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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. 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.
Siyata Mobile (NASDAQ:SYTA, SYTAW) announced a $750,000 order for its next-generation MCPTT solution from an independent emergency management service. This order includes the SD7 devices and accessories designed for robust communication in challenging conditions. The SD7 enables reliable push-to-talk communications for first responders via 4G LTE networks, eliminating the need for costly infrastructure investments. This order showcases Siyata's expanding footprint in the emergency response sector and solidifies its position in providing essential communication tools for critical situations.
Siyata Mobile Inc. has successfully entered the hospitality industry with a significant order for its next-generation MCPTT solution, which includes the SD7 device, from a multi-billion-dollar integrated resort and residential development in The Bahamas. This order follows a successful pilot project, marking a key win for Siyata in this new vertical. The SD7 device enhances communication among various personnel within the resort, ensuring effective collaboration and operational efficiency. Siyata's solutions allow for seamless communications without the need for additional infrastructure, utilizing existing cellular networks across North America and internationally.
Siyata Mobile Inc. (Nasdaq: SYTA/SYTAW) has secured follow-on orders totaling approximately $400,000 from a prominent Saudi Arabian cellular carrier, bringing total cumulative orders since 2019 to over $1.7 million. The orders are intended for the deployment of the Uniden UV350, a 4G/LTE communication device designed for emergency response vehicles. This news reflects the strong relationship between Siyata and the customer, highlighting the value of their products in high-risk situations. The UV350 is the only FirstNet Ready device in its category, addressing a growing demand for reliable Push-to-Talk over Cellular solutions.
Siyata Mobile Inc. (NASDAQ:SYTA, SYTAW) has announced the launch of its rugged SD7 device on T-Mobile's IoT data network, marking a significant milestone as all major U.S. carriers now offer the SD7. The company aims to disrupt the $13 billion Land Mobile Radio (LMR) market by providing a superior alternative. The SD7 is designed for first responders and enterprise customers, featuring 4G LTE connectivity, an IP68 rating for durability, and no need for infrastructure investment. This expansion could enhance Siyata's market reach and solidify its competitive position.
Siyata Mobile Inc. (NASDAQ: SYTA, SYTAW) has partnered with RadioTrader, the UK and Ireland's top two-way radio supplier, to distribute its SD7 rugged PoC device and VK7 vehicle kit. This agreement aims to penetrate the multi-billion-dollar Land Mobile Radio industry. RadioTrader, leveraging its 20 years of experience, will provide enhanced connectivity across various sectors such as agriculture, aviation, and retail. The SD7 offers superior audio quality and durability, eliminating the need for traditional radio infrastructure.
Siyata Mobile Inc. (SYTA, SYTAW) announces the launch of its rugged SD7 device by Bell Mobility, set for Q4 2022. This device targets the multi-billion dollar Land Mobile Radio (LMR) market, promising improved functionality and cost efficiency. The SD7 features Push-To-Talk capabilities over 4G LTE, IP68 ratings for durability, and eliminates the need for additional infrastructure. Its certification by major North American carriers bolsters Siyata's presence in Push-to-Talk over Cellular markets.
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