Silynxcom(SYNX)
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Silynxcom to Launch CLARUS II Tactical Communication and Hearing Protection System
Globenewswire· 2026-01-15 14:00
Netanya, Israel, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced the upcoming launch of CLARUS II, its next-generation in-ear tactical communication and hearing protection system. Developed based on extensive operational insights and real-world lessons learned from recent Israeli Defense Forces combat operations, CLARUS II represents a major advancement i ...
Silynxcom Announces Over $1.3 Million in Purchase Orders from Israeli Defense Forces and Tactical Units in Recent Months
Globenewswire· 2025-12-23 13:45
Core Insights - Silynxcom Ltd. has received multiple purchase orders totaling over $1.3 million from leading defense organizations in Israel, indicating strong demand for its tactical communication headset devices [1][3][4] Group 1: Recent Orders - The recent orders include a $100,000 order from a leading military unit for tactical headset systems and related communication accessories [6] - A $935,000 order from an elite tactical unit for advanced in-ear tactical headset systems was announced, enhancing operator safety and situational awareness [6] - An order exceeding $286,000 from the Israel Defense Forces (IDF) for tactical communication headset systems was also announced [6] Group 2: Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices 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 [4] - The headsets provide active sound protection while maintaining ambient awareness, ensuring users can communicate effectively in hazardous situations [4]
Silynxcom Secures Order of $3 Million for Advanced Tactical Communication Solutions to Asian Military Customer
Globenewswire· 2025-12-12 14:12
Core Insights - Silynxcom Ltd. has received a purchase order exceeding $3 million from a military customer in Asia, indicating a growing demand for its tactical communication solutions [1][3] - The order includes the company's flagship tactical in-ear headset system, which enhances situational awareness and team coordination for soldiers in combat [2][3] - The CEO of Silynxcom highlighted that this order marks a significant milestone in the company's strategic expansion in Asia, with expectations for increased market penetration and long-term opportunities [3] Product Overview - Silynxcom specializes in ruggedized tactical communication headset devices, which are field-tested and combat-proven [4] - The in-ear headsets provide active sound protection while maintaining ambient awareness, allowing users to communicate clearly in hazardous environments [4] - The company collaborates closely with military and law enforcement customers to improve product functionality based on real-world feedback [4] Market Position - Silynxcom has established a strong presence in the Asian market, with previous contracts demonstrating the reliability of its products [3] - The region is viewed as a high-growth area due to ongoing defense modernization initiatives, presenting significant potential for future contracts [3]
Silynxcom Receives Over $286,000 Tactical Communication Headset Order from the Israel Defense Forces
Globenewswire· 2025-12-03 14:13
Netanya, Israel, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) ("Silynxcom" or the "Company"), a manufacturer and developer of ruggedized tactical communication headset devices, today announced that it has received a purchase order exceeding $286,000 from the Israel Defense Forces (“IDF”) for the Company’s tactical communication headset systems. The IDF has long been a strategic customer of Silynxcom, and the Company believes that this new order illustrates the trust placed in the C ...
