Silynxcom(SYNX)

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Silynxcom Secures Order from South American Special Forces Unit for Advanced In-Ear Communication Systems
Globenewswire· 2025-08-05 13:08
Core Insights - Silynxcom Ltd. has received its first purchase order from a special forces unit in South America for its advanced in-ear communication systems, marking a significant step in the company's global expansion strategy [1][2] - The advanced systems are designed to enhance situational awareness and operational effectiveness in complex environments, providing clear audio and active hearing protection [2][3] - The selection of Silynxcom's products followed a rigorous evaluation process, demonstrating the reliability and performance of its technology under demanding field conditions [3] Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [4] - The company's in-ear headsets are utilized in various scenarios, including combat, riot control, and training, and they integrate seamlessly with professional-grade ruggedized radios [4] - Silynxcom's products are designed to provide users with 360° situational awareness while protecting them from hazardous sounds, and the company actively seeks feedback from military and law enforcement personnel to improve product functionality [4]
Silynxcom Receives First Order From IDF for Newly Enhanced Tactical Communication System
Globenewswire· 2025-07-30 13:10
Core Viewpoint - Silynxcom Ltd. has received its first purchase order from the Israel Defense Forces for a newly enhanced tactical communication system, highlighting the company's strong relationship with the IDF and its role in modern combat operations [1][2][3] Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices and accessories that are field-tested and combat-proven [4] - The company's In-Ear Headsets are designed for various high-stakes environments, including combat, riot control, and law enforcement, providing clear audio, situational awareness, and hearing protection [4] - Silynxcom's products integrate seamlessly with professional-grade ruggedized radios used by military and law enforcement, enhancing communication capabilities in demanding situations [4] Recent Developments - The initial order from the IDF is seen as a testament to the trust in Silynxcom's ability to innovate and deliver solutions for tactical and mission-critical operations [3] - The enhanced communication system is expected to further solidify Silynxcom's position as a trusted supplier of communication technology to the IDF [3]
Silynxcom Secures $500,000 of New Orders from Israel Defense Forces, Reinforcing Leadership in Tactical Communication Solutions
Globenewswire· 2025-07-23 13:10
Core Viewpoint - Silynxcom Ltd. has received new purchase orders worth approximately $500,000 from the Israel Defense Forces, highlighting the company's strong relationship with military clients and the growing demand for its tactical communication solutions [1][3]. Group 1: Company Overview - Silynxcom Ltd. specializes in the development and manufacturing of ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [4]. - The company's in-ear headset systems are designed for various applications, including combat, riot control, and training, ensuring clear communication while protecting users from hazardous sounds [4]. - Silynxcom's products integrate seamlessly with professional-grade ruggedized radios used by military and law enforcement personnel, enhancing operational efficiency [4]. Group 2: Product Features - The advanced in-ear headset systems feature active sound protection, ambient environmental awareness, and compatibility with ruggedized radios, ensuring reliable communication in high-intensity environments [2][4]. - The headsets provide 360° situational awareness, allowing users to maintain awareness of their surroundings while communicating effectively [4]. Group 3: Market Position and Future Outlook - The new orders from the IDF reflect the growing global demand for Silynxcom's innovative tactical communication systems as defense forces prioritize operational efficiency [3]. - The company expects to deliver the ordered units in the second half of 2025, indicating a commitment to timely fulfillment of military contracts [3].
Silynxcom Secures $140,000 Order from Asia-Pacific Special Forces for Advanced In-Ear Communication Systems
Globenewswire· 2025-06-05 13:05
Core Viewpoint - Silynxcom Ltd. has received a $140,000 purchase order from a special forces unit in the Asia-Pacific region, highlighting the company's expanding global presence and the increasing demand for its advanced communication solutions among elite military units [1][2]. Group 1: Company Overview - Silynxcom Ltd. specializes in the development and manufacturing of ruggedized tactical communication headset devices, which are field-tested and combat-proven [5]. - The company's in-ear headset systems are recognized for their durability, advanced technology, and critical in-ear sound protection, making them a preferred choice for defense organizations [2][5]. - Silynxcom's products are designed to meet the rigorous demands of elite military operations, enhancing operational effectiveness and safety through features like "talking from the ear" and environmental hearing [3][5]. Group 2: Recent Developments - The recent order from a prestigious special forces unit is seen as a testament to the reliability and effectiveness of Silynxcom's communication systems [3]. - The company has secured recent orders from elite units in various regions, including the Israel Defense Forces and European special forces units, further strengthening its position in the specialized tactical communications market [4]. Group 3: Product Features - Silynxcom's in-ear communication systems incorporate proprietary technology that allows for clear communication while protecting users' hearing in high-noise environments [3]. - The in-ear headsets provide 360° situational awareness by eliminating unsafe sounds while maintaining ambient environmental awareness [5].
