Welcome to our dedicated page for Siyata Mobile news (Ticker: SYTA), a resource for investors and traders seeking the latest updates and insights on Siyata Mobile stock.
Siyata Mobile, Inc. (SYTA) is a B2B global developer and vendor known for its innovation in Push-to-Talk over Cellular (PoC) handsets and accessories. Established in 2010, the company made its mark with the world's first 3G fixed truck phone. Building on this success, Siyata introduced the Voyager connected vehicle smartphone in 2013 and the portable Bagfone, extending connectivity to remote areas.
The company specializes in vehicle-mounted, cellular-based communications platforms over advanced 3G mobile networks and cellular booster systems. Siyata serves a range of rugged business-to-business environments, including first responders, enterprise customers, construction workers, security guards, government agencies, and more. With operations in the USA, Canada, EMEA, and Australia, Siyata derives the majority of its revenue from the USA.
Siyata's flagship products include the SD7 handset and related accessories, which are now stocked by three of the four largest U.S. wireless carriers. The SD7 is the only direct radio replacement device offered by wireless carriers, making it a popular choice across various verticals such as schools, first responders, security, and construction. Recent orders for the SD7 and its accessories are valued at over $2.2 million.
The company's innovative product line is complemented by enterprise-grade in-vehicle solutions and cellular booster systems, enhancing communication in areas with weak cellular signals. Siyata's solutions are marketed through leading North American cellular carriers and international distributors.
Siyata has recently expanded its product portfolio with the introduction of the SD7 Wired Palm Mic Pro with AI Noise Cancellation. This device features advanced AI technology to isolate the human voice while suppressing background noise, making it ideal for loud environments.
Financially, Siyata reported a 30% revenue growth, a higher gross margin, and improved Adjusted EBITDA for Q1 2024. The company's liquidity remains strong, bolstered by a recent public offering that raised approximately $4 million. Siyata's continuous innovation and strategic partnerships position it as a global leader in the $10 billion PoC market.
Siyata shares trade on Nasdaq under the symbol "SYTA", and its warrants under the symbol "SYTAW". For more information, visit www.siyata.net and unidencellular.com.
Siyata Mobile (NASDAQ: SYTA) has been recognized by T-Mobile as a key partner in their T-Priority 5G First Responder initiative. This recognition came through T-Mobile's press release following their landmark connectivity deal with New York City, where Siyata was named as part of 'The Most Advanced 5G Ecosystem for First Responders.'
The announcement aligns with a recent editorial published on February 11, 2025, discussing how direct-to-cell satellite connectivity services present an opportunity for Siyata. Additionally, the company has indicated it will soon announce a 'Pivotal Corporate Milestone,' which is suggested to be more significant than the T-Mobile partnership announcement.
Siyata Mobile (NASDAQ: SYTA) has formed a strategic partnership with JVCKenwood and secured availability on major carriers including AT&T, Verizon, and T-Mobile. The company is targeting the $7 billion Push-to-Talk over Cellular (PoC) market as businesses transition from traditional Land Mobile Radio (LMR) systems.
The JVCKenwood partnership provides Siyata access to thousands of distributors across North America, particularly in public safety, security, logistics, and enterprise sectors. Additionally, Siyata's SD7 Ultra series 5G mission-critical push-to-talk handsets are now available on T-Mobile's 5G network, offering enhanced communication capabilities for first responders.
These partnerships aim to accelerate market adoption, reduce sales cycles, and create new revenue streams as organizations seek nationwide, cost-effective communication solutions.
Siyata Mobile (NASDAQ: SYTA) has announced plans for an exclusive online press conference to reveal what they describe as the 'most significant development in its history.' The company, a B2B developer of Push-To-Talk over Cellular handsets and accessories, serves first responders and enterprise workers, enabling instant communication over cellular networks.
The company's products are currently used by various organizations including police, fire, ambulance services, schools, utilities, security companies, hospitals, and waste management companies. The press conference, which will take place 'as soon as practicable,' is expected to showcase an announcement that the company claims will 'redefine its trajectory.'
