Welcome to our dedicated page for Bk Technologies news (Ticker: BKTI), a resource for investors and traders seeking the latest updates and insights on Bk Technologies stock.
BK Technologies Corporation (NYSE American: BKTI) is a Nevada-incorporated holding company that, through its subsidiaries, designs and manufactures high-specification communications equipment for public safety professionals and government agencies. As a provider of advanced public safety communications solutions, the company regularly issues news on product deployments, customer orders, financial performance and corporate developments.
News about BK Technologies often highlights its BKR Series land mobile radios and the BK ONE family of solutions. Recent releases have described significant purchase orders from the USDA Forest Service for BKR 5000 handheld radios, growing market recognition for the BKR 9000 multiband portable radio, and field deployments of InteropONE and RelayONE during multi-agency fire and aviation training exercises. These updates illustrate how the company’s equipment and solutions are used in wildland fire operations and other mission-critical environments.
Investors and analysts following BKTI can also find regular coverage of quarterly results, earnings calls and guidance updates. The company reports on revenue trends, gross margin performance and non-GAAP metrics, and announces conference calls and webcasts to discuss its financial and operating results. Additional news items include participation in investor and technology conferences, board and executive appointments, and approvals of equity incentive and employee stock purchase plans.
This news page aggregates BK Technologies’ press releases and related coverage so readers can review the company’s operational updates, major contracts, Solutions business milestones and capital markets activities in one place. For those tracking public safety communications providers and government-focused radio manufacturers, BKTI news offers insight into order activity, product adoption and corporate governance actions over time.
BK Technologies Corporation (NYSE American: BKTI) has appointed Scott Malmanger as its Chief Financial Officer, effective November 7, 2022. Malmanger, who has served as interim CFO since July 2022, brings extensive experience in strategic planning, M&A, and SaaS models. CEO John Suzuki emphasized his strategic fit for the company’s growth trajectory. Malmanger previously held CFO roles in companies like OneroRX and iCoreConnect. The company specializes in high-specification communication equipment for public safety roles and aims to enhance its product visibility.
BK Technologies Corporation (NYSE American: BKTI) has started full production of its KNG mobile series radios at its Melbourne, Florida facility, aiming for exclusive U.S. manufacturing by 2023. This expansion follows the enhancement of their printed circuit board assembly capabilities in April 2021. The in-house production is expected to improve quality control, reduce production costs, and streamline operations. CEO John Suzuki emphasized the strategic importance of these radios for their customer base and the benefits of improved supply chain management.
BK Technologies Corporation (NYSE American: BKTI) will host an investor conference call on November 3, 2022, at 9:00 a.m. ET to discuss its operating results for the third quarter and nine months ending September 30, 2022. Financial results will be released prior to the call. Interested parties can join by dialing (877) 545-0320 or via the webcast. An archive of the call will be available for 30 days post-event. BK Technologies specializes in high-specification communication equipment for public safety and government sectors.
BK Technologies Corporation (NYSE American: BKTI) has secured a $1.6 million purchase order from the California Department of Forestry and Fire Protection (CAL FIRE) for its BKR 5000 portable communications technology. This order aims to enhance CAL FIRE's communications as they respond to increasing wildfire activity. CEO John Suzuki emphasized the importance of the BKR 5000 in facilitating safe field operations for emergency responders. CAL FIRE protects over 31 million acres of California's wildlands and engages in various emergency services.
BK Technologies has launched InteropONE, the first Push-To-Talk Over Cellular (PTToC) service designed for seamless interoperability among first responders. This innovative service allows dynamic creation of user groups during emergencies without prior network setup. In collaboration with STREAMWIDE SA, InteropONE facilitates effective communication for incident response in critical situations. The application is accessible via smartphones and aims to enhance coordination during public safety incidents, addressing a significant market need.
BK Technologies Corporation (NYSE American: BKTI) has declared a quarterly dividend of $0.03 per share, scheduled for payment on November 8, 2022. This dividend will benefit stockholders of record as of October 25, 2022, marking the company's twenty-sixth consecutive quarterly dividend payment. The Chairman, Kyle Cerminara, emphasized the company's commitment to returning value to its shareholders. BK Technologies specializes in high-specification communication equipment for public safety and government entities.
BK Technologies Corporation (NYSE American: BKTI) has secured a $1.0 million purchase order from the Virginia Department of Forestry (VDOF) for its BKR 5000 portable communications technology. This marks the agency's initial order in a significant lifecycle replacement initiative aimed at updating their communications platforms. The BKR 5000 is designed for effective communication in challenging environments, aiding VDOF responders in managing over 700 wildfires annually. This contract emphasizes BK Technologies' commitment to supporting essential public safety operations.
BK Technologies Corporation (NYSE American: BKTI) announced a $7.8 million purchase order from the U.S. Department of Agriculture Forest Service for its BKR 5000 portable communications technology. This order is part of a 5-year Blanket Purchase Agreement and follows recent USFS orders worth $8.9 million. Year-to-date, BK Technologies has surpassed $60 million in new order bookings, breaking its previous record of $55.5 million set in 2021. The CEO emphasized the company's strong relationship with the USFS and the importance of reliable communication in challenging environments.
BK Technologies Corporation (NYSE American: BKTI) will hold an investor conference call on August 11, 2022, at 9:00 a.m. ET to discuss its operating results for the second quarter and six months ended June 30, 2022. The financial results will be released prior to the call. Interested parties can join via phone or web, with international participants provided with specific dialing instructions. A replay will be available for one hour after the call until August 18, 2022. The company focuses on manufacturing high-quality communications equipment for public safety professionals.
BK Technologies Corporation (NYSE American: BKTI) announced six purchase orders worth approximately $8.9 million from the United States Department of Agriculture Forest Service (USFS). These orders are part of a five-year blanket purchase agreement aimed at upgrading USFS's communication systems with the BKR 5000 portable communications technology. Additionally, BK Technologies has opened a second production line for the BKR 5000 at its West Melbourne, Florida facility to meet the increased demand and alleviate backlog.
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