Tomorrow's Fun Alert: (NASDAQ:SYTA)
Good evening traders,
Have you heard of Siyata mobile? Pull this stock up on yahoo finance and just look at all the p.r that they have been putting out over the last 6 weeks...
30% increase in revs, Patents being granted, partner ships with huge telecoms companies.. the list goes on...
if that wasn't enough to get your attention lets take a look at the chart..
This is trading pretty close to its recent bottom and it's been moving up from there since.. Makes us wonder..
Is (NASDAQ:SYTA) due for a bounce? And Is that happening Now??
it wasnt to long ago that the stock was over a dollar and the 5 day chart is starting to tell us a story..
Full report Below
Siyata aims to be the global leader in the rapidly growing Mission Critical Push to Talk Over Cellular (PoC) industry by disrupting the legacy Land Mobile Radio (LMR) industry with Next Generation Mission Critical Push to Talk Communication Technology.
Siyata Mobile SD7 Mission Critical Push to Talk Over Cellular Device Featured
UScellular Keeps Business and Government Customers Connected with Intuitive Mission Critical Push to Talk Solution
"Siyata's SD7 rugged Mission Critical Push to Talk over cellular radio handset is an industry leading device that offers UScellular business customers an alternative to land-mobile radios," By Kim Kerr, senior vice president, enterprise sales and operations for UScellular.[i]
While State And Local Budgets Experience A Squeeze, Siyata Mobile Provides Police With Affordable And Modern Communication Technology [ii]
Siyata's unique approach of offering an affordable mission-critical PTT over Cellular handset that looks and operates like a two-way radio may allow first responder agencies to equip more of their staff than ever before with a reliable and easy-to-use handset to keep more staff connected. With a track record as a pioneer in the industry and with solutions catering to various uses in areas with and without strong cellular coverage [ii], Siyata has earned a solid reputation for reliability and versatility. With rising budget cuts, this maybe solution that state and local governments are looking for.[ii]
Greeting Investors! *
Welcome to the forefront of innovation in communication technology with Siyata Mobile (NASDAQ: SYTA). As a leading developer and distributor of cutting-edge Mission Critical Push to Talk Over Cellular (PoC) devices, including its flagship products, the SD7 Handset and VK7 Vehicle Kit, Siyata is aiming to revolutionize the way industries worldwide connect and collaborate.
In a rapidly evolving landscape, the SD7 Handset stands out to us as the pinnacle of next-generation communication solutions. Designed to seamlessly integrate with existing systems while offering unparalleled functionality, the SD7 stands to bridge the gap between traditional two-way radios and modern cellular networks. Its reportedly rugged design, military-standard durability, and nationwide coverage is designed to ensure reliability and effectiveness across various verticals, from first responders to construction teams.
Complementing the SD7 is Siyata's innovative VK7 Vehicle Kit, working to transform any vehicle into a mobile communication hub. With its reportedly seamless integration, robust features, and reliable connectivity, the VK7 is designed to enhance safety and efficiency for commercial fleets, emergency responders, and more.
According to Siyata Mobile, it's not just disrupting the market; it's setting new standards for communication excellence. With a track record of exponential growth, a strong presence in key global markets [iii], and a visionary leadership team, we see this as an attractive investment for investors interested in the future of communication technology *
* See our Important Notice and Disclaimer below for a detailed discussion on compensation, risks, the risks associated with forward looking statements, the need to seek the advice of a professional investment advisor before investing, and more.
SIYATA'S MISSION CRITICAL PUSH-TO-TALK OVER CELLULAR ECOSYSTEM
Siyata is the only vendor to wireless carriers who offers differentiated mobile and in-vehicle POC solutions. [iii]
Siyata also sells Cellular Boosters to improve cellular signal in buildings or in vehicles for its customers, and Siyata Real Time View, a video streaming system for first responder or enterprise fleet vehicles.
