BKR 9000 Multiband Radio Receives Approval from the National Interagency Fire Center
BK Technologies (NYSE American:BKTI) announced that its BKR 9000 multiband radio has received approval from the National Interagency Fire Center (NIFC) for use in federal wildland fire operations. This approval qualifies the radio for purchase by the Department of the Interior and use by federal employees and contractors. The BKR 9000 offers multiband capability, operating on all four Land Mobile Radio frequency bands in various settings, from urban centers to rural communities. It provides superior interoperability across federal, state, and local agencies. This approval follows the NIFC approval of BK Technologies' BKR 5000 single band radio in March 2021, expanding the company's offerings for wildland fire operations.
BK Technologies (NYSE American: BKTI) ha annunciato che il suo radio multibanda BKR 9000 ha ricevuto l'approvazione dal Centro Nazionale Interagenzia per gli Incendi (NIFC) per l'uso nelle operazioni federali di combattere gli incendi nei terreni boschivi. Questa approvazione consente l'acquisto della radio da parte del Dipartimento dell'Interno e l'uso da parte di dipendenti e appaltatori federali. Il BKR 9000 offre una capacità multibanda, operando su tutte e quattro le bande di frequenza delle radio mobili terrestri in vari contesti, dai centri urbani alle comunità rurali. Fornisce una superiore interoperabilità tra agenzie federali, statali e locali. Questa approvazione segue quella del NIFC per il radio a banda singola BKR 5000 di BK Technologies nel marzo 2021, ampliando l'offerta dell'azienda per le operazioni di incendi boschivi.
BK Technologies (NYSE American: BKTI) anunció que su radio multibanda BKR 9000 ha recibido la aprobación del Centro Nacional Interinstitucional de Incendios (NIFC) para su uso en operaciones federales de incendios forestales. Esta aprobación califica a la radio para su compra por parte del Departamento del Interior y su uso por empleados y contratistas federales. El BKR 9000 ofrece capacidad multibanda, funcionando en las cuatro bandas de frecuencia de Radio Móvil Terrestre en diversos entornos, desde centros urbanos hasta comunidades rurales. Proporciona superior interoperabilidad entre agencias federales, estatales y locales. Esta aprobación sigue a la aprobación del NIFC del radio de banda única BKR 5000 de BK Technologies en marzo de 2021, ampliando la oferta de la empresa para operaciones de incendios forestales.
BK Technologies (NYSE American: BKTI)는 자사의 BKR 9000 멀티밴드 라디오가 연방 야생화재 작전에서 사용하기 위해 국가 간첩 화재 센터(NIFC)의 승인을 받았다고 발표했습니다. 이 승인은 해당 라디오가 부내무부에서 구매 가능하고 연방 직원 및 계약자가 사용할 수 있도록 자격을 부여합니다. BKR 9000은 모두 멀티밴드 기능을 제공하며, 도시 중심지에서 농촌 공동체에 이르기까지 다양한 환경의 모든 4개의 이동식 라디오 주파수 대역에서 작동합니다. 이는 연방, 주 및 지방 기관 간의 우수한 상호 운용성을 제공합니다. 이 승인은 2021년 3월 BK Technologies의 BKR 5000 단일 밴드 라디오에 대한 NIFC 승인을 따른 것으로, 야생 화재 작전을 위한 회사의 제품 범위를 확장합니다.
BK Technologies (NYSE American : BKTI) a annoncé que son radio multibande BKR 9000 a reçu l'approbation du Centre National Interagences de Lutte Contre les Incendies (NIFC) pour une utilisation dans les opérations fédérales de lutte contre les incendies de forêt. Cette approbation permet d'acheter le radio par le Departement de l'Intérieur et d'être utilisé par des employés et des contractants fédéraux. Le BKR 9000 offre une capacité multibande, fonctionnant sur les quatre bandes de fréquence des Radio Mobiles Terrestres dans divers environnements, des centres urbains aux communautés rurales. Il fournit une interopérabilité supérieure entre les agences fédérales, étatiques et locales. Cette approbation fait suite à l'approbation du NIFC pour le radio à bande unique BKR 5000 de BK Technologies en mars 2021, élargissant l'offre de l'entreprise pour les opérations de lutte contre les incendies de forêt.
