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SPYR INC - SPYR STOCK NEWS

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

SPYR Inc. (OTCQB: SPYR) is a dynamic holding company dedicated to publishing mobile games and apps through its wholly-owned subsidiary. The company is actively exploring strategic acquisitions across various sectors to expand its portfolio, drive revenue growth, and increase shareholder value. Learn more at SPYR Games.

Recent Achievements:

  • GeoTraq, a subsidiary of SPYR, recently introduced a groundbreaking miniature tracking device designed for discreet and seamless integration into various tracking applications. This device features global connectivity, extended battery life, and versatile applications, making it a revolutionary product in the world of asset tracking.
  • SPYR is focused on expanding its footprint in the Internet of Things (IoT) sector through its GeoTraq business. GeoTraq develops ultra-small IoT modules designed for asset tracking and remote monitoring, offering products like Tracker-M and Sensor-M modules that cater to various industry needs.

Core Business:

SPYR Inc. engages primarily in the publication of mobile games and apps, with a vision to expand into other lucrative verticals. Its subsidiary, GeoTraq, is a standout in the IoT space, developing compact and innovative tracking solutions that leverage advanced cellular technology for global connectivity and real-time monitoring.

Current Projects:

  • Continuing the development of GeoTraq's Micro-Tracker™ Modem, a cutting-edge solution offering unparalleled precision and global connectivity for asset tracking.
  • Strategically identifying and targeting new acquisition opportunities to diversify and strengthen its technological and market position, particularly in AI and smart technology products.

Financial Condition:

SPYR Inc. is committed to increasing revenue and generating substantial profits by expanding its product offerings and exploring new market opportunities. This strategy aims to build significant value for its shareholders.

Partnerships & Products:

GeoTraq's innovative IoT modules have positioned SPYR as a notable player in the technology sector. These modules report location data and measure various environmental variables, streamlining business processes and enhancing operational efficiency. SPYR's mobile games and apps also continue to be a crucial part of its business strategy, attracting a diverse user base.

Rhea-AI Summary

SPYR, Inc. dba SPYR Technologies (OTCQB: SPYR) announced the pre-orders of their new MagixStatus cables, targeting the growing IoT smart home and connected car markets. According to Dr. Harald Zink, CEO of Applied Magix, these cables represent a significant innovation in charging technology. Customers can benefit from a 20% presales discount, with shipments expected within 30 days. SPYR aims to expand its product offerings through acquisitions and product development in the AI and smart tech sectors.

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SPYR Technologies (OTCQB: SPYR), through its subsidiary Applied Magix, focuses on developing Apple-compatible products in the expanding IoT smart home and connected car markets. CEO Tim Matula announced the introduction of Dr. Harald Zink, Founder and CEO of Applied Magix, emphasizing the importance of transparency and connection with their audience. Dr. Zink shared his diverse background in engineering and technology, which led to the inception of Applied Magix. The company is looking to grow by targeting acquisitions in AI and smart tech sectors.

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SPYR Technologies (OTCQB: SPYR) expands its MagixDrive commercial schedule, enhancing visibility for its wireless CarPlay device. The new airings began on February 7, aiming to increase consumer awareness following a positive initial response. CEO Dr. Harald Zink expressed confidence for greater customer discovery. The MagixDrive, along with MagixBlock Data Blockers and a MagixCharge power adapter, is available for $199.99. SPYR continues to target IoT and connected car markets, focusing on growth through acquisitions in smart technology.

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SPYR Technologies has launched the MagixCharge, a dual-port USB Type-C car charger. Designed by Applied Magix, the charger delivers 30 watts of power across two ports, enabling faster charging for multiple devices. Available at $29.99 for the standalone unit or $199.99 as part of the MagixDrive TV Bundle, this product targets the expanding IoT smart home and connected car markets. SPYR continues to seek acquisitions to enhance its product offerings.

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News
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SPYR Technologies (OTCQB:SPYR) is focusing on the Internet of Things (IoT) market through its subsidiary, Applied Magix, developing products compatible with the Apple ecosystem. The global IoT market is projected to grow from $381.30 billion in 2021 to $1,854.76 billion by 2028, with a CAGR of 25.4%. SPYR aims to expand its presence by targeting acquisitions and creating proprietary products, enhancing connectivity in homes and cars. Recent news highlights SPYR's proactive strategy in sharing its business developments.