Siyata Mobile (Nasdaq: SYTA) has secured a new order for SD7 handsets and accessories from a leading Canadian gaming and entertainment company. The customer, which operates multiple gaming, entertainment, and hospitality venues across Canada, will implement the SD7 handsets for Push-to-Talk (PTT) communications among security and maintenance teams.
This order represents Siyata's initial entry into the gaming and casino industry, marking a strategic expansion into a sector with significant growth potential. The customer is transitioning from traditional Land Mobile Radio (LMR) two-way radios to advanced Push-to-Talk over Cellular (PoC) technology, choosing Siyata's solution for its reliability, cost-effectiveness, and superior audio clarity.
Siyata Mobile (NASDAQ: SYTA) is gaining attention for its potential expansion into direct-to-cell satellite connectivity services for its push-to-talk (PTT) device markets. The company reported significant growth with a record-breaking quarterly revenue in Q3 2024, marking a 200% year-over-year increase.
The company is preparing for a major shareholder event, described as a 'Value Creation Event,' which is anticipated to be a significant announcement that could redefine the company's trajectory. While specific details and timing remain undisclosed, Siyata encourages stakeholders to stay informed through their investor relations portal and social media channels.
247marketnews.com published an editorial about the Push-to-Talk (PTT) market's growth and its impact on Siyata Mobile (NASDAQ: SYTA). The PTT market, valued at $33 billion in 2023, is projected to reach $84 billion by 2032, showing a CAGR of over 11%. The Cellular Push-to-Talk (PoC) segment is expected to lead this growth, driven by increasing cellular network adoption.
The technology is gaining traction in first responder, transportation, construction, and logistics industries. PoC solutions are particularly attractive to businesses with mobile workforces due to their flexibility and improved coverage. Siyata Mobile has announced an upcoming Value Creation Event to discuss strategic developments with stakeholders.
Siyata Mobile (NASDAQ: SYTA) has announced plans to relocate its 4G and 5G PTT handset manufacturing operations from China to the United States in 2025. The company expects to begin US manufacturing operations in Q1 2025, marking a strategic move to enhance global sales opportunities, particularly in the US market.
CEO Marc Seelenfreund highlighted that this relocation will help shorten delivery lead times and improve logistics infrastructure, especially beneficial for governmental agencies and first responders who value American-made products. The company reported notable achievements in 2024, including record quarterly revenue of $5.9 million, representing a 200% year-over-year increase.
Siyata is also preparing for what it describes as the most significant development in its history, with plans to hold a shareholder event to announce transformative developments resulting from months of strategic negotiations.
Siyata Mobile (Nasdaq: SYTA), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, has announced a delay in their planned online press conference. The conference, intended to showcase significant developments, will be rescheduled to take place 'as soon as practicable.'
CEO Marc Seelenfreund emphasized the company's commitment to ensuring all communications are accurate, compliant, and reflective of the company's progress, citing these factors as reasons for the delay. He expressed gratitude to shareholders for their patience and ongoing support.
The company has advised shareholders to stay connected through press releases and notifications for real-time updates regarding the rescheduled press conference timing.
Siyata Mobile (NASDAQ: SYTA) is preparing to host a significant 'Wealth Creation Event' for shareholders, marking their first-ever advance notice of a press conference. The company is currently finalizing the details of this groundbreaking announcement.
Over the past year, Siyata has achieved several milestones including: the launch of their SD7 push-to-talk over cellular device for first responders, expansion of strategic partnerships with mobile carriers and technology providers, obtaining new product certifications for the SD7, securing additional tier-one carrier distribution agreements, and achieving record year-over-year revenue growth.
While specific details about the upcoming event remain undisclosed, the company emphasizes its significance for stakeholders and encourages investors to stay informed through their investor relations portal.
Siyata Mobile (Nasdaq: SYTA) has secured a significant order for several thousand SD7 handsets and accessories from a major western U.S. transit authority. The transit agency, which serves tens of millions of passengers annually, is transitioning from traditional radio-based communication systems to Push-to-Talk over Cellular (PoC) technology.
This transition represents a modernization of the agency's communications infrastructure, aimed at providing seamless and reliable communication for employees managing trains, buses, and supporting infrastructure operations. The order demonstrates Siyata's continued sales momentum in the transit and public works sectors across the United States.
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