Silynxcom Receives $935,000 Order from Elite Tactical Unit for Advanced In-Ear Solutions Enhancing Operator Safety in High-Risk Operations
Globenewswire· 2025-10-08 13:05
Core Insights - Silynxcom Ltd. has received a purchase order worth $935,000 for its in-ear tactical headset systems, aimed at enhancing communication capabilities for field personnel [1] - The selected headsets, including the Clarus and C4 series, provide superior hearing protection with active noise cancellation, ensuring operators can operate effectively in hazardous environments [2] - The CEO of Silynxcom emphasized the trust in their solutions by specialized forces and highlighted the focus on operator safety and performance enhancement [3] Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices 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 training, integrating seamlessly with professional-grade ruggedized radios [4] - Silynxcom collaborates closely with military and law enforcement customers to improve product functionality based on real-world feedback [4]
Silynxcom Lands $100,000 Order from Leading Military Unit for Advanced Tactical Communication Headsets
Globenewswire· 2025-09-29 12:05
Core Insights - Silynxcom Ltd. has received a new purchase order valued at approximately $100,000 from a leading military unit for its tactical headset systems and related communication accessories [1][2] - The order signifies Silynxcom's commitment to providing advanced communication solutions to elite military forces, enhancing safety and mission effectiveness [2][4] Company Overview - Silynxcom Ltd. specializes in the development, manufacturing, marketing, and sales of ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [4] - The company's In-Ear Headsets are designed for various high-stress environments, including combat, riot control, and training, ensuring clear communication while protecting users from hazardous sounds [3][4] - Silynxcom's products integrate seamlessly with professional-grade ruggedized radios, providing users with 360° situational awareness and active sound protection [4] Product Features - The tactical headsets offer superior situational awareness, active hearing protection, and seamless integration with radios, which are crucial for high-intensity operational environments [2][3] - The lightweight and ruggedized design of the headsets allows for effective communication while maintaining user safety in challenging conditions [3][4] Strategic Positioning - The company emphasizes its dedication to innovation and life-saving equipment, reflecting the trust placed in its solutions by military forces [4] - Silynxcom collaborates closely with customers to enhance product functionality and quality based on feedback from users in the field [4]
Silynxcom(SYNX) - 2025 Q2 - Quarterly Report
2025-09-26 20:06
Financial Performance - Total revenue for the six-month period ended June 30, 2025, was $2,265,000, a decrease of 57.8% compared to $5,356,000 for the same period in 2024[7] - Gross profit for the same period was $813,000, down 69.4% from $2,650,000 in 2024[7] - Operating loss increased to $1,609,000 for the six-month period, compared to an operating profit of $267,000 in 2024[7] - Net loss for the period was $1,636,000, compared to a net loss of $696,000 in the prior year, representing a 134.4% increase in losses[7] - Revenue for the six months ended June 30, 2025, was $2.265 million, a decrease of 57.8% compared to $5.356 million for the same period in 2024[34] - The Company reported a loss of $1.636 million for the six months ended June 30, 2025, compared to a loss of $696,000 in the same period of 2024[41] Assets and Liabilities - Total current assets increased to $8,288,000 as of June 30, 2025, up from $7,654,000 at the end of 2024, reflecting a growth of 8.3%[4] - Total liabilities decreased to $2,905,000 as of June 30, 2025, down from $3,244,000 at the end of 2024, a reduction of 10.5%[5] - Shareholders' equity increased to $6,604,000 as of June 30, 2025, compared to $5,547,000 at the end of 2024, marking an increase of 19.1%[5] - Cash and cash equivalents rose to $3,536,000 at the end of June 2025, up from $3,178,000 at the beginning of the year, an increase of 11.3%[10] Research and Development - Research and development expenses increased to $384,000 for the six-month period, up 48.2% from $259,000 in 2024[7] Share Offering - The company completed an underwritten public offering of 1,290,000 ordinary shares at a price of $2.25 per share, raising approximately $2,900,000[16] - The Company closed a public offering of 1,290,000 ordinary shares at a price of $2.25 per share, raising approximately $2.9 million in gross proceeds[32] Customer Dependence - The Company has a significant reliance on key customers, with Customer 1 contributing $1.178 million in revenue for the six months ended June 30, 2025, down from $2.032 million in 2024[34] - Demand for the Company's products from the Israel Defense Forces significantly increased since October 7, 2023, although this increase moderated during 2025[25] Trade Receivables - Trade receivables from key customers totaled $759,000 as of June 30, 2025, compared to $1.013 million as of December 31, 2024[36] Risk Factors - The Company’s commercial insurance does not cover losses from war and terrorism, which poses a risk to its financial stability[24] - The exercise price for granted options was revised to $1.80 in August 2025, down from $3.97[31] Share Count - The weighted average number of ordinary shares used to calculate basic and diluted earnings per share increased to 5,980,000 in 2025 from 5,124,000 in 2024[41]