BK Technologies (NYSE American: BKTI) gab bekannt, dass das BKR 9000 Multiband-Radio vom Nationalen Interagenturen-Feuerzentrum (NIFC) die Genehmigung für den Einsatz in bundesstaatlichen Waldbrandoperationen erhalten hat. Diese Genehmigung ermöglicht den Kauf des Radios durch das Innenministerium und die Verwendung durch Bundesangestellte und -auftragnehmer. Das BKR 9000 bietet Multiband-Funktionalität und arbeitet in allen vier Frequenzbändern für Landmobilfunk in verschiedenen Umgebungen, von städtischen Zentren bis zu ländlichen Gemeinden. Es bietet eine überlegene Interoperabilität zwischen Bundes-, Landes- und Kommunalbehörden. Diese Genehmigung folgt der NIFC-Genehmigung für das BKR 5000 Einband-Radio von BK Technologies im März 2021, was das Angebot des Unternehmens für Waldbrandoperationen erweitert.
- NIFC approval qualifies BKR 9000 for purchase by the Department of the Interior
- BKR 9000 provides multiband capability, operating on all four LMR frequency bands
- Superior interoperability across federal, state, and local agencies
- Potential cost savings for agencies by eliminating the need for two separate single band radios
- None.
Insights
The NIFC approval for BK Technologies' BKR 9000 multiband radio is a significant milestone for the company. This approval opens up a substantial market opportunity within the federal government sector, particularly for wildland fire operations. The BKR 9000's multiband capability offers a competitive advantage by providing a single-device solution for various communication needs across different frequency bands and systems.
From a technical standpoint, the BKR 9000's ability to operate on all four LMR frequency bands and support both conventional and P25 trunked systems demonstrates its versatility and advanced features. This could potentially lead to increased adoption and market share gains for BK Technologies in the public safety communications sector.
However, investors should consider the competitive landscape and potential challenges in scaling production to meet increased demand. The approval's impact on revenue and profitability will depend on the company's ability to capitalize on this opportunity effectively.
The NIFC approval for the BKR 9000 multiband radio is a positive development for BK Technologies' financial outlook. This approval potentially expands the company's addressable market within the Department of Interior and other federal agencies involved in wildland fire operations. The multiband capability of the BKR 9000 could lead to higher average selling prices compared to single-band radios, potentially boosting revenue and margins.
Investors should watch for potential increases in order volume from federal agencies in the coming quarters. However, it's important to consider factors such as the sales cycle length for government contracts and potential competition from other approved vendors. The company's ability to scale production and maintain quality while meeting increased demand will be critical for capitalizing on this opportunity.
While this approval is promising, investors should also monitor the company's overall financial health, including cash flow and profitability metrics, to assess the long-term impact of this development on BK Technologies' financial performance.
NIFC approval qualifies BKR 9000 multiband radio for purchase by the Department of the Interior for use in wildland fire operations
WEST MELBOURNE, FL / ACCESSWIRE / September 5, 2024 / BK Technologies Corporation (NYSE American:BKTI) (the "Company" or "BK Technologies") today announced that the BKR 9000 multiband radio has been approved by the National Interagency Fire Center (NIFC) National Interagency Incident Communications Division as a fire approved radio for use by all federal employees and personnel under contract with the United States federal government.
Designation by the NIFC as a fire approved radio qualifies the BKR 9000 for purchase by the Department of the Interior (DOI) for use in federal wildland fire operations, as well as for use by cooperator aviation radios and forest health protection. As a multiband radio, the BKR 9000 provides agencies with the capability to operate on all four Land Mobile Radio (LMR) frequency bands, on conventional or P25 trunked radio systems in urban centers such as New York City, in rural communities, and on wildland fire incidents. The BKR 9000 also provides superior interoperability across federal, state, and local agencies, and private contractors working with the NIFC. The BKR 9000 joins the BKR 5000 single band radio which received NIFC approval in March of 2021.
John Suzuki, CEO of BK Technologies, commented, "We're very pleased to have received NIFC approval for the BKR 9000 multiband radio. With NIFC fire approval, the BKR 9000 can now be used across all federal wildland fire operations as well as operating on an agency's ‘home' radio system, eliminating the need for the agency to purchase two separate single band radios. We believe that providing a single radio platform to support all agency operations will be an attractive cost saving option for both our existing and new customers. With this designation from NIFC, both the BKR 9000 multiband and BKR 5000 single band radios are now approved for use by the United States federal government in their wildland fire operations."
About BK Technologies
BK Technologies Corporation 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
SOURCE: BK Technologies Corporation
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FAQ
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