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Siyata Mobile Inc. (SYTA) delivers innovative cellular communication solutions for mission-critical industries. This news hub provides investors and professionals with authoritative updates on the company’s strategic developments, product innovations, and market positioning.
Access comprehensive coverage of SYTA’s press releases including earnings reports, technology partnerships, and new rugged device launches. Our curated collection serves as a reliable resource for tracking the company’s progress in modernizing push-to-talk communications for fleets, first responders, and enterprise users.
Explore updates across key categories such as cellular booster system deployments, international market expansions, and regulatory milestones. All content is verified for accuracy, ensuring you stay informed about SYTA’s role in advancing B2B communications technology.
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Siyata Mobile (NASDAQ: SYTA) is approaching the completion of its $185 million merger with Core Gaming, expected to close in Q2 2025. Core Gaming brings a substantial portfolio of over 2,100 games with 790 million cumulative downloads and 43 million monthly active users (MAUs).
Core Gaming recently launched its AI COMIC App, an AI-powered visual content creation platform. The company has demonstrated strong financial growth, with revenue increasing from $13.2 million in 2021 to $57.0 million in 2023, and projected to reach $80.8 million in 2024. ValueScope projects 2026 revenue of $240.8 million, suggesting a potential combined company valuation between $722.4 million to $963.2 million.
Post-merger, Siyata Mobile will maintain a minimum 10% equity interest for legacy shareholders, supported by a special dividend. The merger positions the company in the rapidly expanding AI gaming market, which various research firms project to grow at CAGRs between 19-28.4% over the next decade.
Core Gaming, soon to merge with Siyata Mobile Inc. (Nasdaq: SYTA), has unveiled Nowifi, an innovative offline mobile gaming platform. The product is designed for users in low-connectivity regions, offering uninterrupted gaming without internet requirements. The platform features a freemium revenue model with in-app purchases and optional rewarded ads.
Key features include completely offline gameplay, instant playability with no account setup, diverse game modes ranging from puzzles to adventures, multilingual support, minimalist aesthetics, and privacy-first approach with local storage only. The platform targets young players, frequent travelers, and privacy-conscious users. The official release date is pending platform optimization results.
Siyata Mobile (Nasdaq: SYTA) announced that Core Gaming, which it recently agreed to merge with, has successfully launched its AI COMIC App. The app has gained significant traction with nearly 300,000 users and demonstrates strong lifetime value (LTV) and return on investment (ROI) metrics.
AI COMIC leverages advanced AI models to transform photos and videos into various visual styles, from anime to hyper-realistic portraits. The platform features multiple tools including an AI Comic Video Generator, Portrait & Avatar Creator, AI Dance & Face Swap Tools, Scene Recreation & Sticker Maker, and Aging Video Generator.
The app is powered by a proprietary Compute Pool System for efficient AI workload distribution and includes features specifically designed for game development, such as automated scene design, instant character modeling, and AI-powered animation sequences.
Core Gaming, set to merge with Siyata Mobile Inc. (SYTA), has successfully launched AI COMIC, an innovative AI-powered visual generation platform. The app has gained significant traction with nearly 300,000 users and demonstrates strong lifetime value (LTV) and return on investment (ROI) metrics.
AI COMIC transforms photos and video clips into various visual styles, from anime to hyper-realistic portraits, using advanced AI models. The platform features multiple tools including AI Comic Video Generator, Portrait & Avatar Creator, and Scene Recreation capabilities. The technology is supported by a proprietary Compute Pool System for efficient AI workload distribution.
The platform significantly reduces production time for game developers and content creators, offering automated scene design, instant character modeling, and AI-powered animation sequences. The technology stack includes multimodal generative models and real-time cloud orchestration through the BigP Backend System.
Siyata Mobile (NASDAQ: SYTA) has released a transcript of its first shareholder AMA video featuring Core Gaming CEO Aitan Zacharin. The AMA, which aired on April 30, addressed questions about the upcoming merger between Siyata and Core Gaming. Key highlights include:
- Core Gaming's valuation is set at $160 million - Legacy Siyata shareholders will receive a 10% equity stake in the combined company via special dividend within 6 months post-merger - The merger is expected to close by end of Q2 2025 - Core Gaming has launched over 2,000 games with 750 million downloads - The combined company targets $100 million in revenue for 2025 - Core Gaming's business model focuses on AI-based marketing analysis and game monetization through advertising
Siyata Mobile has released its first shareholder Ask Me Anything (AMA) video featuring Core Gaming CEO Aitan Zacharin. The video, available on the company's investor relations website, addresses questions submitted by shareholders through Siyata Responder on StockTwits.
The initiative comes as Siyata, a developer of Push-to-Talk over Cellular handsets, approaches its proposed merger with Core Gaming. CEO Marc Seelenfreund emphasized this AMA series as part of their strategy to maintain transparent communication with investors.
The company plans to release more AMA videos in the future. Shareholders can submit questions through Siyata Responder, a platform managed in partnership with KOIOS Tech. This AI-powered solution helps detect online financial threats and optimize investor communications.
Siyata Mobile Inc. (Nasdaq: SYTA) announced that its SD7 Handsets will be deployed for mission-critical communications during the 2025 Baker To Vegas Challenge Cup Relay. The event, marking its 40th annual running, is the world's largest law enforcement relay race, attracting over 10,000 participants, staff, and spectators.
The race spans 120 miles from Baker, California to Las Vegas, Nevada, and will be held on April 5-6, 2025. Medical teams and event personnel will be equipped with Siyata's SD7 devices, which are specifically designed for performance in rough, rugged terrains. The company is supporting the Los Angeles Police Revolver and Athletic Club (LAPRAAC), the event sponsor, in collaboration with Verizon Frontline.
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