Siyata Mobile, Inc. - $SYTA STOCK NEWS

Siyata Mobile Inc. (SYTA) Receives First Order for SD7 Push-to-Talk Handsets from U.S. University

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) is poised for success in 2024 after laying a strong foundation in 2023. The company is a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems. Siyata manufactures the only Mission Critical Push-to-Talk (MCPTT) cellular radio device currently offered by leading North American cellular carriers, as well as a growing number of top international carriers. The company has secured many of the world’s largest cellular carriers and is quickly becoming a global leader in the ever-growing Push-to-Talk Over Cellular industry with Next Generation Cellular Technology. Siyata is in an extremely unique position to offer its next generation product portfolio in the multi-billion-dollar market to enterprise and first responder customers. The company has clear incentives to sell its MCPTT devices in different verticals including first responders, education, health care, security, utilities, hospitality, and more. Siyata is confident in its ability to ramp up sales and reach profitability in 2024, with a focus on adding 5G devices to stay ahead of the market and maximize shareholder value.

Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) has received a $900,000 order for its UV350 In-Vehicle device and PTT rugged handsets from existing international Defense and EMS customers. The order is expected to be delivered in Q4 2023 and Q1 2024. CEO Marc Seelenfreund stated that the orders increase their penetration with existing customers, affirming the positive impact of their communication solutions.

Siyata Mobile Inc. (SYTA) announced a 1-for-7 reverse stock split of its common shares, effective on December 4, 2023, to maintain its listing on the Nasdaq Capital Market. The reverse stock split aims to bring the company into compliance with the $1.00 minimum bid price requirement. Each outstanding stock option, pre-funded warrant, share purchase warrant, and other convertible security will be adjusted according to the reverse stock split ratio. The reverse stock split will not change the par value or authorized number of shares of common share, preferred stock, or any series of preferred stock.

Siyata Mobile Inc. (SYTA) receives purchase order from Ambra Solutions, Inc. for SD7 Push-to-Talk handsets and VK7 vehicle kits to be deployed in remote mining operations in Northern Canada. The order is expected to be delivered in the fourth quarter of 2023, marking Siyata's entry into a new vertical market. The devices will operate on Ambra's private LTE/5G network, catering to the growing trend of mining companies turning to private cellular-based networks for reliable and secure communications. Siyata's CEO, Marc Seelenfreund, emphasizes the importance of reliable communication for safety and efficient operations in mining, while Ambra's CEO, Eric L'Heureux, expresses potential for future collaboration between the two companies.

Siyata Mobile Inc. (Nasdaq: SYTA, SYTAW) CEO Marc Seelenfreund expresses gratitude to stakeholders and team members in a Thanksgiving message. Seelenfreund acknowledges the support received and highlights the development of new sales verticals, record operating performance, and the Company's positioning for future success.

Siyata Mobile Inc. (Nasdaq: SYTA) announces Q3 2023 financial results, reporting a 45% revenue growth year-to-date. Despite slight order delays, the company remains optimistic for future growth. The conference call to discuss the financial results will be held on November 16, 2023, at 8:30 a.m. ET.

Siyata Mobile Inc. (NASDAQ:SYTA)(NASDAQ:SYTAW) to report Q3 2023 financial results on November 16. The company will host a conference call to discuss the results, including details on date, time, and access codes for both North America and international participants. A replay will be available until November 30, 2023, and the call can be accessed online.

Siyata Mobile Inc. has received a $750,000 order for its Push-to-Talk (PTT) handsets combined with Synch Communication's command and control solutions. The partnership with Synch aims to provide essential communication solutions for first responders in Israel. Siyata's rugged PTT handsets will be integrated with Synch's application to enhance communication capabilities in emergency environments.