Stock Groups

Siyata Mobile Surges On $1.3m Order -Breaking

by Mike Robinson

[ad_1]

© Reuters.

Sam Boughedda

Investing.com — Siyata Mobile Inc (NASDAQ:) shares more than doubled Tuesday after the company said it has received a $1.3 million purchase order for police and first responder customers in the EMEA region.

It is for Siyata’s newly launched SD7 devices, VK7 car units and accessories. This is Siyata’s biggest order, increasing its total year-to date orders for VK7 vehicles and SD7 devices to over $1.8 million.

The company shares soared to $6.71 in response.

Marc Seelenfreund, CEO of Siyata said that the adoption trend will continue due to the technical advantages and value propositions our products offer to enterprises and customers who are first responders.

Siyata — a vendor of Push-to-Talk over cellular devices and cellular signal booster systems — has seen its shares slide over 40% this year after a decline since its February high of $15.75. 

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]