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BK Technologies Corporation reports developments in public safety communications equipment and solutions for government agencies and first responders. The company’s Land Mobile Radio products include portable and mobile radio devices for private P25-compliant radio systems, with product news centered on the BKR multiband platform, including the BKR 9000 handheld radio and BKR9500 in-vehicle multiband radio.
BK Technologies news also covers the Solutions business unit, the BK ONE family of offerings that combines land mobile radio with LTE/5G connectivity, and software products such as LocateONE LITE for team location awareness. Recurring updates include financial results, order activity from government customers, product introductions, investor presentations, capital allocation and annual-meeting governance matters.
BK Technologies Corporation (BKTI) has declared a quarterly dividend of $0.02 per share, set to be paid on October 19, 2020, to shareholders on record as of October 5, 2020. This announcement marks the company's eighteenth consecutive quarterly dividend, reflecting its commitment to returning capital to shareholders. The company operates in the public safety communications sector, providing reliable communication equipment for government agencies and public safety professionals.
BK Technologies Corporation (NYSE American: BKTI) has launched the BKR 5000, a portable radio designed for public safety communications. This radio is part of the new BKR Series and supports APCO Project 25. The BKR 5000 offers customizable features such as Bluetooth, GPS, and a rugged IP68 design. Its user-friendly interface and ergonomic design cater to first responders' needs. The introduction of this product is anticipated to open new vertical markets and enhance BKTI's market share.
BK Technologies Corporation (NYSE American: BKTI) will present at the LD 500 investor conference on September 3, 2020, at 2 PM. Chairman John Struble highlighted the company's growth in the public safety communications market, with revenue increasing from under $30 million to over $40 million since 2019. BK Technologies aims for further organic growth and strategic M&A opportunities. The company manufactures high-specification communications equipment for public safety professionals and maintains its headquarters in West Melbourne, Florida. For registration, visit here.
BK Technologies Corporation (NYSE American: BKTI) announced an order worth approximately $1.1 million from the National Interagency Fire Center (NIFC) for its KNG2-Series Digital P-25 portable radios and accessories. This fulfillment is expected in the third quarter of 2020. President Tim Vitou expressed pride in supporting the wildland firefighting community, highlighting BK's reliable track record in harsh conditions. The KNG2-Series radios have been essential for tactical communications in wildland firefighting for over a decade.
BK Technologies Corporation (NYSE American: BKTI) announced an order worth approximately $1.1 million from the National Interagency Fire Center (NIFC) for its KNG2-Series Digital P-25 portable radios. This order, set to be fulfilled in the third quarter of 2020, underscores the company's long-standing relationship with the wildland firefighting community. BK's radios have been instrumental in fire suppression efforts for over a decade, showcasing features like ease of use and long battery life that meet the needs of first responders.
BK Technologies Corporation (NYSE American: BKTI) has engaged Hayden IR to implement a comprehensive investor relations program aimed at enhancing visibility in the public safety communications market. BK Technologies has successfully increased revenue to over $40 million from under $30 million in recent years and achieved a 25% reduction in operating expenses, saving approximately $3.3 million in Q2. The launch of the new BKR product line is anticipated in the latter half of 2020, positioning BK for profitable growth.
BK Technologies (NYSE American: BKTI) announced its engagement with Hayden IR to implement a new investor relations program. This move follows BK's revenue increase to over $40 million, up from less than $30 million in recent years. Chairman John Struble emphasized a commitment to organic growth and pursuing strategic M&A. President Tim Vitou highlighted a 25% reduction in operating expenses, saving approximately $3.3 million in Q2. The company is also set to launch the new BKR product line in late 2020, aligning with its goal of enhancing shareholder value.