Silynxcom Estimates Record Annual Revenue of Approximately $9.2 million in 2024

Core Insights - Silynxcom Ltd. reported record-breaking annual revenue of over $9.2 million for 2024, reflecting a growth of more than 20% compared to 2023, indicating strong operational and business growth in the defense market [1][4] - The company has established collaborations with key customers, including the U.S. Air Force and the Israel Defense Forces, which underscores the trust in its innovative communication solutions [1][2] - As of December 31, 2024, Silynxcom's cash and cash equivalents totaled$ 3.2 million, providing a solid financial foundation for future growth [4] Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices and accessories that are field-tested and combat-proven [2] - The company's In-Ear Headsets are designed for use in various high-stress environments, including combat, riot control, and training, ensuring clear communication while protecting users from hazardous sounds [2] - Silynxcom maintains close relationships with military and law enforcement customers to enhance product functionality and quality based on real-world feedback [2]