Siyata Mobile Announces New Order from Major U.S. Transit Authority

Rhea-AI Summary

Siyata Mobile (Nasdaq: SYTA) has secured a significant order for several thousand SD7 handsets and accessories from a major western U.S. transit authority. The transit agency, which serves tens of millions of passengers annually, is transitioning from traditional radio-based communication systems to Push-to-Talk over Cellular (PoC) technology.

This transition represents a modernization of the agency's communications infrastructure, aimed at providing seamless and reliable communication for employees managing trains, buses, and supporting infrastructure operations. The order demonstrates Siyata's continued sales momentum in the transit and public works sectors across the United States.

Positive

• Secured large-scale order for thousands of SD7 handsets and accessories
• Expanded customer base to include major U.S. transit authority
• Demonstrates growing market penetration in transit sector

Negative

• Order value not disclosed

News Market Reaction

+4.68%

1 alert

+4.68% News Effect

On the day this news was published, SYTA gained 4.68%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, Jan. 28, 2025 /PRNewswire/ -- Siyata Mobile Inc. (Nasdaq: SYTA) ("Siyata" or the "Company"), a global vendor of Push-to-Talk over Cellular ("PoC") devices and cellular signal booster systems, today announced a new order for several thousand SD7 handsets and related accessories for a new customer, a major transit authority serving the western United States.

Marc Seelenfreund, CEO of Siyata, commented, "This new order underscores our continued sales momentum in the transit and public works sectors across the U.S. This customer, which serves tens of millions of passengers annually, is transitioning from outdated radio-based communication systems to Push-to-Talk over Cellular with our SD7 handsets and accessories. This shift will not only modernize its communications infrastructure but also provide seamless, reliable communication for employees who are essential to keeping the agency's trains, buses and supporting infrastructure operating smoothly."

About Siyata Mobile

Siyata Mobile Inc. is a B2B global developer and vendor of next-generation Push-To-Talk over Cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire, and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today.

In support of our Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems enabling our customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak.

Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors.

Siyata's common shares trade on the Nasdaq under the symbol "SYTA", and its warrants trade under the symbol "SYTAW".

Visit www.siyata.net to learn more.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Siyata's current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of Siyata could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Siyata's filings with the Securities and Exchange Commission ("SEC"), and in any subsequent filings with the SEC. Except as otherwise required by law, Siyata undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites and social media have been provided as a convenience, and the information contained on such websites or social media is not incorporated by reference into this press release.

 

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SOURCE Siyata Mobile Inc.

FAQ

What is the size of Siyata Mobile's (SYTA) new transit authority order?

The order includes several thousand SD7 handsets and related accessories, though the exact number and monetary value were not disclosed.

What technology is the transit authority replacing with Siyata's (SYTA) SD7 handsets?

The transit authority is transitioning from traditional radio-based communication systems to Push-to-Talk over Cellular (PoC) technology using Siyata's SD7 handsets.

Which region will Siyata Mobile (SYTA) supply its SD7 handsets to?

Siyata will supply the SD7 handsets to a major transit authority serving the western United States.

How will the new SD7 handsets benefit the transit authority's operations?

The SD7 handsets will provide seamless, reliable communication for employees managing trains, buses, and supporting infrastructure, modernizing their communications system.