Silynxcom Ltd. ( (SYNX) ) has issued an announcement.
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Silynxcom Ltd. has reported a record-breaking estimated revenue of $9.2 million for 2024, marking a significant growth of over 20% compared to the previous year. This growth is attributed to successful product introductions, expansion into new markets, and strong collaborations with major clients like the U.S. Air Force and Israel Defense Forces, positioning the company as a leader in the defense sector.
More about Silynxcom Ltd.
Silynxcom Ltd. is a company specializing in the development, manufacturing, and marketing of ruggedized tactical communication headset devices along with other communication accessories. These products are field-tested and combat-proven, used in various demanding environments such as combat, riot control, and weapons training. The company’s in-ear headsets are designed to integrate seamlessly with professional-grade ruggedized radios, providing users with clear communication and situational awareness while protecting against hazardous sounds. Silynxcom serves military forces, police, and law enforcement units directly and through strategic partnerships with radio equipment manufacturers.
YTD Price Performance: 10.80%
Average Trading Volume: 36,778
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $22.79M
For an in-depth examination of SYNX stock, go to TipRanks’ Stock Analysis page.
