Genasys Announces International LRAD Law Enforcement and Defense Orders
Genasys Inc. (NASDAQ: GNSS) has announced new international orders for its LRAD (Long Range Acoustic Device) systems. The company received a law enforcement order from a West African country and a follow-on defense order from Damen Schelde Naval Shipbuilding B.V. The West African order will see LRAD systems mounted on police vehicles for public safety operations and crowd communication. Damen has exercised an option to equip two more German Navy F-126 frigates with multiple LRAD 950NXT systems.
Genasys CEO Richard Danforth noted that these orders, along with previously announced orders from the EU, Middle East, and APAC regions, indicate a rebound in international LRAD business. Peter Ayre, VP of EMEA Business Development, highlighted increasing demand for LRAD's communication capabilities due to escalating regional tensions and civil unrest. LRAD systems can broadcast clear voice messages and alert tones up to 5,500 meters and are used globally in various applications including public safety, defense, and critical infrastructure protection.
Genasys Inc. (NASDAQ: GNSS) ha annunciato nuovi ordini internazionali per i suoi sistemi LRAD (Long Range Acoustic Device). L'azienda ha ricevuto un ordine da un paese dell'Africa occidentale per le forze dell'ordine e un ordine successivo dalla Damen Schelde Naval Shipbuilding B.V. L'ordine dall'Africa occidentale prevede l'installazione di sistemi LRAD sui veicoli della polizia per operazioni di sicurezza pubblica e comunicazione con le folle. Damen ha esercitato un'opzione per dotare due ulteriori fregate F-126 della Marina tedesca di più sistemi LRAD 950NXT.
Il CEO di Genasys, Richard Danforth, ha sottolineato che questi ordini, insieme agli ordini precedentemente annunciati dall'UE, dal Medio Oriente e dalla regione APAC, indicano una ripresa nel business internazionale degli LRAD. Peter Ayre, VP dello Sviluppo Aziendale EMEA, ha evidenziato la crescente domanda per le capacità di comunicazione degli LRAD a causa dell'escalation delle tensioni regionali e dei disordini civili. I sistemi LRAD possono trasmettere messaggi vocali chiari e toni di allerta fino a 5.500 metri e sono utilizzati a livello globale in diverse applicazioni, tra cui la sicurezza pubblica, la difesa e la protezione delle infrastrutture critiche.
Genasys Inc. (NASDAQ: GNSS) ha anunciado nuevos pedidos internacionales para sus sistemas LRAD (Dispositivo Acústico de Largo Alcance). La compañía recibió un pedido de las fuerzas del orden de un país de África Occidental y un pedido adicional de Damen Schelde Naval Shipbuilding B.V. El pedido de África Occidental verá sistemas LRAD instalados en vehículos policiales para operaciones de seguridad pública y comunicación con multitudes. Damen ha ejercido una opción para equipar dos fragatas F-126 de la Armada alemana con múltiples sistemas LRAD 950NXT.
El CEO de Genasys, Richard Danforth, destacó que estos pedidos, junto con otros anunciados previamente desde la UE, el Medio Oriente y la región de APAC, indican una recuperación en el negocio internacional de LRAD. Peter Ayre, VP de Desarrollo Comercial EMEA, subrayó la creciente demanda de las capacidades de comunicación de LRAD debido a las crecientes tensiones regionales y disturbios civiles. Los sistemas LRAD pueden transmitir mensajes de voz claros y tonos de alerta hasta 5,500 metros y se utilizan a nivel mundial en diversas aplicaciones, incluyendo la seguridad pública, la defensa y la protección de infraestructuras críticas.
Genasys Inc. (NASDAQ: GNSS)는 LRAD (장거리 음향 장치) 시스템에 대한 새로운 국제 주문을 발표했습니다. 이 회사는 서아프리카 국가로부터 법 집행 기관의 주문과 Damen Schelde Naval Shipbuilding B.V.로부터의 후속 방어 주문을 받았습니다. 서아프리카 주문은 경찰 차량에 LRAD 시스템이 장착되어 공공 안전 작전 및 군중 소통에 사용될 것입니다. Damen은 독일 해군 F-126 프리깃 두 대에 여러 LRAD 950NXT 시스템을 장착하기 위한 옵션을 행사했습니다.
Genasys의 CEO 리차드 댄포스는 이러한 주문이 EU, 중동 및 APAC 지역에서 기존에 발표된 주문과 함께 국제 LRAD 비즈니스의 반등을 나타낸다고 언급했습니다. EMEA 비즈니스 개발 담당 부사장인 피터 에이어는 증가하는 지역 긴장과 시민 불안으로 인해 LRAD의 통신 능력에 대한 수요가 증가하고 있음을 강조했습니다. LRAD 시스템은 최대 5,500미터까지 명확한 음성 메시지와 경고음을 방송할 수 있으며, 공공 안전, 방어 및 중요 기반 시설 보호를 포함한 다양한 응용 분야에서 전 세계적으로 사용됩니다.
Genasys Inc. (NASDAQ: GNSS) a annoncé de nouvelles commandes internationales pour ses systèmes LRAD (Dispositif Acoustique à Longue Portée). L'entreprise a reçu une commande de forces de l'ordre d'un pays d'Afrique de l'Ouest ainsi qu'une commande de défense supplémentaire de Damen Schelde Naval Shipbuilding B.V. La commande d'Afrique de l'Ouest prévoit l'installation de systèmes LRAD sur des véhicules de police pour des opérations de sécurité publique et de communication avec la foule. Damen a exercé une option pour équiper deux autres frégates F-126 de la Marine allemande avec plusieurs systèmes LRAD 950NXT.
