Welcome to our dedicated page for Supercom news (Ticker: SPCB), a resource for investors and traders seeking the latest updates and insights on Supercom stock.
SuperCom Ltd (SPCB) is frequently featured in news coverage as a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, with a strong focus on electronic monitoring and public safety programs. Company announcements highlight new contracts, project launches, and expansion into additional U.S. states and international markets.
Recent press releases describe SuperCom winning national and regional electronic monitoring (EM) contracts, including national projects in European countries and multiple agreements with juvenile probation agencies, community corrections agencies, and service providers across the United States. These projects often involve GPS-based tracking, domestic violence monitoring, home detention monitoring, and broader offender supervision programs delivered through the company’s PureSecurity Suite and proprietary monitoring platforms.
News items also cover SuperCom’s progress in displacing incumbent EM technology vendors, entering new states such as Texas, North Carolina, Missouri, and Wisconsin, and securing its first state-level Department of Corrections contract in the United States through a strategic partnership in Arizona. Additional updates include national contracts in Germany and other Western European countries, as well as domestic violence monitoring projects in the EMEA region.
Investors and observers following SPCB news can expect updates on contract awards, geographic expansion, partnerships with regional service providers, financial performance highlights, and participation in investor conferences. This mix of operational and financial news provides context on how SuperCom’s identity, security, and electronic monitoring technologies are being adopted by government agencies and organizations worldwide.
SuperCom (NASDAQ: SPCB) has signed a new contract with a Canadian electronic monitoring service provider, expanding its North American presence. The partnership involves deploying SuperCom's PureSecurity Suite, potentially replacing hundreds of GPS monitoring units. The Canadian partner, with over 25 years of industry experience, manages GPS monitoring programs for justice and public safety clients.
Since mid-2024, SuperCom has secured over 20 new electronic monitoring contracts in the U.S. and expanded into 8 new states, including Arizona, Kentucky, and Utah. This marks their fourth regional service provider collaboration in the past year. The company has also won several government contracts across Europe and EMEA, including their seventh national domestic violence project.
SuperCom (NASDAQ: SPCB), a global provider of secured solutions for e-Government, IoT, and Cybersecurity sectors, has scheduled its first quarter 2025 financial results conference call for May 14, 2025, at 10:00 a.m. Eastern time. The company will release its financial results for the quarter ended March 31, 2025, via press release before the call.
Founded in 1988, SuperCom specializes in traditional and digital identity solutions, offering e-government platforms and innovative solutions for biometrics enrollment, personalization, issuance, and border control services. The company also provides RFID & mobile technology solutions for healthcare, security, community public safety, law enforcement, electronic monitoring, and domestic violence prevention.
SuperCom has won a new electronic monitoring contract in Utah through a competitive bidding process, marking its eighth new U.S. state expansion in less than a year. The contract, awarded by a regional Court Support Services agency, will implement GPS-based tracking technology across multiple populations including adult, juvenile, pretrial, and diversion groups.
The agreement features both equipment purchases and a daily service rate model, creating recurring revenue opportunities. The program allows for future expansion into SuperCom's 24/7 Monitoring Center services. This expansion contributes to SuperCom's growing presence in the U.S. electronic monitoring market, which is projected to reach $2.3 billion by 2028.
CEO Ordan Trabelsi highlighted that winning against established providers demonstrates their GPS platform's strength and market confidence. The company, founded in 1988, specializes in digital identity solutions and e-Government platforms, providing security solutions to governments and organizations worldwide.
SuperCom (NASDAQ: SPCB) reported record-breaking financial results for FY 2024, marking significant achievements across key metrics. Revenue increased 4% to $27.6 million, with gross margin expanding to 48.4%. The company achieved its first full-year GAAP profitability since 2015 with a net income of $661,000.
Q4 2024 showed revenue growth of 11.6% to $6.33 million, though it recorded a net loss of $1.86 million due to one-time items including $1.5 million in bad debt expense. The company's four-year transformation (2020-2024) demonstrated substantial growth, with revenue increasing 134% from $11.8 million in 2020.
Recent business highlights include securing over 20 new electronic monitoring contracts across the US, expanding into seven new states, and winning national contracts in Israel and European countries. SuperCom also reduced its outstanding debt by 32% and raised over $16 million in early 2025 through a Registered Direct Offering and warrant exercises.
