Vislink Technologies, Inc. - VISL STOCK NEWS

Vislink (Nasdaq: VISL) will showcase its latest innovations in aerial-based video communications for public safety and broadcasting at the HAI HELI-EXPO 2022 in Dallas, TX, from March 7-10.

Key features include the Quantum Receiver integrated into the Airborne Video Downlink System (AVDS), enhancing capabilities for the MilGov sector. The AVDS allows for real-time video streaming through various networks, ensuring robust situational awareness and operational flexibility. CEO Mickey Miller highlighted the system's compatibility with existing aircraft platforms.

Vislink (Nasdaq: VISL) will showcase its advanced 5G technologies at the Mobile World Congress 2022 in Barcelona from February 28 to March 3. Partnering with Dorna Sports and MotoGP, Vislink aims to enhance sports broadcasting with cutting-edge solutions, evidenced by their role in the first standalone 5G network test at Silverstone. The event coincides with the starting of the 2022 MotoGP World Championship in Qatar, marking a significant opportunity for Vislink to demonstrate its capabilities in delivering high-quality live video.

Vislink Technologies (Nasdaq: VISL) announced the launch of the Mobile Viewpoint Stellar Cam, an AI-powered camera designed for live sports production. This durable, weatherproof camera offers ultra-high resolution and high frame rates, catering to the growing demand for automated coverage in sports. It will be showcased at the NCAA 2022 Convention Trade Show on January 20-21, 2022. The Stellar Cam integrates with the IQ Sports Producer platform, enabling cost-effective streaming of various sports without needing onsite staff.

Vislink Technologies, Inc. (NASDAQ: VISL) announced the grant of 200,000 restricted stock units (RSUs) to Ronnie Hamilton, Vice President of Global Operations, as an employment incentive. This award, made outside existing equity plans, is compliant with Nasdaq Listing Rule 5635(c)(4). Vesting occurs in three stages: 33.33% after one year and the remaining 66.66% in monthly installments over two years, contingent on Hamilton's continued employment. This decision underlines Vislink's commitment to attracting key talent in the technology sector.

Vislink (Nasdaq: VISL) announced significant technological advancements following its integration with Mobile Viewpoint. The updates focus on IP and AI technologies, enhancing live video production. Key enhancements include the integration of the Quantum receiver with the Mobile Viewpoint LinkMatrix platform, improved 5G capabilities, and the addition of PTZ control for enhanced sports coverage. These innovations aim to reduce production costs and create new revenue streams, showcasing Vislink's commitment to customer-focused advancements in the media and entertainment sector.

Vislink (Nasdaq: VISL) has launched its latest product, BaseLink 5G, a mobile encoder designed for remote production and live streaming. This innovative device utilizes advanced bonded cellular and 5G technologies to offer high-quality video transmission for small and mid-sized broadcasters. Key features include support for up to six 5G modems, dual Ethernet ports, expanded local storage, and rugged design. BaseLink 5G aims to empower content creators to produce and stream compelling content affordably, aligning with the rising demand for high-quality live video across various platforms.

Vislink (Nasdaq: VISL) reported remarkable financial results for Q3 2021, with revenues reaching $11.2 million, a 133% increase year-over-year and 47% sequentially. The company achieved a positive EBITDA of $1.04 million, a significant turnaround from a - $2.4 million loss in Q3 2020. Net income was $676,000 compared to a net loss of - $2.8 million in the same quarter last year. Vislink ended the quarter with $38 million in cash, bolstered by the acquisition of Mobile Viewpoint for $18.3 million.

Vislink (Nasdaq: VISL) plans to release its Q3 2021 results on November 15, 2021, after market close. A live webcast will be held on November 16, 2021, at 10:00 a.m. ET to discuss the financial results and provide a business update. The company specializes in high-quality live video collection and management, serving broadcast, surveillance, and defense markets. Vislink emphasizes its technological advancements in real-time video intelligence and live streaming solutions.

Vislink and Mobile Viewpoint are set to exhibit at IBC 2021 from December 3-6 in Amsterdam, showcasing their new integrated product range post the Mobile Viewpoint acquisition. CEO Mickey Miller highlighted the evolution of video delivery through advanced technologies like 5G and AI. Key displays will include innovations in live video production, including the HCAM wireless camera and AI-assisted production systems. Visitors can expect insights into the future of video transport and production capabilities.