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VANCOUVER – Siyata Mobile Inc. (NASDAQ: SYTA), a developer of Push-to-Talk over Cellular (PoC) devices showing strong revenue growth of 42% in the last twelve months, announced Monday that its SD7 Ultra device will be part of T-Mobile’s (NASDAQ: TMUS) initiative to enhance communication tools for first responders.
The SD7 Ultra is recognized as the first land mobile radio (LMR) replacement in the U.S. that offers mission-critical push-to-talk capabilities on a 5G network. This integration into T-Mobile’s direct connect platform is designed to provide public safety officials with a reliable nationwide communication system, aiming to improve response times during emergencies.
Siyata Mobile’s product portfolio, which includes rugged handsets and accessories, is tailored for first responders and enterprise workers, facilitating instant communication over cellular networks. The company’s solutions are currently used by various organizations, including police, fire, ambulance services, schools, and hospitals. According to InvestingPro analysis, while trading at an attractive Price/Book ratio of 0.18, the company faces financial health challenges with a weak overall score.
In addition to handsets, Siyata also provides in-vehicle solutions and cellular booster systems to ensure effective communication in vehicles and areas with weak cellular signals. These products are distributed through North American and international carriers and distributors.
The announcement is part of T-Mobile’s broader effort to support first responders with advanced technology. Siyata’s inclusion in this initiative reflects the company’s role in the evolving landscape of emergency communication services. For deeper insights into Siyata’s financial outlook and 14 additional expert tips, check out the comprehensive Pro Research Report available on InvestingPro.
The information in this article is based on a press release statement from Siyata Mobile Inc.
In other recent news, Siyata Mobile Inc. has reported its highest-ever quarterly revenue, reaching $5.9 million, marking a 200% increase from the previous year and a 55% growth year-to-date. This financial achievement was disclosed on November 14, 2024. Additionally, the company secured a $2.5 million order for the first quarter of 2025 from an existing client. Siyata Mobile has also entered a distribution agreement with IP Access International to supply its SD7 rugged PoC devices, enhancing communication for industries operating in remote areas. The company has received a substantial order from a major transit authority in the western United States, supplying several thousand SD7 handsets to modernize communication infrastructure. Furthermore, Siyata Mobile postponed a scheduled press conference to prioritize this significant business opportunity, with plans to reschedule the event later. The company is preparing to host a press event in late December 2024 to announce a major corporate development. These recent developments indicate Siyata Mobile’s ongoing growth and strategic partnerships.
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