Friday, 16 August 2024

Breaking News: Siyata Mobile Inc. (Nasdaq: SYTA) Projects Q3 Breakout, Shares Move Approx 46% Pre-Market

Market Crux Exclusive:  Immediately Start Your Research on Siyata Mobile Inc. (Nasdaq: SYTA)!


Our Next Profile is Siyata Mobile Inc. (Nasdaq: SYTA)!


Siyata Mobile Inc. (Nasdaq: SYTA) Comes Stacked with Several Potential 

Catalysts Including:


Upcoming Quarterly Results Call Tomorrow Morning: August 16, 2024, 8:30 A.M. ET, Insights Into Recent Performance And Strategy!


Razor Thin Float: Fewer Than 4 Mln Shares, Potential For Significant Price Swings If Demand Shifts!


Higher Potential For Growth: Nano-Cap Company With Market Cap Under $2M, Could Indicate a Higher Growth Potential!


Oversold Technicals: Siyata Mobile Inc. (Nasdaq: SYTA)'s Technical Indicators Reveal it Could be Entering a Severely Oversold State!



Make Sure Siyata Mobile Inc. (Nasdaq: SYTA) is on Your Watchlist Early This Morning!











August 16, 2024



Dear Reader,




Immediately turn your attention to Siyata Mobile Inc. (Nasdaq: SYTA).


You see, this morning, Siyata Mobile Inc. (Nasdaq: SYTA) will be hosting their Second Quarter 2024 Results Call at around 8:30 AM EST, and we’re very excited to initiate our coverage of the company. 


Siyata Mobile Inc. (Nasdaq: SYTA) has just revealed its bullish outlook for the third quarter, underpinned by a substantial $7M order backlog. 


CEO Marc Seelenfreund expects Q3 to be a breakout period, with high double-digit year-over-year growth on the horizon as order deliveries accelerate. 


The market is already reacting, with shares closing at $2.39 yesterday  and experiencing an approximate 46% move in this morning’s pre-market, reaching $3.51 and surpassing the 5-day moving average of $2.76. 


With SD7 handsets now widely available across four leading North American carriers, Siyata Mobile Inc. (Nasdaq: SYTA)  is poised for significant expansion and long-term success into 2025.


See the full news release here.



But you'll need to hurry because Siyata Mobile Inc. (Nasdaq: SYTA) has fewer than 4 Mln shares available to the public. This limited float means significant price movements could occur if demand shifts. 


As a nano-cap company with a market cap under $2M , Siyata Mobile Inc. (Nasdaq: SYTA) could be positioned for substantial growth potential. 


Siyata Mobile Inc. (Nasdaq: SYTA)'s technical indicators reveal that it could be entering a severely oversold state. 


With RSI levels at 9-Day: 13.09%, 14-Day: 18.16%, and 20-Day: 24.04%, there are strong indications of a potential trend reversal.



Keep reading to see why Siyata Mobile Inc. (Nasdaq: SYTA) needs to be at the top of your watchlist this morning.


With communication technology continually pushing boundaries, Siyata Mobile Inc. (Nasdaq: SYTA) has established itself as a major force in the industry. 


This B2B global developer and vendor offers next-generation Push-To-Talk (PTT) over Cellular handsets and accessories, providing indispensable tools for first responders and enterprise workers. 


Across industries like law enforcement, healthcare, and utilities, Siyata’s innovative solutions are enhancing both safety and operational efficiency.


Why Siyata Mobile Inc. (Nasdaq: SYTA) Matters

Siyata Mobile Inc. (Nasdaq: SYTA)’s portfolio of rugged PTT handsets and accessories provides instant communication over a nationwide cellular network, a feature that is indispensable for first responders and enterprise clients. 


In addition to their handheld devices, Siyata also offers enterprise-grade In-Vehicle solutions and Cellular Booster systems, ensuring that communication remains uninterrupted even in areas with weak cellular signals. 



This capability is not only about convenience; it’s about enhancing situational awareness, improving safety, and potentially saving lives.


But Siyata Mobile isn't just a company that creates products; it's a company that collaborates with industry leaders to ensure their technology reaches those who need it most. 


They distribute their portfolio through top North American and international cellular carriers and distributors, solidifying their global reach and influence.


Recent News: A Partnership with Verizon

One of the most significant recent milestones for Siyata Mobile Inc. (Nasdaq: SYTA) is its partnership with Verizon. On July 26, 2024, Siyata launched the Siyata SD7, a purpose-built, mission-critical push-to-talk device, in collaboration with Verizon. 


This device is designed to revolutionize communication for first responders and enterprise clients across the United States.


Cory Davis, Vice President of Verizon Frontline, expressed his enthusiasm for the partnership, highlighting how the Siyata SD7 could be a game-changer for first responders. 


The SD7 is not just another device; it’s a rugged, easy-to-use "cellular radio" solution that offers superior coverage, improved functionality, and low start-up and operating costs.


Marc Seelenfreund, CEO of Siyata, shared his optimism, stating that the inclusion of the SD7 in Verizon’s stocked handset portfolio could accelerate the transition of traditional radio users to Verizon’s Push to Talk Plus solution. 


This collaboration underscores Siyata's ability to deliver top-tier technology that aligns perfectly with the needs of critical service providers.


Recent Milestones: Building Momentum


Siyata Mobile Inc. (Nasdaq: SYTA)’s momentum isn’t just confined to its partnership with Verizon. 


