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Genasys Inc - GNSS STOCK NEWS

Welcome to our dedicated page for Genasys news (Ticker: GNSS), a resource for investors and traders seeking the latest updates and insights on Genasys stock.

Overview of Genasys Inc

Genasys Inc (NASDAQ: GNSS) is an innovative provider of protective communications solutions that span cutting-edge hardware and sophisticated software platforms. The company is dedicated to ensuring that organizations, public safety agencies, and military forces are "Ready when it matters™" by delivering real-time, multi-channel alerts through its advanced LRAD (Long Range Acoustic Device) offerings and the comprehensive Genasys Protect software platform. Utilizing industry-leading technologies, Genasys integrates sensor data, IoT inputs, and targeted acoustic messaging to enable immediate and intelligible communication during a range of emergency scenarios.

Core Business Segments

Genasys operates two primary business segments: Hardware and Software. The hardware segment focuses on the design and distribution of LRAD systems. These systems provide directed sound solutions capable of transmitting clear voice messages and alert tones over distances spanning several kilometers. This technology is meticulously engineered for diverse applications, including maritime security, perimeter protection, and large-scale emergency warnings. In parallel, the software segment encompasses the Genasys Protect platform. This platform collects and analyzes diverse data streams from sensors and IoT devices to assess evolving situations and distribute life-saving alerts swiftly and accurately through various channels.

Technological Integration and Capabilities

At the heart of Genasys’ offering is its ability to fuse robust hardware with smart, data-driven software solutions. The LRAD systems are engineered with rugged reliability for both fixed and mobile deployments in harsh conditions, ensuring that audible alerts retain clarity even in noisy environments. The Genasys Protect platform incorporates advanced analytics and real-time decision support, enabling emergency managers to trigger notifications, warnings, and instructions with precision. This integration not only enhances operational response times but also supports proactive measures in the face of active threats and critical events.

Industry Applications and Market Reach

Genasys serves a broad spectrum of sectors across the globe. Its applications include:

  • Public Safety and Emergency Management: Facilitates rapid communication during natural disasters, mass emergencies, and critical public events by enabling early warnings and strategic evacuations.

  • Government and Military: Supports tactical operations and enhances situational awareness through indisputable long-range communication solutions that aid in de-escalation and threat assessment.

  • Critical Infrastructure Protection: Safeguards key installations and facilities, including ports, dam infrastructures, and border security zones, with comprehensive alert and notification systems.

  • Enterprise and Commercial Sectors: Improves crisis management in industries like oil and gas, utilities, manufacturing, and automotive, where rapid decision-making is crucial for operational continuity.

Competitive Position and Market Significance

Genasys Inc has established a significant presence within the emergency communications market, leveraging extensive experience and expertise in acoustic technology and data analytics. Its portfolio not only serves as a robust solution for immediate threat communication but also provides critical decision support through integrated software solutions. This dual approach enables Genasys to address a wide range of scenarios where clear, targeted communication is vital for mitigating risk and saving lives. The company’s balanced emphasis on hardware reliability and software intelligence positions it distinctively against competitors, particularly in high-stakes environments that require precise, scalable communication solutions.

Operational Excellence and Industry Expertise

The management team at Genasys boasts a deep reservoir of experience in engineering, manufacturing, operations, and marketing. This interdisciplinary expertise ensures that the technology is not only innovative but also rigorously aligned with the complex demands of modern emergency management and protective communications. By consistently integrating technical innovation with practical application, Genasys builds trust and demonstrates authoritative leadership in its sector.

Conclusion

With a steadfast commitment to protecting lives during critical events, Genasys Inc continues to evolve its technology and solutions. Its comprehensive approach—melding robust LRAD hardware with a dynamic, data-focused software platform—cements its role as a pivotal player in the global protective communications landscape. The company’s offerings remain evergreen, delivering reliable, clear communication during emergencies and ensuring that organizations are equipped with the tools needed for rapid, informed decision-making.