Silynxcom Announces First Half of 2025 Financial Results, Expands Client Diversity and Raised $2.9M to Support Growth
Globenewswire· 2025-09-26 20:05
Core Insights - Silynxcom Ltd. has reported significant progress in diversifying its client base internationally and has strengthened its financial position following a $2.9 million capital raise, positioning the company for future growth in the tactical communications sector [1][2] Financial Highlights - For the six months ended June 30, 2025, Silynxcom generated revenue of $2.3 million, a decrease from $5.356 million in H1 2024, with operating expenses of $2.4 million reflecting investments in innovation and market expansion [6] - Total assets increased by 8% to $9.5 million, cash and cash equivalents rose by 11% to $3.5 million, and current liabilities decreased by 20% to $1.9 million compared to December 31, 2024 [6] - The company reported a net loss of $1.6 million, or ($0.27) per share, compared to a net loss of $0.7 million, or ($0.14) per share, in H1 2024 [6] Strategic and Operational Achievements - The company is expanding its client base across the U.S., Europe, and Asia, leveraging new orders and innovative products to meet rising global defense needs [2] - Silynxcom has diversified its revenue sources, reducing reliance on key clients and enhancing resilience amid moderated demand from the Israel Defense Forces (IDF) [6] - The company increased its inventory by $0.24 million to $3.4 million, preparing for potential demand recovery in global defense markets [6] Recent Developments - On July 23, 2025, Silynxcom secured a $140,000 purchase order from a special forces unit in the Asia-Pacific region [6] - On July 30, 2025, the company received a $500,000 order from the IDF for in-ear headset systems and accessories [6] - On September 11, 2025, Silynxcom landed a $750,000 order from the IDF for tactical communication headsets, contributing to cumulative orders of approximately $10 million from Israeli forces since October 7, 2023 [6] Product Innovation - In August 2025, Silynxcom entered the drone detection technology market with a specialized headset for armored personnel carriers and enhanced in-ear solutions with real-time vital signs monitoring [8]
Silynxcom Secures Order from a Naval Force for Combat-Proven Headset Technology
Globenewswire· 2025-09-16 13:12
Group 1 - Silynxcom Ltd. has secured a purchase order exceeding $200,000 from the Israeli Navy for advanced headset systems [1] - This follows a recent $750,000 order from the Israel Defense Forces, reinforcing Silynxcom's position as a trusted provider for military communication solutions [2] - The headsets are designed for exceptional situational awareness, hearing protection, and seamless radio connectivity in challenging environments [3] Group 2 - Silynxcom's products are combat-proven and have been field-tested in various scenarios, including naval operations and battlefield conditions [3] - The company emphasizes collaboration with military and law enforcement units to enhance operational effectiveness through innovative audio solutions [4] - Silynxcom develops and sells ruggedized tactical communication headsets that integrate with professional-grade radios used by military and law enforcement [5]
Silynxcom Receives Over $750,000 Tactical Communication Headset Order from the Israel Defense Forces
Globenewswire· 2025-09-11 12:31
Core Insights - Silynxcom Ltd. has received a purchase order exceeding $750,000 from the Israel Defense Forces for advanced in-ear headset systems, indicating strong demand for its products [1][2] - The company emphasizes its role as a trusted provider of mission-critical communications technology, enhancing soldier safety and operational effectiveness [3] Company Overview - Silynxcom Ltd. specializes in the development, manufacturing, marketing, and sales of ruggedized tactical communication headset devices, which are field-tested and combat-proven [3] - The company's in-ear headsets are designed for various high-stakes environments, including combat, riot control, and law enforcement, providing seamless integration with professional-grade ruggedized radios [3] - The headsets feature active sound protection while maintaining ambient awareness, offering users 360° situational awareness [3] Strategic Partnerships - Silynxcom has established key strategic partnerships with radio equipment manufacturers and sells its products directly to military forces and law enforcement units [3]