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Silynxcom Receives Order from the U.S. Air Force for Innovative Headsets

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Silynxcom (NYSE American: SYNX), a manufacturer of ruggedized tactical communication headset devices, has received a new order from the United States Air Force for its innovative tactical communication products. This marks the first order for a new system configuration custom-designed for the U.S. Air Force.

CEO Nir Klein expressed honor in being chosen to supply high-end equipment to the U.S. Air Force, viewing it as a strong vote of confidence in Silynxcom's solutions and market understanding. The company has experienced growing demand for its products from leading military and law enforcement organizations in recent months, with increasing global awareness of their technology.

Silynxcom (NYSE American: SYNX), un produttore di dispositivi per cuffie per comunicazioni tattiche robuste, ha ricevuto un nuovo ordine dalla Forza Aerea degli Stati Uniti per i suoi innovativi prodotti di comunicazione tattica. Questo rappresenta il primo ordine per una nuova configurazione di sistema progettata su misura per la Forza Aerea degli Stati Uniti.

Il CEO Nir Klein ha espresso il suo onore per essere stato scelto per fornire attrezzature di alta gamma alla Forza Aerea degli Stati Uniti, vedendolo come un forte segno di fiducia nelle soluzioni e nella comprensione del mercato di Silynxcom. L'azienda ha registrato una crescente domanda per i suoi prodotti da parte di importanti organizzazioni militari e di forze dell'ordine negli ultimi mesi, con un crescente riconoscimento globale della loro tecnologia.

Silynxcom (NYSE American: SYNX), un fabricante de dispositivos de auriculares de comunicación táctica robustos, ha recibido un nuevo pedido de la Fuerza Aérea de los Estados Unidos para sus innovadores productos de comunicación táctica. Este es el primer pedido para una nueva configuración del sistema diseñada a medida para la Fuerza Aérea de los Estados Unidos.

El CEO Nir Klein expresó su honor por haber sido elegido para suministrar equipos de alta gama a la Fuerza Aérea de los Estados Unidos, viéndolo como un fuerte voto de confianza en las soluciones y la comprensión del mercado de Silynxcom. La empresa ha experimentado una creciente demanda de sus productos por parte de importantes organizaciones militares y de aplicación de la ley en los últimos meses, con un aumento en la conciencia global sobre su tecnología.

Silynxcom (뉴욕증권거래소: SYNX), 견고한 전술 통신 헤드셋 장치의 제조업체가 미국 공군으로부터 혁신적인 전술 통신 제품에 대한 새로운 주문을 받았습니다. 이는 미국 공군을 위해 맞춤 설계된 새로운 시스템 구성에 대한 첫 주문입니다.

CEO 니 클라인(Nir Klein)은 미국 공군에 고급 장비를 공급하게 된 것을 영광으로 생각하며, 이를 실린스컴 솔루션 및 시장 이해에 대한 강력한 신뢰의 표시로 봅니다. 회사는 최근 몇 달 동안 주요 군사 및 법 집행 기관으로부터 제품에 대한 수요 증가를 경험하고 있으며, 그들의 기술에 대한 글로벌 인식이 높아지고 있습니다.

Silynxcom (NYSE American: SYNX), un fabricant d'appareils de casque de communication tactique robustes, a reçu une nouvelle commande de la Force Aérienne des États-Unis pour ses produits de communication tactique innovants. C'est la première commande pour une nouvelle configuration de système conçue sur mesure pour la Force Aérienne des États-Unis.

Le PDG Nir Klein a exprimé son honneur d'avoir été choisi pour fournir du matériel haut de gamme à la Force Aérienne des États-Unis, le considérant comme un fort vote de confiance dans les solutions de Silynxcom et sa compréhension du marché. L'entreprise a connu une demande croissante pour ses produits de la part d'organisations militaires et de forces de l'ordre de premier plan ces derniers mois, avec une prise de conscience mondiale croissante de leur technologie.

