Silynxcom Announces New Order from Israel Defense Forces - Total IDF Orders Surpass $2.3 Million Since Q3 2024
03 Janvier 2025 - 3:15PM
Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the
“Company”), a manufacturer and developer of ruggedized tactical
communication headset devices, announced today that it has received
a new purchase order valued at $330,000 from the Israel Defense
Forces (“IDF”). This latest order brings the total accumulated
orders from the IDF to over $2.33 million since the beginning of
the third quarter of 2024, reinforcing Silynxcom’s growing presence
and trust placed in its solutions within the global defense market.
“We are proud to continue supporting the IDF
with our innovative communication systems tailored to meet the
demands of modern defense operations,” said Nir Klein, Chief
Executive Officer of Silynxcom. “This milestone reflects the
confidence in our solutions and highlights our strengthening
position as a trusted partner for defense forces worldwide.”
Silynxcom’s cutting-edge technology is designed
to provide unparalleled communication clarity and situational
awareness while safeguarding hearing and monitoring vital signs.
These solutions have become a critical tool for military and
defense organizations worldwide, contributing to enhanced
operational performance and safety.
About Silynxcom Ltd.
Silynxcom Ltd. develops, manufactures, markets,
and sells ruggedized tactical communication headset devices as well
as other communication accessories, all of which have been
field-tested and combat-proven. The Company’s in-ear headset
devices, or In-Ear Headsets, are used in combat, the battlefield,
riot control, demonstrations, weapons training courses, and on the
factory floor. The In-Ear Headsets seamlessly integrate with third
party manufacturers of professional-grade ruggedized radios that
are used by soldiers in combat or by police officers in leading
military and law enforcements units. The Company’s In-Ear Headsets
also fit tightly into the protective gear to enable users to speak
and hear clearly and precisely while they are protected from the
hazardous sounds of combat, riots or dangerous situations. The
sleek, lightweight, In-Ear Headsets include active sound protection
to eliminate unsafe sounds, while maintaining ambient environmental
awareness, giving their customers 360° situational awareness. The
Company works closely with its customers and seek to improve the
functionality and quality of the Company’s products based on actual
feedback from soldiers and police officers “in the field.” The
Company sells its In-Ear Headsets and communication accessories
directly to military forces, police and other law enforcement
units. The Company also deals with specialized networks of local
distributors in each locale in which it operates and has developed
key strategic partnerships with radio equipment manufacturers.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
federal securities laws and are subject to substantial risks and
uncertainties. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” “will” “would,” or the negative of these
words or other similar expressions, although not all
forward-looking statements contain these words. For example, the
Company uses forward-looking statements when it discusses: that
this purchase order highlights the Company’s strengthening position
as a trusted partner for defense forces worldwide. Further, certain
forward-looking statements are based on assumptions as to future
events that may not prove to be accurate. These and other risks and
uncertainties are described more fully in the section titled “Risk
Factors” in the Company’s Annual Report on Form 20-F for the year
ended December 31, 2023 filed with the U.S. Securities and Exchange
Commission (the “SEC”) on April 30, 2024, and other documents filed
with or furnished to the SEC which are available on the SEC’s
website, www.sec.gov. The Company cautions you not to place
undue reliance on any forward-looking statements, which speak only
as of the date they are made. The Company undertakes no obligation
to update these statements for revisions or changes after the date
of this release, except as required by law.
INVESTOR RELATIONS CONTACTS:
Michal Efraty IR Manager ir@silynxcom.com
Silynxcom (AMEX:SYNX)
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