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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 announced a strategic partnership with JVCKenwood USA to offer Siyata's SD7 handsets under the Kenwood brand. The collaboration will make these rugged Push-to-Talk over Cellular (PoC) devices available to JVCKenwood's channel partners and critical customers.
JVCKenwood, forecasting 2025 revenue of approximately US$2.5 billion, is one of the top 3 LMR/PTT companies globally. Through this partnership, Siyata's rebranded accessories will gain access to a network of over 5,000 global distributors across the Americas, EMEA, Asia-Pacific, and China.
The partnership aims to enhance communications during critical situations and improve operations, safety, and security by integrating POC into JVCKenwood's core LMR technology portfolio.
Siyata Mobile (Nasdaq: SYTA) announces its mention in a JVCKenwood press release regarding Push-to-Talk over Cellular (PoC) handsets. The collaboration leverages JVCKenwood's extensive North American dealer network and brand recognition to expand Siyata's market reach in the U.S. and Canada.
The Kenwood PoC Handsets will be showcased at two major industry events: the NRF 2025 Expo in New York City (January 12-14) and WoC 2025 in Las Vegas (January 20-23). JVCKenwood specializes in manufacturing analog and digital two-way radios, including DMR Tier II, P25 compliant, and NEXEDGE radios, serving various sectors including utility, public safety, government, education, healthcare, and business markets.
Siyata Mobile (Nasdaq: SYTA) has announced two significant developments. First, the company has postponed its press conference originally scheduled for January 9, 2025, to focus on pursuing an immediate business opportunity. The conference will be rescheduled later this month.
Additionally, the company has secured a substantial order from a major transit authority for over 2,000 SD7 handsets and accessories, which will replace the authority's existing mobile land radios. The delivery is expected in Q1 2025.
Siyata Mobile Inc. (SYTA) has announced a 1-for-10 reverse stock split effective December 27, 2024. The split aims to comply with Nasdaq's $1.00 minimum bid price requirement for continued listing. Following the split, SYTA will continue trading under the same symbol with a new CUSIP number 83013Q 889.
The reverse split will automatically convert every 10 current shares into one new share. All outstanding stock options, warrants, and convertible securities will be adjusted accordingly. No fractional shares will be issued, with all fractions rounded up to the next whole number. The split won't affect the par value or authorized number of shares.
Siyata Mobile (NASDAQ: SYTA) has announced an exclusive online press conference scheduled for January 9, 2025, at 4:30 p.m. ET, where the company plans to unveil what it describes as the most significant development in its history. CEO Marc Seelenfreund emphasized that the company is entering a transformative phase, following months of strategic negotiations and execution.
The announcement, published by 247marketnews.com, highlights the importance of this upcoming milestone event. Shareholders are strongly encouraged to attend the press conference to understand the significant implications for 2025.
Siyata Mobile (Nasdaq: SYTA) is set to announce a pivotal corporate milestone on January 9, 2024, at 4:30 p.m. ET during an exclusive online press conference. The announcement is described as the most significant development in the company's history and is the result of months of strategic negotiations. CEO Marc Seelenfreund encourages shareholders to attend to understand the implications for 2025.
Siyata Mobile is rapidly establishing itself as a leader in the Push-to-Talk over Cellular (PoC) industry, with recent achievements including a record-breaking quarterly revenue of $5.9 million, representing a 200% year-over-year increase. The company has also secured a $2.5 million order for Q1 2025 and a significant order from a Dutch transportation company, marking a milestone in its international expansion. The launch of the SD7 Ultra Series 5G devices has garnered global attention, reinforcing Siyata's position in mission-critical communications.
Details on how to join the press conference will be released shortly, and media representatives are encouraged to RSVP or request additional information by contacting IR@siyata.net.
Siyata Mobile (Nasdaq: SYTA) announces an upcoming press conference on January 9, 2025, at 4:30 p.m. ET to reveal a pivotal corporate milestone. The company, a global developer of Push-to-Talk over Cellular (PoC) handsets and accessories, has recently achieved significant growth with record-breaking quarterly revenue of $5.9 million, representing a 200% year-over-year increase.
The company has secured a $2.5 million order for Q1 2025 and expanded internationally with a notable order from a major Dutch transportation company. Siyata's SD7 Ultra Series 5G devices are gaining global recognition, strengthening its position in mission-critical communications. CEO Marc Seelenfreund emphasizes that this upcoming announcement represents the culmination of months of strategic negotiations and will have significant implications for 2025.
Siyata Mobile (SYTA) has secured its first major order in The Netherlands from a prominent national Dutch transportation company. The order consists of 550 SD7 handsets to be delivered in Q4 2024, marking a significant milestone in the company's international expansion beyond North America.
The order demonstrates Siyata's growing presence in the global Push-to-Talk over Cellular (PoC) industry. The company's PoC devices offer advantages over traditional two-way radios, including superior coverage, enhanced audio clarity, and cost efficiency. While the U.S. remains Siyata's primary focus, this Dutch contract highlights the international appeal of their communication solutions.
Siyata Mobile (NASDAQ: SYTA) has announced plans to relocate its manufacturing operations from China to the United States in 2025. This strategic move encompasses both current 4G and next-generation 5G PTT handset production. CEO Marc Seelenfreund expressed optimism about the company's position, noting that capital expenditures have improved all performance metrics.
The company has scheduled an upcoming press conference to announce what they describe as a 'next level shareholder value creation event.' This development comes at a time when Seelenfreund claims the company is in its strongest position since inception.
Siyata Mobile (Nasdaq: SYTA) announced an upcoming press event scheduled for late December 2024 to showcase a significant material development. The company, which develops Push-to-Talk over Cellular handsets and accessories, reported several recent achievements: record quarterly revenue of $5.9 million (200% year-over-year increase), a $2.5 million order for Q1 2025, and the launch of next-generation SD7 Ultra Series 5G mission-critical push-to-talk handsets for T-Mobile's network. CEO Marc Seelenfreund stated the company is in its strongest position ever, with improved performance metrics across the board.
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