SuperCom (NASDAQ: SPCB), a global provider of secured solutions for e-Government, IoT and Cybersecurity sectors, has scheduled its fourth quarter and full year 2024 financial results conference call for April 28, 2025, at 10:00 a.m. Eastern time. The company will release its financial results via press release before the call.
The conference call will feature a management presentation followed by a Q&A session, with multiple dial-in options available including U.S. toll-free (888-506-0062), Israel toll-free (1-809-423-853), and international (973-528-0011) numbers. The call will be accessible via webcast at the provided link.
SuperCom (NASDAQ: SPCB) has secured a new electronic monitoring (EM) contract in Kentucky, expanding its U.S. presence. The contract, awarded through a direct agreement with a government agency, involves deploying SuperCom's advanced GPS tracking technology under a per-unit daily lease model.
The solution is part of SuperCom's PureSecurity platform, featuring real-time location tracking, secure communication, and anti-tamper features designed to enhance public safety and streamline offender compliance monitoring. The company's President and CEO, Ordan Trabelsi, highlighted this achievement as evidence of growing recognition of their technology and strong reputation among local agencies throughout Kentucky.
SuperCom (NASDAQ: SPCB) has secured a new contract with a Midwest-based service provider to expand its electronic monitoring technology into Wisconsin, Minnesota, and Michigan. The partnership enables SuperCom to introduce its GPS and domestic violence monitoring solutions through a provider with over a decade of experience in community supervision programs.
The service provider selected SuperCom's proprietary domestic violence technology after thorough evaluation, noting its innovative architecture combining advanced security features with interactive mobile experience. This marks SuperCom's third regional service provider partnership in 2025, contributing to their expansion which has driven over 20 new U.S. contracts since summer 2024.
The collaboration will integrate SuperCom's PureSecurity Suite, featuring smartphone integration, secure communication, anti-tamper mechanisms, fingerprint biometrics, and extended battery life, into the provider's existing service offerings for enhanced public safety and supervision programs.
SuperCom (NASDAQ: SPCB) has secured a new contract with an Arizona-based service provider, marking its entry into its seventh new U.S. state since summer 2024. The partner, with over 25 years of experience in criminal justice rehabilitation services, will introduce SuperCom's electronic monitoring (EM) technology across Arizona, including potential opportunities with the State Department of Corrections.
The service provider will integrate SuperCom's advanced EM technology with its existing portfolio of court-approved programs, which include behavioral health treatment and domestic violence intervention. This partnership represents part of SuperCom's expansion strategy, which has resulted in over 20 new customer contracts since summer 2024.
SuperCom's PureSecurity Suite offers electronic monitoring capabilities with features including smartphone integration, secure communication, anti-tamper mechanisms, fingerprint biometrics, and extended battery life.
SuperCom (NASDAQ: SPCB) has secured its seventh national Domestic Violence (DV) electronic monitoring project in EMEA. The new program will implement SuperCom's PureTrack GPS and PureProtect technology to enhance public safety and victim protection.
The project is scheduled to launch in the next two quarters of 2025, with potential for long-term expansion. The solution provides real-time tracking, secure communication, and enhanced offender compliance monitoring, enabling law enforcement agencies to respond more effectively to domestic violence incidents and enforce protective orders.
This marks SuperCom's seventh national DV program, reinforcing its position in the electronic monitoring solutions market. The company's technology has been successfully deployed across multiple national programs, demonstrating growing demand and continued market expansion in the e-Government, IoT, and Cybersecurity sectors.
SuperCom (NASDAQ: SPCB) announced significant growth in its PureTrack GPS monitoring units within a major European nationwide electronic monitoring (EM) project. The company achieved over 200% growth in unit count by January 2025 and projects to exceed 400% growth by the end of 2025.
The expansion primarily focuses on the PureTrack GPS tracking component of SuperCom's PureSecurity suite, which enables continuous monitoring of offenders while allowing them mobility outside their homes. The unexpected surge in unit numbers demonstrates strong demand for the company's technology solutions and services in the European market.
The PureSecurity Suite includes advanced features such as smartphone integration, secure communication, anti-tamper mechanisms, fingerprint biometrics, voice communication, touch screens, and extended battery life.
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