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BK Technologies Corporation (NYSE American: BKTI) is a distinguished leader in the public safety communications industry, catering to the needs of government agencies and public safety professionals worldwide. Headquartered in West Melbourne, Florida, the company specializes in the design, manufacturing, and marketing of high-specification communications equipment known for their exceptional reliability and value.
BK Technologies operates through two primary business units: the Radio business unit, which focuses on two-way land mobile radios (LMRs) for government and public safety markets, as well as industrial and commercial enterprises; and the SaaS business unit, which enhances first responders' safety and efficiency through innovative public safety smartphone applications.
The company’s product portfolio includes the BKR Series, featuring the BKR 5000 and BKR 9000 multiband radios, known for their compliance with APCO Project 25 specifications. These radios are utilized globally under the BK Radio and Relm brand names, supporting lifecycle upgrades and critical operations for various public safety agencies.
Recently, BK Technologies has experienced significant growth, as evidenced by their financial results for the third quarter of 2023, which saw a 68% increase in revenue and a return to profitability. The company has secured major purchase orders from prominent agencies such as the National Interagency Incident Communications Division and the Bureau of Land Management, reinforcing the demand and trust in their products.
In addition to their robust product lineup, BK Technologies continues to innovate with the introduction of the BKRplay IntelliPTT feature, which enables push-to-talk-over-broadband capabilities between smartphones and BKR Series radios. This advancement is set to enhance the operational capabilities of first responders significantly.
The company’s strategic move to outsource manufacturing to East West Manufacturing aims to simplify supply chain management, reduce production costs, and focus on core competencies in development and marketing. This transition is expected to improve gross margins and ensure uninterrupted production and shipping.
BK Technologies remains committed to serving public safety professionals with superior communications solutions. Their dedication to innovation, quality, and reliability continues to drive their growth and market presence.
For more information, visit their website at www.bktechnologies.com or contact them at 1-800-821-2900.
BK Technologies Corporation (NYSE American: BKTI) announced the selection of its BKR 5000 communications technology by the Boardman Fire & Rescue District in Oregon. This technology will be utilized for Wildland Fire operations and features a high-visibility yellow housing, integrated GPS, and a robust design. The BKR 5000 is designed to adapt to various missions, enhancing BK's presence in new vertical markets. President Tim Vitou emphasized their commitment to supporting public safety professionals with reliable equipment.
BK Technologies Corporation (NYSE American: BKTI) has announced that its BKR 5000 communications technology has successfully passed the Alaska Land Mobile Radio (ALMR) testing. This certification allows the BKR 5000 to be integrated into Alaska's statewide emergency response system, serving over 122 government agencies and first responders. Designed for tough public safety environments, the BKR 5000 features Bluetooth, GPS, and a rugged IP68 housing, enhancing BK's market position and enabling growth in new verticals.
BK Technologies Corporation (NYSE American:BKTI) will hold an investor conference call on May 13, 2021, at 9:00 AM ET, to discuss its financial results for the first quarter ending March 31, 2021. The financial results will be released before the call. Interested parties can join the call by dialing 888-506-0062 (international: 973-528-0011) with entry code 415220 or via webcast at www.bktechnologies.com. A replay will be available until May 27, 2021.
BK Technologies Corporation (NYSE American:BKTI) announced the expansion of its PCB assembly capabilities in Florida through the addition of high-specification SMT equipment, which is expected to double production capacity. This initiative aims to enhance quality, reduce costs, and ensure a secure supply chain, particularly for U.S. Government agencies amid rising security concerns. Full production is anticipated by May 2021. The expansion supports the KNG product line and the launch of the new BKR line, aligning with the company's strategic focus on U.S.-based manufacturing for better quality control and efficiency.
BK Technologies Corporation (NYSE American: BKTI) announced an award from the National Interagency Fire Center (NIFC) for its KNG2-P150 and KNG2-P400 communications technology. President Tim Vitou expressed pride in supplying NIFC, which focuses on efficient wildland firefighting. The KNG2 solutions feature enhanced audio, bright displays, and are certified for durability (IP67/IP68). These products are designed for military and emergency services, offering advanced connectivity options. BK Technologies specializes in public safety communications, providing reliable equipment to government agencies.
BK Technologies Corporation (NYSE American:BKTI) announced the order of its BKR 5000 communication devices by the Washington Department of Natural Resources (WA DNR). This order highlights WA DNR's confidence in BK Technologies’ reliable public safety products. The BKR 5000 offers customizable options to meet the demands of today's public safety communications. BK’s ability to enter significant new markets with this launch is expected to drive growth and expand its market share.
BK Technologies Corporation (NYSE American: BKTI) has announced a one-year extension of its contract with Alberta Health Services (AHS) for the provision of critical P25 800MHz communication technology. Initially established in 2015, this contract is now valid through March 31, 2022. AHS is Canada's largest health care provider, using about 3,000 communication devices across various facilities. BK's President, Tim Vitou, expressed optimism about the extension, viewing it as a testament to AHS's confidence in BK. This partnership is seen as a stepping stone for BK's international growth ambitions.
BK Technologies Corporation (NYSE American: BKTI) announced approval from the U.S. Department of the Interior for its BKR 5000 Digital P25 communications technology. This allows DOI agencies to purchase the BKR 5000 for high-risk fire and law enforcement use. The technology passed all risk assessments and is designed for tough public safety environments, incorporating features such as Bluetooth and GPS. The BKR 5000 is expected to enhance market share and open new vertical markets for BK Technologies.
BK Technologies Corporation (NYSE American: BKTI) announced the purchase of its BKR 5000 from a Kentucky Chapter of a global environmental organization with over 1 million members. This order signifies the organization's ongoing trust in BK Technologies and its products, particularly in communication interoperability with federal agencies. The BKR 5000 offers customization tailored to public safety communications and features enhancements such as Bluetooth and GPS. The new radio model aims to capture significant new vertical markets for expanded growth.
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