SD7: A Game-Changer in Mission Critical Push to Talk Over Cellular Technology! [iii]
SIYATA SD7
Siyata Specializes in Rugged PTT Handsets: SD7 is its Next Generation PoC Handset Complementing its Portfolio of Disruptive Handsets
THE SD7 IS A GAME CHANGER
A Perfect Upgrade from land mobile radio (LMR): [iii]
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A simple, purpose built, highly functional and rugged Android-based PTT only handset - forward
Rugged IP68 rated design protects against dust and debris - forward
Excellent sound quality allowing for clear communication in the presence of background noise - forward
All the benefits of PoC without the headaches of managing the current generation of rugged smartphones and feature phones - forward
Robust Next Gen 5G product portfolio coming
The ultimate device for 'PTT over Cellular'
A Game Changing Upgrade from LMR
EASY TO ADOPT
Designed for LMR Radio users to feel immediately comfortable with its familiar buttons and rotary knob, with no need to delete or lock down other apps.
INEXPENSIVE TO OWN
Far more cost-effective than other LMR Radios and Smartphones with a highly affordable PTT-only rate plan. [xii]
NATIONWIDE COVERAGE
Keep in contact with co-workers on popular cellular networks wherever you use a mobile phone or Wi-Fi. [xii]
ENTERPRISE RUGGEDNESS
It's Mission Critical PTT – QCI's 65, 66, 69 70 with Military Standard 810H and IP68 rated design protects against dust, debris and liquids. [xii]
The Evolution of ptt
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Stay connected wherever you use a mobile phone or Wi-Fi - double_arrow
Military Standard 810H and IP68 ratings - double_arrow
Cost effective PTT cellular rate plan - double_arrow
Mission Critical PTT – QCI's 65, 66, 69 70
Rock solid Performance [xii]
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A simple, functional and rugged Android-based PTT-only device - double_arrow
Rugged IP68 rated design protects against dust, debris and liquids - double_arrow
Superior sound quality for clear communication despite background noises - double_arrow
All the benefits of cellular with none of the headaches of today's smartphones
Disclaimer: The following information is provided based on materials from Siyata Mobile Inc., including their website and investor presentations. The descriptions and statements below are directly from the company and are not independently verified or tested.
SD7 Firstnet Movie
SD7 Movie
Transform Your Vehicle into a Mobile Communication Hub with VK7: The Ultimate In-Vehicle Solution by Siyata Mobile! [iii]
Disclaimer: The following information is provided based on materials from Siyata Mobile Inc., including their website and investor presentations. The descriptions and statements below are directly from the company and are not independently verified or tested.
The Siyata VK7 Vehicle Kit
Connect and GO. Enjoy optimal mobile communications with this revolutionary in-vehicle solution that pairs seamlessly with the SD7 handset. Make your vehicle an unlimited mobile hub wherever it takes you.
Innovative in-vehicle solution that pairs with SD7:
- chevron_rightSimple Slide-In connection for SD7 handset
- chevron_rightConnected to vehicle power
- chevron_rightIntegrated 10W speaker
- chevron_rightInternal active cooling & heating
Siyata UV350
The Next Generation Vehicle Communicator.
The Siyata UV350 is the first 4G/LTE all-in-one in vehicle fleet communication device that delivers crystal clear cellular voice calls, Mission Critical Push to Talk Over Cellular, data applications and more, for commercial vehicles ensuring safer communication for professional drivers. [xiii]
UV350 IN-VEHICLE DEVICE
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4G/LTE - arrow_right
Always powered - arrow_right
Supports FirstNet® certified apps including fleet management, dispatch, GPS mapping and other custom solutions
UV350 3D View
Siyata Real time View
Advanced Camera System for Managing and Monitoring Fleet Vehicles.
The Siyata Real Time View advanced camera system is targeted to enable fleet managers to visually monitor its fleet vehicles such as ambulances and other first responder vehicles, as well as buses and trucks. With the ability for front-facing, rear-facing, side-facing, and even in-cab high-resolution cameras, this system is designed to give the complete and real-time view to accurately manage their fleet vehicles.
Siyata Cellular Signal Boosters
Siyata Cellular Signal Boosters If your home, cottage, or office building is plagued with weak cellular signal making it difficult to have a mobile phone conversation or to use mobile data, then a Siyata Cellular Signal Booster is targeted at you.
