Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
On October 21, 2026, Silynxcom
Ltd. (the “Company”) issued a press release titled “Silynxcom Announces Development of New AI-Powered Wearable Technology
to Strategically Target the Counter-Drone Defense Market,” a copy of which is furnished as Exhibit 99.1 to this Report of Foreign
Private Issuer on Form 6-K (the “Report on Form 6-K”).
The
press release included as Exhibit 99.1 hereto (other than the tenth and eleventh paragraphs thereof) is incorporated by reference into
the Company’s Registration Statement on Form F-3 (Registration No. 333-285443) filed with the Securities and Exchange Commission,
to be a part thereof from the date on which this Report on Form 6-K is submitted, to the extent not superseded by documents or reports
subsequently filed or furnished.
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1
Silynxcom Announces Development of New AI-Powered
Wearable Technology to Strategically Target the Counter-Drone Defense Market
New standalone product platform under development would position
Silynxcom to address a significantly expanded defense market beyond its traditional tactical communication accessories business
AI-powered acoustic drone detection is being designed to give individual
soldiers real-time threat warnings, which would be capable to connect through an autonomous mesh network where multiple devices can share
alerts across an entire platoon, without requiring integration with existing tactical communication systems.
NETANYA, Israel, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Silynxcom
Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a developer of advanced soldier-worn tactical communication
solutions, today announced its strategic entry into the counter-uncrewed aircraft systems (“C-UAS”) market through the development
of a new wearable drone detection and early-warning platform powered by artificial intelligence (“AI”). The Company aims to
address one of the most persistent challenges in modern warfare: protecting individual soldiers from drone threats while on the move.
The wearable detection device, currently at prototype stage, is designed
to detect drone acoustic signatures in real time. Because the system relies on acoustic signatures rather than detecting drone radio transmissions,
it is designed to identify threats that conventional radio frequency-based detectors may miss, including fiber-optic guided drones. These
drones emit no radio signal, but every drone makes noise.
According to a Fortune Business Insights anti-drone market study, the
market for C-UAS detection and interdiction technologies is projected to grow from $3.88 billion in 2026 to $16.45 billion by 2034, a
compound annual growth rate of 19.79%.
Rather than an enhancement to existing tactical communication equipment,
Silynxcom is developping this new platform as a standalone product. It is designed to operate without integration into tactical radio
systems, while retaining the option to connect with existing tactical communication equipment where customers require it.
This architecture is intended to enable Silynxcom to address a broader
range of military customers, operational requirements and defense procurement programs, creating the potential for a new business line
and an additional growth engine alongside the Company’s existing business of ruggedized tactical communication headset devices.
From Individual Soldier Protection to Networked Unit Defense
The wearable detection device’s on-device AI analyzes potential
drone signatures and the wearer receives an alert. The acoustic detection capability builds on Silynxcom’s combat-proven personnel
headset, which already amplifies drone sounds for soldiers in the field while protecting their hearing from the continuous and sudden
noise of the battlefield.
A mesh networking capability is under development and is being designed
to allow multiple wearable devices to connect and form coordinated protection groups, such that an alert generated by one device could
be shared across connected platoon members, enabling collective situational awareness and coordinated early warning without dependence
on existing infrastructure.
The modular approach is intended to allow customers to deploy the technology
for individual soldier protection or scale it across military units, according to their operational needs.
Dedicated and Experienced C-UAS Development Team
The Company is establishing a dedicated team to lead its counter-drone
activities. The team includes recently recruited professionals with years of experience in drone technologies, including at leading drone
manufacturers in Israel. The team will draw on Silynxcom’s experience in tactical acoustics, soldier-worn electronics and ruggedized
military equipment to accelerate development of the new business.
Nir Klein, Chief Executive Officer of Silynxcom, commented: “From
Ukraine to the Middle East, modern warfare has brought the drone threat down to the individual soldier. Troops need warning that moves
with them as they disperse and operate beyond defended positions. Fixed-site defenses are important, but they are only one part of the
protection soldiers need. This initiative represents more than the development of a new product. It marks our strategic entry into an
entirely new defense market.
By designing a wearable detection device combined with networked group
protection, we aim to help address the protection gap at the individual-soldier level and turn one soldier’s drone warning into
shared awareness across a connected platoon. We believe this can establish a new platform for long-term growth.”
About Silynxcom Ltd.
We develop, manufacture, and sell ruggedized tactical protective and
communication headset devices as well as other communication accessories, all of which have been field-tested and combat proven. Our in-ear
headset devices, or In-Ear Headsets, are used in combat, riot control, demonstrations, weapons training courses, and factory floors. Our
In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers,
homeland security personnel, police officers and civilian users worldwide. Our In-Ear Headsets provide high levels of sound protection,
fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous
sounds of combat, riots, dangerous situations and machine equipment in factories. Our sleek, lightweight, In-Ear Headsets allow wearing
with any helmet type to reduce head injuries, allow wearing any earwear and in any weather condition. Our technology provides active sound
protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving our customers 360° situational awareness.
Our new upgraded “drone detection” headset, sound leak test and prerecorded messages technologies provide additional, unique,
features and protection level to operators in modern combat arenas. The Company is developing an AI-powered wearable drone-detection and
early-warning platform intended for military and security applications.
For additional information about the Company please visit: https://silynxcom.com
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 and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may
be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,”
“estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,”
“potential,” “predict,” “project,” “target,” “aim,” “should,”
“will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking
statements contain these words. For example, the Company uses forward-looking statements when it discusses: the Company’s entry
into the C-UAS market; strategically targeting the counter-drone defense market; the development, anticipated capabilities, attributes
, and potential market acceptance of the wearable drone-detection and mesh-networking platform; the intention of the Company to address
a broader range of military customers, operational requirements and defense procurement programs, creating the potential for a new business
line and an additional growth engine alongside the Company’s existing business; the anticipated benefits of the platform; and the
growth and opportunities of the C-UAS market. Further, certain forward-looking statements are based on assumptions as to future events
that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk
Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities
and Exchange Commission (the “SEC”) on April 30, 2026, and other documents filed with or furnished to the SEC, which are available
on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which
speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after
the date of this release, except as required by law.
Capital Markets and Investor Relations Contact
ir@silynxcom.com
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