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.
SYTA news historically related to Siyata Mobile Inc., a company that described itself as a B2B global developer and vendor of next-generation Push-To-Talk over Cellular (PoC) handsets and accessories. Company press releases highlighted how its rugged PTT handsets and accessories were used by first responders and enterprise workers to communicate over nationwide cellular networks, and how it supported these devices with enterprise-grade in-vehicle solutions and cellular booster systems.
Earlier SYTA-linked news often focused on product milestones and partnerships in the mission-critical communications space. Examples include announcements that Siyata’s SD7 device was designated "Verizon Frontline Verified" for use on the Verizon Frontline network for first responders, collaborations with ESChat to support critical communications at large events, and partnerships with RAM Mounts to provide in-vehicle mounting solutions tailored to Siyata’s handsets. These updates illustrated the company’s efforts to align its hardware with specialized networks and software platforms used by public safety and enterprise customers.
More recent disclosures connected to the same corporate entity document a strategic shift driven by a merger with Core Gaming, Inc. Press releases describe Core Gaming as an international AI-driven mobile games developer and publisher, and detail its AI-powered applications such as AI COMIC and other creative tools. Following the merger and name change to Core AI Holdings, Inc., news coverage expanded to include AI-based media platforms, music and voice generation technologies and broader AI application initiatives.
Investors and observers using the SYTA news page can review this archive to trace the evolution from Siyata Mobile’s mission-critical communications focus to the AI- and gaming-oriented profile of Core AI Holdings, Inc. For ongoing developments, company announcements and SEC filings now reference the Core AI Holdings name and the CHAI trading symbol.
Siyata Mobile reported Q2 2022 revenues of $970k, reflecting a significant 172% increase year-over-year. Key agreements with North American carriers and international distributors are enhancing sales of the new SD7 rugged push-to-talk device. Adjusted EBITDA improved to -$3.36M, compared to -$4.61M a year prior, while net losses decreased from -$10.86M to -$4.30M. The company ended the quarter with a cash balance of $4.05M. Management expressed optimism for sustained growth in Q3 2022.
Siyata Mobile will showcase its next-generation SD7 mission-critical push-to-talk over cellular device at the APCO 2022 conference from August 7-10 in Anaheim, California. This rugged Android-based device operates on the 4G LTE network, offering reliable communication for first responders and enterprise clients without the need for additional infrastructure like radio towers. CEO Marc Seelenfreund noted significant sales progress since its debut last year. The SD7 aims to modernize communication for public safety professionals, addressing limitations of traditional Land Mobile Radios.
Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) announced that its SD7 rugged devices provided essential emergency communications at the World Athletics Championships in Oregon, attended by approximately 55,000 visitors. The devices enabled clear communication among security and emergency medical personnel, improving operational efficiency. CEO Marc Seelenfreund highlighted the growing adoption of SD7 technology, which operates seamlessly over the FirstNet network. This event marks a significant opportunity for Siyata to showcase its innovative technology in a high-profile environment.
Siyata Mobile (Nasdaq: SYTA/SYTAW) announces the availability of its SD7 rugged mission-critical push-to-talk (MCPTT) device, integrated with TASSTA's industry-leading PTT solutions. This device targets diverse industries such as emergency services, healthcare, and transportation, enhancing communication capabilities and situational awareness.
The SD7 offers robust features including IP68 rating, long battery life, and connectivity via high-bandwidth 4G LTE networks, eliminating the need for additional infrastructure. This advancement expands Siyata’s market opportunities and meets the needs of first responders and enterprise clients.
Siyata Mobile Inc. (SYTA/SYTAW) has entered into an agreement with Azetti Networks, a provider of competitive carrier-grade services, to distribute its SD7 rugged mission-critical push-to-talk (MCPTT) device through Azetti's sales channels. This partnership aims to penetrate the multi-billion-dollar Land Mobile Radio market, with the SD7 designed for harsh environments. Azetti, headquartered in Madrid, has a growing footprint and a diverse client base, which includes major companies like Vodafone and Orange, enhancing Siyata's reach globally.
Siyata Mobile has launched a new High Power User Equipment (HPUE) antenna designed for Assured Wireless' AW12-Mega-Mobile modem, specifically for the FirstNet network. This innovation utilizes the 700 MHz Band 14 spectrum, allowing for a significant increase in LTE signal range—up to 80% compared to typical LTE devices. The HPUE modem operates at 1.25 Watts, enhancing connectivity for first responders in challenging environments. CEO Marc Seelenfreund emphasized the importance of this technology for improving communication efficiency among emergency services.
Siyata Mobile Inc. (NASDAQ:SYTA, SYTAW) has partnered with Logic Wireless Europe Ltd. to launch the SD7 rugged Push-to-Talk device integrated with ChatterPTT. This device aims to enhance communication for first responders and public services across the UK, Australia, New Zealand, and the Pacific Islands. The SD7 allows seamless communication on unified public cellular networks. Siyata's CEO expressed confidence in its potential to replace traditional land mobile radio devices. This partnership marks another step in Siyata's commitment to improve enterprise communications.
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Siyata Mobile Inc. (SYTA/SYTAW) announces the launch of its rugged SD7 device on UScellular's network, a major player with 4.8 million customers. The SD7 is designed to disrupt the traditional Land Mobile Radio market by offering enhanced coverage and functionality through a high-bandwidth 4G LTE connection. It features a durable design suitable for harsh environments, eliminating the need for traditional radio infrastructures. This collaboration marks Siyata's third U.S. carrier partnership, expanding its reach to first responders and enterprise personnel nationwide.
Siyata Mobile Inc. has announced the commercial launch of its SD7 rugged device, available through AT&T's enterprise channels and the FirstNet network. This device aims to replace traditional Land Mobile Radio systems, providing superior coverage and functionality for enterprise customers. With a robust design, the SD7 meets the needs of industries such as construction and government, enabling reliable communication without the need for additional infrastructure. AT&T services 201.8 million subscribers, positioning Siyata to effectively leverage this large customer base.
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