Core Insights - Genasys Inc. is positioned for significant revenue growth due to incoming international orders and ongoing defense contracts, including a notable foreign military sales (FMS) contract valued at over $2.7 million [3][4]. Company Overview - Genasys Inc. is recognized as the global leader in Protective Communications, offering a comprehensive platform for preparedness, response, and analytics, alongside its Long Range Acoustic Devices (LRAD) [3]. - The company has been operational for over 40 years, protecting more than 70 million people across over 100 countries, including more than 500 cities in the U.S. [3]. Recent Developments - The company has received new and follow-on defense orders from the Middle East, which are part of a previously announced FMS contract for deploying LRAD systems on shore installations and naval ships [4]. - CEO Richard S. Danforth highlighted that delayed international orders are now being fulfilled, which is expected to enhance the company's pipeline and backlog significantly [3].
Genasys Lands $900K in LRAD Defense Orders from Middle East