Ground SatCOM Solutions at Satellite Show 2024

Including Its Aero IFC Terminal, Now Accepting Orders

SatixFy Communications Ltd. (“SatixFy”, or the “Company”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems based on in-house developed chipsets, today announced that it will be exhibiting its latest innovations at Satellite Show 2024, which is being held at the Walter E. Washington convention center in Washington, D.C., from March 19 to 21, 2024.

Visitors to the SatixFy booth (#2219) will have the opportunity to delve into the Company’s comprehensive suite of solutions for satellite digital payloads, featuring advanced on-board-processing application-specific integrated circuits (ASIC), digital beamforming ASIC and additional payload antenna solutions. These solutions represent a significant advancement in satellite communications, delivering exceptional performance, flexibility, and efficiency.

For the ground segment, SatixFy will showcase its multi-beam, multi-orbit, multi-frequency digital antennas, meticulously designed to meet the diverse requirements of next generation communication networks. Among them are on-the-move antennas for defense applications and low orbit earth (LEO) optimized antennas for cellular backhaul.

Highlighting the Company’s showcase is the aero in-flight connectivity (IFC) terminal, known as the “Onyx Aero”. The Onyx Aero product stands as an all-inclusive, high-performance satellite communications terminal designed for application on small to mid-size aircraft, delivering superior in-flight connectivity. Characterized by its compact form factor, the Onyx Aero features SatixFy's innovative digital beam-forming technology, coupled with future proof multi-orbit connectivity capabilities. The Onyx Aero is currently in development stages and is available for pre-orders.

At the booth will also be members of SatixFy's management team, including Acting CEO Nir Barkan, and Executive Chairman, Yoav Leibovitch, offering visitors the opportunity to meet them and learn more about the Company's products and applications and future vision. Investors or analysts who wish to organize a meeting with the management team should be in touch with SatixFy investor relations or media team.

To schedule a meeting contact: info@satixfy.com

For more information, visit www.satixfy.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, SatixFy is using forward looking statement in this press release when it discusses its belief that its solutions represent a significant advancement in satellite communications, delivering exceptional performance, flexibility, and efficiency; that its products are designed to meet the diverse requirements of next generation communication networks; and its future vision. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, among others: the Company's planned level of revenues and capital expenditures; the Company's available cash and its ability to obtain additional funding; the Company's ability to market and sell its products; legal and regulatory developments in the United States and other countries; the Company's ability to maintain its relationships with suppliers, distributors and other partners; the Company's ability to maintain or protect the validity of its patents and other intellectual property; political, economic and military instability in the Middle East, specifically in Israel; as well as those factors set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2022 filed with the SEC on May 1, 2023, as amended, and other documents filed with or furnished to the SEC which are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

SAT-COM

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