The company has achieved several key milestones in recent months that highlight its growth and the increasing demand for its products:


  • January 2024: Siyata announced partnerships with CTS Mobility, LTD, and expanded distribution agreements, bringing its mission-critical PoC SD7 solution to new markets.
  • February 2024: The company received a significant purchase order for its UV350 in-vehicle communication devices from an international EMS provider, further establishing its footprint in the emergency services sector.
  • March 2024: Siyata participated in the International Wireless Communications Expo (IWCE) in partnership with Verizon, showcasing its SD7 Mission Critical PTT Handset and VK7 Vehicle Kit.
  • April 2024: Siyata expanded its distribution partnership with 3AM Innovations, integrating incident command software with the SD7 handset to enhance safety at emergency scenes.
  • May 2024: The company announced new orders and partnerships, including a significant expansion of its relationship with Baha Mar Resorts in the Bahamas and a new order from the City of Lancaster Public Utilities Department.
  • June 2024: Siyata entered into a partnership with JD Telecom, a strategic distribution partner for T-Mobile, to expand its distribution channels further.
  • July 2024: The company continued to strengthen its leadership team by appointing Bob Escalle as Vice President of Public Safety and adding TJ Kennedy, former President of FirstNet, to its Advisory Board. Moreover, the Zello push-to-talk application became available on Siyata's SD7 handset, enhancing its functionality.


Pull Up Siyata Mobile Inc. (Nasdaq: SYTA) Right Now!


Siyata Mobile Inc. (Nasdaq: SYTA) is more than just a technology company; it's a pivotal player in the world of mission-critical communication. 


With its recent partnership with Verizon and a series of strategic milestones, Siyata is well-positioned to expand its influence and continue to innovate in the PTT space. 


The company’s ability to secure significant purchase orders, expand global distribution, and forge alliances with key industry leaders underscores its growth potential.


Given the increasing reliance on robust communication solutions in both public safety and enterprise environments, Siyata Mobile’s technology is likely to see growing demand.


7 reasons to immediately start your research on 

Siyata Mobile Inc. (Nasdaq: SYTA)...


1. Upcoming Quarterly Results Call: The Second Quarter 2024 Financial Results Call, scheduled for tomorrow (August 16, 2024) at 8:30 a.m. ET, will offer critical insights into recent performance and future strategy for Siyata Mobile Inc. (Nasdaq: SYTA).


2. Razor Thin Float: With fewer than 4 Mln shares available to the public, the limited supply could result in significant price swings for Siyata Mobile Inc. (Nasdaq: SYTA) if demand begins to shift, making this one company to keep a close eye on.


3. Higher Potential for Growth: As a nano-cap company with a market cap under $2M, the higher potential for growth compared to larger companies is a key feature of Siyata Mobile Inc. (Nasdaq: SYTA).


4. Oversold Technicals: Siyata Mobile Inc. (Nasdaq: SYTA)'s technical indicators reveal that it could be entering a severely oversold state. With RSI levels at 9-Day: 13.09%, 14-Day: 18.16%, and 20-Day: 24.04%, there are strong indications of a potential trend reversal.


5. Strategic Partnerships: Key partnerships with industry giants like Verizon and T-Mobile have been forged by Siyata Mobile Inc. (Nasdaq: SYTA), enhancing its market presence and credibility within the communication technology sector.


6. Cutting-Edge Technology: The next-generation Push-To-Talk (PTT) over Cellular handsets and accessories, offered by Siyata Mobile Inc. (Nasdaq: SYTA), are at the forefront of critical communication solutions, making them essential for first responders and various industries.


7. Patent-Protected Products: The recent patent for the VK7 Vehicle Kit underscores the commitment of Siyata Mobile Inc. (Nasdaq: SYTA) to developing unique and innovative solutions tailored to customer needs.



Do Not Miss Out on Siyata Mobile Inc. (Nasdaq: SYTA)!


With fewer than 4Mln shares available to the public, Siyata Mobile Inc. (Nasdaq: SYTA) stands poised for potential significant price movements as demand increases. 


As a nano-cap company with a market cap under $2M, Siyata Mobile Inc. (Nasdaq: SYTA) unique growth potential that demands your immediate attention. 


The upcoming quarterly results call on tomorrow ( August 16, 2024), is a pivotal event to understand the company’s performance and strategic direction. 


Siyata Mobile Inc. (Nasdaq: SYTA)’s partnerships with industry leaders like Verizon and T-Mobile, combined with their cutting-edge, patent-protected technology, highlight a company that is rapidly expanding its influence and impact. 


Do not wait on Siyata Mobile Inc. (Nasdaq: SYTA).


Pull up (SYTA) right now and start your research.


I’ll check back in with you shortly.

Sincerely,


Gary Silver

Managing Editor,

MarketCrux

MarketCrux (MarketCrux . com) is owned by Headline Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. MarketCrux full disclosure is to be read and fully understood before using MarketCrux website, or joining MarketCrux's email or text list. By viewing MarketCrux website and/or reading MarketCrux email or text newsletter you are agreeing to MarketCrux full disclosure which can be read at marketcrux.com/disclaimer



Pursuant to an agreement between Headline Media LLC and TD Media LLC, Headline Media LLC has been hired for a period beginning on 08/15/2024 and ending on 08/16/2024 to publicly disseminate information about (SYTA:US) via digital communications. Headline Media LLC has been paid seven thousand five hundred USD to disseminate information about (SYTA:US) via digital communications. We own zero shares of (SYTA:US). Please see important disclosure information here: https://marketcrux.com/syta-disclosure-7911/

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