Click Here to Learn More
Top Reason to have SYTA on your radar *
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- Market Disruption: Siyata Mobile (NASDAQ: SYTA) is poised to disrupt the multi-billion-dollar Land Mobile Radio (LMR) industry with its cutting-edge Mission Critical Push to Talk Over Cellular (PoC) technology [iii]
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- Next-Gen Communication: With the SD7 and VK7, Siyata offers next-generation communication solutions that bridge the gap between traditional two-way radios and modern cellular networks. [iv]
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- Innovative In-Vehicle Solutions: The VK7 Vehicle Kit is designed to transform any vehicle into a mobile communication hub, enhancing safety and efficiency for commercial fleets and emergency responders[iii]
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- Global Reach: Siyata operates in key geographies including the United States, Canada, Europe, Australia, and the Middle East, offering solutions tailored to diverse market needs. [iii]
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- Rapid Industry Growth: The Mission Critical Push to Talk Over Cellular (PoC) industry is experiencing rapid growth, with a forecasted global PoC growth of approximately 9.4% CAGR, reaching approximately $6.95 billion by 2027 [iii]
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- Strong Market Position: With a full-year 2023 revenue of $8.2 million, up 27% year-over-year, Siyata demonstrates its ability to capture market share and deliver consistent growth. [v]
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- Comprehensive Product Portfolio: From rugged handsets to in-vehicle devices, Siyata offers a comprehensive product portfolio to cater to the communication needs of various industries, including first responders, hospitals, schools, security, construction, and hospitality[iii]
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- Visionary Leadership: Led by CEO Marc Seelenfreund and a seasoned management team, Siyata is guided by a vision of innovation, excellence, and market leadership in communication technology
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- High Growth Earnings: SYTA is expected to become profitable in the coming quarters. [vi]
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- High Growth Revenue: SYTA's revenue is forecast to grow dramtically in 2024 and beyond [vi]
* See our Important Notice and Disclaimer below for a detailed discussion on compensation, risks, the risks associated with forward looking statements, the need to seek the advice of a professional investment advisor before investing, and more.
"2023 was a year of strong growth and expansion for Siyata Mobile. Revenue increased 27% and gross margin increased 92% over 2022 as we expanded the use cases for our SD7 PTT handsets into new verticals, landed wins in new geographies, added new distribution channels, and achieved 'stocked status' with two of the largest U.S. cellular carriers with a third expected imminently. Demand for our devices is growing as an increasing number of customers are choosing to transition away from legacy LMR devices to PTT solutions, and we are well-positioned to capitalized on this trend with our SD7 PTT Handset and extensive accessories portfolio, the only direct radio replacement currently offered by leading U.S. wireless carriers."
"Our pipeline of new business opportunities is healthy and growing with multiple very large scale potential customers in the final stages of their device trials giving us great confidence in achieving dramatic sales momentum in 2024. The core fundamentals are in place to grow our business in North America and internationally and clearly, we are executing. Looking ahead, we are fully committed to ramping our sales aggressively and reaching profitability in the coming quarters.
By Marc Seelenfreund, CEO of Siyata [vii]
COMPANY OVERVIEW
Revolutionizing Communication: Siyata Mobile (NASDAQ: SYTA) - Your Next-Gen Solution Provider
Siyata Mobile Inc. is a leading developer and distributor of technologically advanced mission critical push to talk Over Cellular devices, including rugged handsets and in-vehicle devices, for global first responders and enterprise customers.
TARGET GEOGRAPHIES
- UNITED STATES
- CANADA
- EUROPE
- AUSTRALIA
- MIDDLE EAST
DISRUPTING LMR INDUSTRY
Targeting to displace multi-billion $$ market Land MobileRadio industry leaders:
- checkMotorola Solutions Inc.(NYSE: MSI)
- checkL3 Harris Technologies Inc.(NYSE: LHX)
- checkJVC Kenwood Corp.(TYO: 6632)
- checkTait Communications (private)
VERTICAL INDUSTRIES
First Responders
Hospitals & Ambulancess
Schools & School Buses
Security
Construction
Hotels & Casinos
Siyata aims to be the global leader in the rapidly growing mission critical push to talk Over Cellular (PoC) industry by disrupting the legacy Land Mobile Radio (LMR) industry with Next Generation Communication Technology.