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SPYR Technologies (OTCQB: SPYR), a tech company focused on the Apple ecosystem, announces the launch of the MagixStatus line of USB Type-C charging cables. These cables provide real-time charging status and compatibility with Apple Lightning and USB Type-C devices. CEO Dr. Harald Zink highlighted positive feedback from testers, indicating strong market interest. The products will be available following Q1 as part of the 'Totally Convenient™' line, positioning SPYR to tap into the expanding IoT smart home and connected car markets.

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SPYR Technologies (OTCQB: SPYR) has launched its MagixBlock USB DataBlocker, now available in a universal package containing both USB-A and USB-C versions for $29.99. This product caters to customers who wish to protect their iOS devices while traveling, particularly in vehicles with less advanced systems. The MagixBlock DataBlocker is part of the company's 'Totally Convenient™' product line, which targets the expanding IoT smart home and connected car markets. SPYR is focused on developing and reselling Apple-compatible products through its subsidiary, Applied Magix.

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SPYR Technologies has engaged Emerging Markets Consulting, LLC (EMC) for investor and public relations services, aiming to enhance brand visibility and market share. EMC specializes in supporting small to mid-sized public companies. SPYR's CEO, Tim Matula, expressed optimism about the partnership, expecting it to unlock significant market potential. EMC's President, James Painter, highlighted SPYR's strong prospects as a reason for the collaboration. SPYR focuses on products compatible with the Apple ecosystem within the booming IoT Smart Home and Connected Car sectors.

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SPYR Technologies has expanded its marketing campaign for the MagixDrive, a wireless CarPlay device, following successful test airings that reached over one million viewers. The campaign, managed by TVA Media Group and BB3 Advertising, aims to increase ad frequency targeting the ideal customer demographic. CEO Dr. Harald Zink praised the partnership for creating an effective advertising strategy. The MagixDrive can be purchased through a dedicated landing page and Applied Magix's website.

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SPYR Technologies has completed production of its TV commercials promoting the MagixDrive product, targeted for airing during the week of December 27, 2021. These commercials, produced by TVA Media Group, are expected to reach over one million viewers. This initial test will gather data to optimize future airings and viewer engagement. Consumers can order the MagixDrive via a dedicated landing page or phone, enhancing accessibility. The company continues to focus on expanding its presence in the IoT Smart Home and Connected Car markets.

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FAQ

What is the market cap of SPYR (SPYR)?

The market cap of SPYR (SPYR) is approximately 35.1K.

What does SPYR Inc. specialize in?

SPYR Inc. specializes in publishing mobile games and apps through its subsidiary and develops innovative IoT solutions via its GeoTraq business.

What is GeoTraq?

GeoTraq is a subsidiary of SPYR Inc. that develops ultra-small IoT modules for asset tracking and remote monitoring, offering products like Tracker-M and Sensor-M modules.

What recent product did GeoTraq introduce?

GeoTraq recently introduced a miniature tracking device featuring global connectivity, extended battery life, and versatile applications for various tracking needs.

What markets does SPYR Inc. target?

SPYR Inc. targets the mobile gaming market and the IoT sector, with plans to expand into AI and smart technology products.

What are SPYR Inc.'s core business operations?

SPYR Inc.'s core business operations include publishing mobile games and apps and developing innovative IoT solutions through its subsidiary, GeoTraq.

How is SPYR Inc. increasing its market footprint?

SPYR Inc. is increasing its market footprint by exploring strategic acquisitions and expanding its product offerings, particularly in the IoT and AI sectors.

What is the GeoTraq Micro-Tracker™ Modem?

The GeoTraq Micro-Tracker™ Modem is a cutting-edge asset tracking solution offering real-time, precise, and reliable location data with global connectivity.

Where is SPYR Inc. headquartered?

SPYR Inc. is headquartered at 6700 Woodlands Parkway, Ste 230 #331, The Woodlands, TX 77382.

How does GeoTraq's technology benefit businesses?

GeoTraq's technology benefits businesses by providing precise real-time location data, global connectivity, and extended battery life, reducing maintenance efforts and enhancing operational efficiency.

How can I learn more about SPYR Inc.’s products?

You can learn more about SPYR Inc.'s products by visiting their websites at www.spyrgames.com for mobile games and www.GeoTraq.com for IoT solutions.

SPYR INC

OTC:SPYR

SPYR Rankings

SPYR Stock Data

35.07k
709.85M
0.56%
Software - Infrastructure
Technology
Link
United States of America
The Woodlands