Endurance Acquisition Corp.

Endurance Acquisition Corp.

EDNCU
Endurance Acquisition Corp.US flagNASDAQ Capital Market
8.73
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
630 Fifth Avenue New York City NY United States of America 10111
IPO Date
Sep 14, 2021
Business
Endurance Acquisition Corp. (EDNCU) is a blank check company whose primary business is effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. Prior to its business combination, the company had no significant operations and focused its search on targets in data infrastructure and analytics, with emphasis on space and wireless industries, related technology and services, and space-based tech businesses across platforms, sensors, mobile communications, Internet of Things, artificial intelligence, and big data analytics sectors; it offered no products or services of its own. Endurance Acquisition Corp., founded in 2021 and headquartered at 630 Fifth Avenue, 20th Floor, New York, NY, operated globally with leadership including CEO Richard C. Davis. In October 2022, the company completed a reverse merger business combination with SatixFy Communications Ltd., a developer of next-generation satellite communication systems including modems featuring Software Defined Radio, Fully Electronically Steered Multi-Beam Antennas, ASICs, VSATs, and multi-beam antenna arrays optimized for LEO, MEO, and GEO applications in aero connectivity, communications-on-the-move, IoT, and consumer terminals; post-combination, Endurance's shares and warrants transitioned to trade under SATX and SATX WSA on the NYSE American, with Richard Davis joining SatixFy's board, marking the cessation of Endurance as a standalone SPAC entity.