MARC SEELENFREUND CEO, Siyata Mobile [viii]
[iii]
Siyata Adds New Channel Partner with 3AM Innovations, a Software Provider for First Responders
SD7 PTT Handsets integrated with FLORIAN®, an incident command software application
"Both Siyata and 3AM Innovations have an established presence and history of serving the first responder community, and now, together, we are teaming up to pair our respective offerings and offer an innovative solution of rugged reliable hardware integrated with a best-in-class app. 3AM Innovations is a leader in incident command software for firefighters. We are pleased to partner with them to expand our addressable market and eager to demonstrate and promote the combined solution to Fire and Rescue departments."
By Siyata CEO, Marc Seelenfreund [ix]
Siyata Further Expands Global Distribution in Agreement with Leading Mobility, Logistics and Infrastructure Conglomerate in the Middle East
Conglomerate to offer Siyata Mobile products externally to its enterprise customers in Middle East and internally to its subsidiaries
"This organization who will now distribute Siyata products is a highly accomplished provider of groundbreaking solutions for its enterprise customers. They import and distribute premier commercial vehicle brands such as DAF and Isuzu trucks and own multiple large scale logistics centers. Expanding distribution is a key growth driver for us in 2024, and we are pleased to establish another international pathway for our products. As one of the leading transport and logistics companies in the Middle East, we expect that this organization will be a strong partner for us, and we look forward to increasing sales of Siyata products for our mutual benefit."
By Siyata CEO, Marc Seelenfreund [x]
SYTA: Siyata Mobile continues to make progress on sales and distribution of the company's key SD7 rugged handset.
Siyata Identifies Five catalysts for growth and free cash flow in 2024 [xi]
- keyboard_double_arrow_rightIncreasing order flow domestically and internationally.
- keyboard_double_arrow_rightNew products such as Siyata Real Time View and SD7+ will open up to more first responder markets.
- keyboard_double_arrow_rightThe company may secure purchase order financing to facilitate its inventory needs going forward
- keyboard_double_arrow_rightThe company plans to increase its partnerships with the largest carriers, transitioning all of them to cobrand Siyata Mobile products.
- keyboard_double_arrow_rightThe company plans to increase sales and strategic relationships to continue bringing the best first responder communications devices to the market.
"This order establishes Siyata in a new vertical market and demonstrates the compatibility and durability of products. Our hardware will operate on a private LTE/5G network that Ambra created and deployed specifically to service mining operations in a remote area. Telecom coverage by mainstream providers is generally broad, but there are remote areas where coverage is not ubiquitous. Accordingly, there is a current and growing trend of mining companies turning to private cellular-based networks to support operations with reliable and secure communications. Importantly, the private network provides the backbone and catalyst for transitioning away from land mobile radio communication. We know that Ambra Solutions are experts in mission-critical communications having already deployed many private LTE/5G networks in underground and open-pit mines, so we are happy to work with them. We believe there is a compelling opportunity for our solutions to be used on private networks such as with mining operations, where reliable communication is critical to safety and efficient operations."
By CEO, Marc Seelenfreund [xi]
In Summary
To us, Siyata Mobile (NASDAQ: SYTA) emerges as a dynamic force in the communication technology sector, positioned to revolutionize traditional two-way radio systems through its innovative Mission Critical Push to Talk Over Cellular (PoC) solutions. With a robust product portfolio comprising rugged handsets like the SD7 and in-vehicle communication solutions like the VK7, Siyata seeks to offer unparalleled reliability and functionality tailored to the diverse needs of industries such as first responders, construction, and hospitality.
Notably, Siyata's SD7 handset boasts military-standard durability and nationwide coverage, providing users with seamless communication in any environment. The VK7 Vehicle Kit is designed to further enhance this capability and transform vehicles into mobile communication hubs for commercial fleets and emergency responders. As the global PoC industry experiences rapid growth, while no one can know what will happen in the future, Siyata stands at the forefront, targeting to disrupt established market leaders and capture a significant share of the expanding market. *
Driven by visionary leadership under CEO Marc Seelenfreund, Siyata demonstrates strong financial performance, with a 27% year-over-year revenue increase in 2023, reaching $8.2 million. With a strategic focus on key geographies like the United States, Canada, Europe, Australia, and the Middle East, Siyata leverages its global reach to penetrate diverse markets and capitalize on emerging opportunities. Investors* seeking exposure to a high-growth, disruptive technology company with a track record of innovation and financial success should talk to their investment professional about adding Siyata Mobile to their investment portfolio. *