Silynxcom (NYSE American: SYNX), ein Hersteller von robusten taktischen Kommunikationskopfsets, hat eine neue Bestellung von der U.S. Air Force für seine innovativen taktischen Kommunikationsprodukte erhalten. Dies ist die erste Bestellung für eine neue Systemkonfiguration, die speziell für die U.S. Air Force entworfen wurde.

CEO Nir Klein äußerte sich geehrt, gewählt worden zu sein, um hochwertige Ausrüstung an die U.S. Air Force zu liefern, und sieht dies als ein starkes Vertrauenssignal in Silynxcoms Lösungen und Markteinschätzung. Das Unternehmen verzeichnete in den letzten Monaten eine steigende Nachfrage nach seinen Produkten von führenden Militär- und Strafverfolgungsorganisationen, mit wachsendem globalen Bewusstsein für ihre Technologie.

Positive
  • Received a new order from the United States Air Force
  • First order for a custom-designed system configuration for the U.S. Air Force
  • Growing demand for products from military and law enforcement organizations
  • Increasing global awareness of Silynxcom's technology
Negative
  • None.

Insights

This order from the U.S. Air Force represents a significant breakthrough for Silynxcom in the highly competitive defense communications market. Securing a contract with a major military branch like the USAF is a strong endorsement of the company's technology and customization capabilities. The custom-designed configuration suggests Silynxcom has successfully addressed specific Air Force requirements, potentially opening doors for further military contracts.

However, investors should note that the order size and financial details are not disclosed, making it challenging to quantify the immediate impact on Silynxcom's revenue. The company's small market cap of $15.5 million means even modest orders could significantly affect its financial performance. The mention of "growing demand" from military and law enforcement organizations is promising, but without concrete figures, it's difficult to gauge the scale of this growth.

This development could be a turning point for Silynxcom if it leads to a series of follow-on orders or expands their footprint within the U.S. military ecosystem. Investors should watch for future announcements detailing contract values and any expansion into other military branches or allied forces.

This is the first order that the Company has received for a new Silynxcom system configuration custom designed for the U.S. Air Force

Netanya, Israel, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, announced that it has received a new order from the United States Air Force for its innovative tactical communication products. 

“We are honored to be chosen to supply high-end equipment to the U.S. Air Force. We have won this order based on a new system configuration, customized for the U.S. Air Force. We believe this symbolizes a strong vote of confidence in our solutions and our understanding of the market’s evolving needs,” commented Nir Klein, Chief Executive Officer of Silynxcom. “In the last few months, we’ve experienced a growing demand for our products from leading military and law enforcement organizations, as awareness for our technology continues to increase worldwide. We believe this order is another important milestone for the Company and the interest in its communications solutions from leading clients.”

About Silynxcom Ltd.

Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses: the belief that this order reflects confidence in Silynxcom’s solutions and its understanding of the market’s evolving needs; and increasing awareness for the Company’s technology. Forward-looking statements are based on Silynxcom’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

INVESTOR RELATIONS CONTACTS:

Michal Efraty
IR Manager
ir@silynxcom.com


FAQ

What new order has Silynxcom (SYNX) received from the U.S. Air Force?

Silynxcom has received an order from the U.S. Air Force for its innovative tactical communication products, specifically a new system configuration custom-designed for the Air Force.

How does the U.S. Air Force order impact Silynxcom's (SYNX) market position?

The order is seen as a strong vote of confidence in Silynxcom's solutions and market understanding, potentially strengthening its position in the tactical communication equipment market.

What recent trends has Silynxcom (SYNX) observed in demand for its products?

Silynxcom has experienced growing demand for its products from leading military and law enforcement organizations in recent months, with increasing global awareness of their technology.

Who commented on the significance of the U.S. Air Force order for Silynxcom (SYNX)?

Nir Klein, Chief Executive Officer of Silynxcom, commented on the significance of the order, expressing honor in being chosen to supply high-end equipment to the U.S. Air Force.

Silynxcom Ltd.

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