Richard Danforth, le PDG de Genasys, a noté que ces commandes, ainsi que celles précédemment annoncées dans l'UE, au Moyen-Orient et dans la région APAC, indiquent une reprise de l'activité internationale des LRAD. Peter Ayre, VP du développement commercial EMEA, a souligné la demande croissante pour les capacités de communication des LRAD en raison de l'escalade des tensions régionales et des troubles civils. Les systèmes LRAD peuvent diffuser des messages vocaux clairs et des tonalités d'alerte jusqu'à 5 500 mètres et sont utilisés dans le monde entier dans diverses applications, notamment la sécurité publique, la défense et la protection des infrastructures critiques.
Genasys Inc. (NASDAQ: GNSS) hat neue internationale Aufträge für seine LRAD (Long Range Acoustic Device) Systeme bekannt gegeben. Das Unternehmen erhielt einen Auftrag von einer Strafverfolgungsbehörde aus einem westafrikanischen Land sowie eine Folgeauftrag von Damen Schelde Naval Shipbuilding B.V. Der Auftrag aus Westafrika sieht vor, dass LRAD-Systeme auf Polizeifahrzeugen für öffentliche Sicherheitsoperationen und zur Kommunikation mit Menschenmengen montiert werden. Damen hat die Option genutzt, zwei weitere F-126-Fregatten der Deutschen Marine mit mehreren LRAD 950NXT-Systemen auszustatten.
Richard Danforth, der CEO von Genasys, stellte fest, dass diese Aufträge, zusammen mit zuvor angekündigten Aufträgen aus der EU, dem Nahen Osten und der APAC-Region, auf eine Erholung im internationalen LRAD-Geschäft hindeuten. Peter Ayre, VP für Geschäftsentwicklung EMEA, hob die steigende Nachfrage nach den Kommunikationsmöglichkeiten der LRAD-Systeme aufgrund zunehmender regionaler Spannungen und Bürgerunruhen hervor. LRAD-Systeme können klare Sprachnachrichten und Alarmtöne bis zu 5.500 Metern übertragen und werden weltweit in verschiedenen Anwendungen eingesetzt, einschließlich öffentlicher Sicherheit, Verteidigung und Schutz kritischer Infrastruktur.
- New law enforcement LRAD order received from a West African country
- Follow-on defense order from Damen Schelde Naval Shipbuilding B.V. for German Navy frigates
- Indication of rebounding international LRAD business
- Increasing demand for LRAD systems due to global security concerns
- None.
Insights
The recent LRAD orders for Genasys demonstrate a growing international demand for non-lethal crowd control and communication systems. The West African law enforcement order and the follow-on order from Damen for German Navy frigates highlight the versatility of LRAD technology across different security applications.
These orders are part of a broader trend of increasing global security concerns, with escalating regional tensions and civil unrest driving demand for advanced communication tools. For Genasys, this represents a positive business momentum, particularly in recovering international markets.
However, investors should note that while these orders signal market traction, the financial impact remains undisclosed. The company's ability to capitalize on anticipated future orders will be important for sustained growth. The diverse applications of LRAD technology across public safety, defense and maritime sectors provide multiple revenue streams, potentially reducing market-specific risks.
Genasys's recent orders reflect a strategic positioning in the global security market. The company is capitalizing on two key trends:
- Increasing demand for non-lethal law enforcement tools in developing countries
- Ongoing modernization of naval forces in developed nations
The West African order suggests potential for market expansion in emerging economies, while the Damen order demonstrates strong relationships with major defense contractors. This dual approach could lead to a more diversified and resilient revenue stream.
However, investors should consider the potential volatility in these markets. Political changes or budget constraints in client countries could impact future orders. Additionally, the lack of financial details makes it challenging to assess the immediate impact on Genasys's bottom line.
Overall, these orders indicate positive momentum, but a closer look at the company's order book and revenue recognition timeline would be necessary to fully evaluate the long-term impact on Genasys's financial performance.
SAN DIEGO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, today announced a new law enforcement LRAD order for a West African country and a follow-on defense order from Damen Schelde Naval Shipbuilding B.V. (Damen). LRAD systems will be mounted on police vehicles and used by law enforcement in the West African country for public safety operations and crowd communication. From an order announced in June, Damen has exercised the option to outfit two more German Navy F-126 frigates with multiple LRAD 950NXT systems.
“International LRAD business continues to rebound with these orders and the EU, Middle East, and APAC orders announced this summer,” said Richard Danforth, Chief Executive Officer of Genasys. “Further international orders for our Long Range Acoustic Devices are anticipated this calendar year.”
Peter Ayre, Genasys Vice President of EMEA Business Development, said, “Escalating regional tensions and ongoing civil unrest are increasing demand for LRAD’s essential clear communication capabilities to warn and notify, establish large safety zones, deescalate dangerous situations, minimize the use of force, and save lives.”
LRAD systems broadcast attention-commanding voice messages and alert tones with exceptional clarity from close range to 5,500 meters. LRAD systems are in service around the world in diverse applications, including public safety, law enforcement, defense, border and homeland security, critical infrastructure protection, fire rescue, emergency management, maritime and port security, and wildlife preservation.
About Genasys Inc.
Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company’s Long Range Acoustic Devices (LRAD®), the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are “Ready when it matters™.” Protecting people and saving lives for over 40 years, Genasys covers more than 70 million people in over 100 countries worldwide, including more than 550 U.S. cities. For more information, visit genasys.com.
Forward-Looking Statements
Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts, epidemics or pandemics, and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2023. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
FAQ
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