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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.
Bookmark this page for streamlined access to Siyata Mobile’s latest announcements and industry analyses. Check regularly for insights into how SYTA continues to transform mobile workforce connectivity through durable, cellular-powered solutions.
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.
Siyata Mobile (NASDAQ: SYTA) has released its Q4 and full-year 2024 financial results, highlighting a pending merger with Core Gaming, Inc. Full-year 2024 revenues increased 41% to $11.6 million compared to $8.2 million in 2023.
Q4 2024 performance showed revenues of $1.5 million, down from $1.9 million in Q4 2023, with a net loss of $8.9 million compared to $3.9 million in the year-ago period. The company's Adjusted EBITDA for Q4 was ($5.6 million) versus ($2.3 million) in Q4 2023.
For the full year 2024, the net loss widened to $25.3 million from $12.9 million in 2023, with Adjusted EBITDA at ($14.3 million) compared to ($7.8 million) in 2023. The company's cash position decreased to $0.2 million as of December 31, 2024, down from $0.9 million year-over-year.
Siyata Mobile (NASDAQ: SYTA) has announced it will release its Q4 and full-year 2024 financial results on March 31, 2025, after market close. Following the recently announced definitive merger agreement with Core Gaming, the company will not hold a traditional earnings conference call.
Instead, investors are invited to attend the AI & Technology Virtual Investor Conference on April 3, 2025, at 10:30 am Eastern time, where Core Gaming's CEO Aitan Zacharin will present the company's growth strategy. The virtual event will be hosted by VirtualInvestorConferences.com and will allow investors to submit questions in advance. An archived webcast will be available for those unable to attend live.
Siyata Mobile Inc. (Nasdaq: SYTA) announced that Core Gaming, with whom they recently signed a definitive merger agreement, has entered into an arrangement with Fire Rhino Studios for research and development of casual games.
Fire Rhino Studios, known for casual puzzle games like Solitaire Aces and Block Sort Temple, will collaborate with Core Gaming to create and market games in the casual gaming niche market. The partnership aims to combine entertaining gameplay with strategic depth to develop new titles focused on critical thinking.
Siyata Mobile (NASDAQ: SYTA) has entered into a reverse merger agreement with Core Gaming, valued at $160 million. The deal, announced on February 26, 2025, will involve Siyata issuing common shares to Core Gaming shareholders, with existing Siyata shareholders maintaining a minimum 10% ownership in the combined entity.
According to Core Gaming's CEO Zacharin, with approximately 2 million Siyata shares currently outstanding and a market capitalization around $5 million, the 10% legacy shareholding should be worth over $16 million post-merger based on Core Gaming's valuation.
Siyata Mobile (Nasdaq: SYTA) has provided additional details regarding its merger agreement with Core Gaming, announced on February 26, 2025. The merger, valued at $160 million based on a fairness opinion from ValueScope , includes a special provision for existing Siyata shareholders.
Legacy shareholders will receive a one-time stock dividend within six months of the merger closing, ensuring they maintain at least 10% ownership of the combined entity post-merger. The transaction is expected to complete in Q2 2025, subject to regulatory approvals and customary closing conditions.
Siyata Mobile Inc. (SYTA) has signed a definitive merger agreement with Core Gaming, a private gaming developer with $80 million in 2024 revenues. Core Gaming will become a wholly-owned subsidiary of Siyata through a merger valued at $160 million.
Key transaction details include: Core Gaming shareholders will receive Siyata common shares based on a $160M valuation divided by 10-day VWAP. Legacy Siyata shareholders will receive a stock dividend ensuring 10% ownership of the combined entity. Current Core Gaming CEO Aitan Zacharin will lead the combined company, while Siyata's CEO Marc Seelenfreund will transition to President of a new Push-To-Talk subsidiary.
Core Gaming brings significant assets: 40 million monthly active users, over 2,000 casual mobile games in 140+ countries, and 600 million downloads. Their AI-driven technology has boosted content production by 50% while reducing production time by 40%. The merger is expected to complete in Q2 2025, subject to regulatory approval.
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