BK Technologies Receives InteropONE Purchase Order From State Forestry Agency

Rhea-AI Summary

BK Technologies (NYSE American:BKTI) has secured a purchase order from a state forestry agency for its InteropONE Push To Talk over Broadband solution. The agency initially tested InteropONE during Hurricane Helene relief efforts, using Radio over IP (RoIP) gateways to connect InteropONE users with their statewide Land Mobile Radio (LMR) system.

The successful trial demonstrated InteropONE's capability to enable administrators to communicate via smartphones with first responders using LMR radios in hurricane-affected areas. The state forestry agency plans to implement the solution in their operations shortly.

Positive

• Secured new purchase order from state forestry agency
• Successful deployment during Hurricane Helene relief efforts
• Proven operational effectiveness in emergency situations

Negative

• None.

Insights

Communications Technology Analyst

BK Technologies has secured a strategic win with a state forestry agency purchasing its InteropONE Push-To-Talk over Broadband solution following a successful real-world deployment during Hurricane Helene relief efforts. This order represents more than just a sale – it demonstrates market validation for BK's interoperability technology in mission-critical scenarios.

The InteropONE solution proved its value by enabling seamless communication between administrators using smartphones and first responders with traditional Land Mobile Radio (LMR) systems during emergency operations. This bridging capability addresses a persistent challenge in public safety communications where different technologies and systems often create dangerous communication silos.

For BK Technologies, this order carries several strategic implications:

• It establishes a valuable reference customer in the government sector, potentially opening doors to similar agencies facing interoperability challenges
• It highlights BK's evolution beyond hardware-focused products toward software solutions with potentially higher margins and recurring revenue opportunities
• It positions the company advantageously as climate change drives increasing demand for emergency communication solutions that can function during natural disasters

While the financial impact of this single order is likely modest relative to BK's $110 million market capitalization, the long-term strategic value lies in demonstrating InteropONE's effectiveness in real emergency scenarios. This creates a compelling case study for other public safety agencies evaluating interoperability solutions.

As public safety agencies increasingly seek to modernize communications while maintaining compatibility with existing infrastructure investments, BK's ability to bridge this gap with software solutions like InteropONE could represent a significant growth opportunity in the fragmented public safety communications market.

WEST MELBOURNE, FL / ACCESS Newswire / February 27, 2025 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that it has received a purchase order from a state forestry agency for InteropONE, the Company's Push To Talk over Broadband solution that enables operational interoperability to public safety personnel through on demand creation of user groups.

The customer trialed InteropONE during Hurricane Helene relief efforts, where they used Radio over IP (RoIP) gateways to interconnect InteropONE users with their statewide Land Mobile Radio (LMR) system. This enabled administrators throughout the state to establish communications via their smartphones, with first responders using LMR radios in the hurricane-impacted areas. Following this successful trial, the customer has purchased InteropONE for use in their operations and expects to bring the solution online soon.

James Teel, General Manager of Solutions, stated, "Hurricane Helene underscored the need for fast and reliable communication in emergency situations. InteropONE's software-based solution provided an efficient and cost-effective means to bridge communication gaps between administrative staff and first responders, enhancing safety and operational effectiveness. We are excited that this agency has chosen to integrate InteropONE into their ongoing public safety efforts and we are confident that this software solution will meet their evolving communication needs."

About BK Technologies

BK Technologies Corporation, through its operating subsidiaries, designs and manufactures high-specification communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies' SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. BK Technologies is honored to serve these heroes when every moment counts. The Company's common stock trades on the NYSE American market under the symbol "BKTI". Maintaining its headquarters and primary manufacturing facility in West Melbourne, Florida, BK Technologies can be contacted through its web site at www.bktechnologies.com or directly at 1-800-821-2900.

Forward-Looking Statements

Litigation Reform Act of 1995. These forward-looking statements concern the Company's operations, economic performance, and financial condition, including, but not limited to the Company's long-term strategic plan, and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: changes or advances in technology; the success of our land mobile radio product line and SaaS business segment; disruption in the global supply chain creating delays, unavailability and adverse conditions; successful introduction of new products and technologies, including our ability to successfully develop and sell our new multiband product and other related products in the BKR Series product line and the Company's SaaS solutions; competition in the land mobile radio industry; general economic and business conditions, including higher inflation and its impacts, federal, state and local government budget deficits and spending limitations, any impact from a prolonged shutdown of the U.S. Government, the effects of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events, as well as the broader impacts to financial markets and the global macroeconomic and geopolitical environments; the availability, terms and deployment of capital; reliance on contract manufacturers and suppliers; risks associated with fixed-price contracts; heavy reliance on sales to agencies of the U.S. Government and our ability to comply with the requirements of contracts, laws and regulations related to such sales; allocations by government agencies among multiple approved suppliers under existing agreements; our ability to comply with U.S. tax laws and utilize deferred tax assets; our ability to attract and retain executive officers, skilled workers and key personnel; our ability to manage our growth; our ability to identify potential candidates for, and to consummate, acquisition, disposition or investment transactions, and risks incumbent to being a noncontrolling interest stockholder in a corporation; impact of natural disasters, changes in climate, severe weather events, geopolitical events, acts of war or terrorism, global health epidemics or pandemics and catastrophic events on the companies in which the Company holds investments; impact of our capital allocation strategy; risks related to maintaining our brand and reputation; impact of government regulation; impact of rising health care costs; our business with manufacturers located in other countries, including changes in the U.S. Government and foreign governments' trade and tariff policies; our inventory and debt levels; protection of our intellectual property rights; fluctuation in our operating results and stock price; any infringement claims; data security breaches, cyber-attacks and other factors impacting our technology systems; availability of adequate insurance coverage; maintenance of our NYSE American listing; risks related to being a holding company; and the effect on our stock price and ability to raise equity capital of future sales of shares of our common stock. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statement.

Company Contact:

IMS Investor Relations
John Nesbett/Jennifer Belodeau
bktechnologies@imsinvestorrelations.com
(203) 972-9200

Contact Information

John Nesbett
IMS Investor Relations
bktechnologies@imsinvestorrelations.com
(203)972-9200

SOURCE: BK Technologies Corporation

View the original press release on ACCESS Newswire

FAQ

What is BK Technologies' InteropONE solution and how does it work?

InteropONE is a Push To Talk over Broadband solution that enables communication interoperability by connecting smartphone users with LMR radio systems through RoIP gateways.

How did BKTI's InteropONE perform during Hurricane Helene?

InteropONE successfully enabled state administrators to communicate via smartphones with first responders using LMR radios in hurricane-impacted areas.

What led to the state forestry agency's purchase of BKTI's InteropONE?

The agency's successful trial of InteropONE during Hurricane Helene relief efforts demonstrated its effectiveness in bridging communication gaps between administrative staff and first responders.

What are the key benefits of BKTI's InteropONE for public safety agencies?

InteropONE offers efficient, cost-effective communication bridging between smartphone users and LMR radio systems, enhancing safety and operational effectiveness in emergency situations.