Silynxcom Announces Record Annual Revenue of Approximately $9.1 million in 2024
Globenewswire· 2025-05-14 13:15
Core Insights - Silynxcom Ltd. reported a record revenue of $9.1 million for the year ended December 31, 2024, reflecting an 18% increase from the previous year, driven by ongoing expansion and product adoption [6] - The company has introduced innovative products, including an armored personnel carrier headset that enhances battlefield awareness by detecting drone noise while maintaining hearing protection [6] - Silynxcom has received $10 million in orders from the Israel Defense Forces since October 7, 2023, indicating strong demand for its products [6] Financial Highlights - Revenues for 2024 reached $9.1 million, up approximately 18% from the previous year [6] - Gross profit for the year was approximately $3.8 million, a 17% increase compared to $3.2 million in the previous year [6] - Cash and cash equivalents as of December 31, 2024, totaled $3.2 million [6] Corporate Developments - The company closed an underwritten public offering on April 2, 2025, generating gross proceeds of approximately $2.9 million [6] - Silynxcom expanded its sales operations in the Asia Pacific region, enhancing its market presence [6] - The company successfully completed field trials for its innovative in-ear communication solution aimed at boosting situational awareness and safety for military personnel [6]
Silynxcom Has Received $10 Million in Orders from the Israel Defense Forces Since October 7, 2023
Newsfilter· 2025-04-21 13:15
For additional information about the company please visit: https://silynxcom.com Forward-Looking Statements Operational Trust in Silynxcom's Tactical Communication Systems Reflects Urgent National Defense Demands Netanya, Israel, April 21, 2025 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE:SYNX) ("Silynxcom" or the "Company"), a manufacturer and developer of ruggedized tactical communication headset devices, has announced that it had received approximately $10 million in orders from the Israel Defense Forces ("I ...
Silynxcom Receives $1.1 Million Order from Israel Defense Forces
Globenewswire· 2025-04-10 13:16
Core Insights - Silynxcom Ltd. has received a new purchase order valued at approximately $1.13 million from the Israel Defense Forces (IDF), reinforcing its position as a trusted supplier of advanced tactical communication solutions [1][2][3] Company Overview - Silynxcom develops, manufactures, and sells ruggedized tactical communication headset devices that are field-tested and combat-proven, designed for use in various high-stress environments such as combat, riot control, and training [5] - The company's In-Ear Headsets provide superior audio clarity, enhanced situational awareness, and exceptional hearing protection, allowing clear communication in high-noise environments [3][5] Market Position - The new order from the IDF highlights the growing demand for Silynxcom's products across military and law enforcement organizations worldwide, further solidifying the company's strong position in the global defense market [2][4][3] - The ongoing relationship with the IDF validates the effectiveness and reliability of Silynxcom's products in demanding operational conditions [3][4]
Silynxcom Ltd. Announces Closing of Public Offering
GlobeNewswire News Room· 2025-04-02 21:14
Core Viewpoint - Silynxcom Ltd. has successfully closed an underwritten public offering of 1,290,000 ordinary shares at a price of $2.25 per share, generating approximately $2.9 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering consisted of 1,290,000 ordinary shares priced at $2.25 each, resulting in gross proceeds of about $2.9 million [1]. - The underwriters have a 45-day option to purchase an additional 193,500 ordinary shares to cover over-allotments at the same public offering price [1]. - ThinkEquity served as the sole book-running manager for this offering [2]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [5]. - The company's In-Ear Headsets are designed for use in various high-risk environments, providing active sound protection while maintaining situational awareness [5]. - Silynxcom sells its products directly to military and law enforcement agencies and collaborates with local distributors and strategic partners in the radio equipment sector [5].
Silynxcom Ltd. Announces Pricing of Public Offering
Globenewswire· 2025-04-01 03:14
Core Viewpoint - Silynxcom Ltd. has announced a public offering of 1,290,000 ordinary shares at a price of $2.25 per share, aiming for gross proceeds of approximately $2.9 million, with the offering expected to close on April 2, 2025 [1][2]. Group 1: Offering Details - The public offering consists of 1,290,000 ordinary shares priced at $2.25 each, targeting gross proceeds of around $2.9 million before expenses [1]. - The underwriters have a 45-day option to purchase an additional 193,500 shares to cover over-allotments [1]. - The offering will be conducted under a shelf registration statement filed with the SEC, which became effective on March 7, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering are intended primarily for working capital and general corporate purposes [2]. Group 3: Company Overview - Silynxcom Ltd. specializes in developing and manufacturing ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [5]. - The company's In-Ear Headsets are designed for use in various high-risk environments, providing active sound protection while maintaining situational awareness [5]. - Silynxcom sells its products directly to military and law enforcement agencies and collaborates with local distributors and radio equipment manufacturers [5].
Silynxcom Ltd. Announces Proposed Public Offering of Ordinary Shares
Globenewswire· 2025-03-31 20:26
Core Viewpoint - Silynxcom Ltd. plans to conduct an underwritten public offering of ordinary shares, with the proceeds primarily allocated for working capital and general corporate purposes [1][3]. Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding the completion, size, or terms of the offering [1][2]. - ThinkEquity is the sole book-running manager for the offering, and the company may grant the underwriter a 45-day option to purchase an additional 15% of the shares sold to cover over-allotments [2]. Group 2: Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [6]. - The company's In-Ear Headsets are designed for use in various high-risk environments, providing active sound protection while maintaining situational awareness [6]. - Silynxcom sells its products directly to military and law enforcement agencies and collaborates with local distributors and radio equipment manufacturers [6].