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Genasys Inc. (NASDAQ: GNSS) has announced a 5-year contract with Los Angeles County to expand the use of Genasys Protect EVAC across the entire county. This expansion aims to reduce evacuation time and improve the speed of relaying public information to impacted areas. The platform allows for targeted evacuation zones, improving situational awareness, decision-making time, and communication with agencies. The company's CEO expressed commitment to the success of the project, highlighting the adoption of Genasys Protect EVAC by 36 out of 58 California counties.
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Genasys Inc. (NASDAQ: GNSS) CEO and SVP are set to participate in the iAccess Alpha Tax Loss Recovery Summit Virtual Conference on January 9-10, 2024. CEO Richard Danforth will present at 12:30 EST on January 9 and host one-on-one meetings on January 10.
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Genasys Inc. (NASDAQ: GNSS) announced financial results for fiscal Q4 and full year 2023, highlighting a 43% increase in recurring software revenue, partnerships with Tablet Command and Ladris, and a 100% year-over-year growth expectation for fiscal 2024 software revenue.
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Genasys, Inc. (NASDAQ: GNSS) announced sales of $750,000 worth of Protective Communications solutions to three companies in the nuclear energy and oil & gas sectors. The contracts include the Genasys Protect integrated platform and advanced acoustic devices, to be deployed at sites in the central, southwestern, and southeastern United States.
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Genasys Inc. (NASDAQ: GNSS) has announced a new foreign military sales (FMS) contract award for a Middle Eastern defense force, worth more than two million USD. The contract will deploy Genasys’ long-range acoustic hailing devices (LRADs) on multiple ships and shore installations across the country’s Navy. With a focus on maritime operations, Genasys' technology is in high demand, providing clear voice communications at thousands of meters out. The company's leadership in the acoustic hailing market has led to installations on 26 international Navies and Coast Guards, showcasing the world’s militaries’ commitment to Genasys’ technologies.
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Genasys Inc. (GNSS) plans to release financial results for its fiscal year ending September 30, 2023, after market close on December 7, 2023. A conference call to discuss the results will be held at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time. Dial-in and webcast details are available on the company's website.
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Genasys Inc. (NASDAQ: GNSS) partners with Ladris Technologies, Inc. to provide advanced disaster evacuation modeling solutions, revolutionizing emergency response capabilities.
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Genasys Inc. has announced that the New Hampshire Department of Safety's Division of Emergency Services and Communications has replaced its emergency notification system with Genasys Protect. The platform allows for targeted multi-channel alerting and provides actionable information for the community.
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Genasys Inc. announces $1 million contract with U.S. Army to design and build CROWS-AHD prototypes.
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Genasys Inc. completes acquisition of Evertel Technologies, enhancing protective communications for public safety.
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FAQ

What is the current stock price of Genasys (GNSS)?

The current stock price of Genasys (GNSS) is $1.94 as of April 4, 2025.

What is the market cap of Genasys (GNSS)?

The market cap of Genasys (GNSS) is approximately 87.6M.

What primary solutions does Genasys Inc offer?

Genasys provides a comprehensive suite of protective communications solutions including advanced LRAD hardware and the Genasys Protect software platform for emergency alerting.

How does the Genasys Protect platform function?

The platform aggregates data from a variety of sensors and IoT inputs, applies predictive analytics, and facilitates real-time alerts and notifications to enhance situational awareness during emergencies.

Which market segments does Genasys serve?

Genasys serves a diverse range of sectors including public safety agencies, government and military organizations, critical infrastructure protection, and commercial enterprises across multiple regions.

What are LRAD systems and their applications?

LRAD systems are Long Range Acoustic Devices capable of transmitting directed, intelligible sound messages over long distances, and are used for emergency warnings, maritime security, and perimeter protection.

How does Genasys integrate hardware and software solutions?

The company seamlessly combines its rugged, high-performance LRAD hardware with a dynamic software platform that leverages data analytics from sensors to provide timely, multi-channel communications.

What distinguishes Genasys' approach in the competitive landscape?

Genasys distinguishes itself through its dual focus on reliable hardware and intelligent software solutions, offering a robust and integrated system designed to respond effectively to a wide range of emergency scenarios.

How does Genasys ensure the clarity and reliability of its communication systems?

Through state-of-the-art engineering and rigorous testing, Genasys LRAD systems deliver ultra-intelligible messages even in challenging environments, while the software platform ensures rapid and coordinated alert dissemination.
Genasys Inc

Nasdaq:GNSS

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87.62M
41.57M
6.98%
52.57%
1.72%
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