Siyata Mobile Shares Rise After Major Order of SD7 Ruggedized Devices

Dec 7, 2021 By MarketDepth

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Stock Jumps

Siyata Mobile Inc. (NASDAQ: SYTA) shares jumped more than 125% after the developer and provider of cellular communications solutions for enterprises announced it has received a $1.3 million purchase order primarily for police and first responder customers in the EMEA (Europe, the Middle East, and Africa) for the Company’s SD7 ruggedized devices, VK7 vehicle units and other accessories. According to Siyata this order brings the year-to-date orders for the SD7 and VK7 to more than $1.8 million.

“Both the SD7 and VK7 products were recently launched, so we are gratified to see increasing adoption of our innovative cellular products and related accessories. Moreover, we expect this adoption trend to continue, given the unique technical capabilities of our product portfolio and the value-proposition they represent to enterprise and first-responder customers.”

Siyata CEO Marc Seelenfreund

The SD7 is a PTT (Push-To-Talk) only device with limited interface. The device is LTE, Wi-Fi, and Bluetooth-enabled and uses the Android operating system. The device was designed to quickly connect and coordinate on unified public cellular networks in North America and other international markets. 

Patent-Pending Car Kit

Siyata also explains that the VK7 is a first-of-its-kind, patent-pending car kit with an integrated 20-watt speaker, a simple slide-in connection sleeve for the SD7, and an external antenna connection for connecting to a windshield or roof mount antenna to allow for an in-vehicle experience for the user that is similar to that from a traditional land mobile radio (LMR) device.

Vehicle Mounted

Siyata Mobile Inc. offers vehicle mounted cellular based communications platforms over advanced 4G mobile networks and cellular booster systems. The company also provides 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, and data fleet management solutions.