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Silynxcom Receives New Order Further Expanding Presence in Military Tactical Communication Equipment Market

GlobeNewswire LogoGlobeNewswire3d ago

Silynxcom Receives New Order Further Expanding Presence in Military Tactical Communication Equipment Market - GlobeNewswire

Quick Summary:

The tactical sound protection headset market is projected to reach $3.8 Billion by 2027 Company received accumulated orders of approximately $815,000 from the Israel Defense Forces since the beginning of July 2024 Netanya, Israel, July 24, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd.(NYSE American: SYNX) ("Silynxcom” or the "Company”), a manufacturer and developer of ruggedized tactical communication headset devices has received an additional order from the Israel Defense Forces ("IDF") for its advanced tactical communication headset devices.

For example, the Company uses forward-looking statements when it discusses statements related to the Company’s preliminary unaudited results as of and for the six months ended June 30, 2024, the Company’s expectation of its future revenue growth and the Company’s expected addressable market size in 2027.

This preliminary financial information is not a comprehensive statement of the Company’s revenue and cash and cash equivalents for the six months ended June 30, 2024 and remains subject to, among other things, the completion of the Company’s financial closing procedures, final adjustments, and completion of its internal review for the six months ended June 30, 2024, which may materially impact the results and expectations set forth above.

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Article Details

Author / Journalist: Silynxcom Ltd.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 13:15:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 989 words

Reading Time: 6 minutes read

Sentences: 30 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 21762042

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Year Established: 1998

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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