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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 Inc. (Nasdaq: SYTA/SYTAW) announced that Glenn Kennedy, VP of International Sales, will attend the Inaugural EF Hutton Global Conference on May 10-11, 2023, at the Plaza Hotel, New York City. This exclusive event will host approximately 150 public and private companies, allowing them to present their stories to institutional investors and high-net-worth individuals.
The conference covers diverse sectors, including Technology, Healthcare, and Financial Services, offering up to 8 meetings daily. This unique forum will enhance communication between corporate executives and investors across the EF Hutton platform.
Siyata Mobile focuses on Push-to-Talk over Cellular devices and cellular booster systems, enhancing communication for first responders and enterprise workers.
Siyata Mobile Inc. (Nasdaq: SYTA/SYTAW) has announced a partnership with Two Way Direct, a key player in two-way radio communication solutions, to distribute its SD7 Push-to-Talk (PTT) device. This collaboration aims to enhance Siyata's reach into the traditional two-way radio market. The SD7 is designed for first responders and enterprise clients, offering robust features such as excellent sound quality, IP68 rating for dust and water resistance, and compatibility with global cellular networks. The SD7 operates over a high bandwidth 4G LTE network, ensuring reliable connectivity. With this partnership, Two Way Direct will provide Siyata’s rugged handsets along with a low-cost subscription model, facilitating instant communication across various devices without the need for additional infrastructure.
Siyata Mobile Inc. (Nasdaq: SYTA/SYTAW) announces that Entropia Investments BV will start selling its mission-critical PoC SD7 solution to enterprise customers in Europe starting Q2 2023. Entropia, a leader in secure mobile communication services, has a rich history of serving emergency services and various industries. The SD7 device, operating on 4G LTE networks, offers superior push-to-talk functionalities, suitable for harsh environments, and eliminates the need for costly infrastructure investments. The European Land Mobile Radio market is projected to reach $3 billion by 2027, presenting a significant opportunity for Siyata. CEO Marc Seelenfreund expressed confidence in the partnership, emphasizing the SD7's potential to improve communications for first responders and enterprises across multiple regions.
Siyata Mobile announced a significant order exceeding $600,000 for its SD7 Handsets from a school district in the Southwest U.S., marking its largest order in the education sector.
This order underscores the growing demand for effective communication tools in schools, particularly for safety staff and teachers. With over 115,000 schools and four million teachers in the U.S., the education sector presents a major market opportunity. The SD7 Handsets will enhance communication during emergencies and routine operations, providing reliable connectivity regardless of location.
Siyata Mobile Inc. (NASDAQ:SYTA, SYTAW) announced a collaboration with CrisisGo to enhance emergency communication through cellular paging services. This partnership targets first responders and healthcare personnel, combining Siyata's SD7 handset with CrisisGo's Panic app to provide two-way communication across cellular and WiFi networks. The wireless paging systems market is projected to reach $722 million by 2027, with applications extending beyond emergency response into sectors like logistics and healthcare. The SD7 features rugged design and operates on 4G LTE networks, promising reliable connectivity for mission-critical communication.
Siyata Mobile (NASDAQ:SYTA) announced the appointment of Zoila Hernandez as Director of Sales, bringing over 20 years of sales experience, including her tenure at AT&T FirstNet. Siyata's CEO expressed confidence that Hernandez's expertise will enhance sales of their SD7 rugged Push-to-Talk solution. The SD7 has gained traction across various sectors, including emergency services and schools, and is certified for use with major carriers like AT&T and Verizon. This development aims to increase market share and drive further sales as clients transition from trials to commercial deployments.
Siyata Mobile Inc. has announced the successful certification and approval of its mission-critical PoC (MCPTT) SD7 solution by Telstra, Australia's largest wireless carrier. Sales of the SD7 are expected to commence in Q2 2023, targeting enterprise and government customers. This rugged Android-based device supports push-to-talk communications over high-bandwidth 4G LTE networks. Key features include an IP68 rating for water and dust resistance, drop protection, and no need for additional infrastructure such as radio towers. The SD7 enhances communication for first responders and enterprise clients, enabling efficient and reliable connectivity.
Siyata Mobile Inc. (NASDAQ:SYTA, SYTAW) will participate in the International Wireless Communications Expo (IWCE) 2023 in Las Vegas from March 27-30. The company will exhibit its SD7 Mission Critical Push-To-Talk solution and the SD7+ with an integrated body camera at Booth 2125, alongside Verizon Frontline. This event brings together critical communications technology professionals focused on enhancing safety across various sectors. Siyata's collaboration with CrisisGo Inc. will also be showcased, highlighting the Panic App's role in emergency communication systems for schools and businesses.
Siyata Mobile Inc. (NASDAQ:SYTA, SYTAW) announced the successful deployment of its mission critical push-to-talk (MCPTT) solution during the 2023 Special Olympics New York Winter Games. For the second consecutive year, the company provided its SD7 MCPTT solution to support security personnel and volunteers, ensuring safe communications amid challenging weather conditions. The SD7 device operates over a 4G LTE network, requiring no additional infrastructure like radio towers. It offers essential features for first responders, aiming to enhance public safety.
Siyata Mobile Inc. has launched the T600 Cellular Booster, aimed at enhancing signal strength and reception for T-Mobile 5G enterprise customers. This innovative device promises crystal clear voice quality and rapid data speeds, facilitating productivity even in areas with poor cellular connectivity. According to CEO Marc Seelenfreund, the T600 is a next-generation solution tailored for corporate users. The T600's easy installation makes it apt for improving network performance in remote locations and large office buildings. For further details, visit the Siyata website.
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