financetom
Business
financetom
/
Business
/
Why Is Siyata Mobile Stock Rocketing On Monday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why Is Siyata Mobile Stock Rocketing On Monday?
Oct 21, 2024 4:55 PM

Siyata Mobile Inc. ( SYTA ) shares are trading higher on Monday. The company disclosed that its next-generation SD7 Ultra series 5G mission-critical push-to-talk (MCPTT) cellular radio handsets will be available on T-Mobile US, Inc. ( TMUS )‘s 5G network.

Siyata Mobile’s SD7 Ultra series cellular radio handsets will provide public safety officials with dependable nationwide radio communications via T-Mobile’s direct connect platform.

In addition to reliable connectivity, users will access innovative applications that enhance operational awareness.

This technology is designed to improve response times, enabling emergency services to effectively handle critical situations and ultimately save lives.

Marc Seelenfreund, CEO of Siyata Mobile ( SYTA ), said, “Our SD7 Ultra series 5G cellular radio handsets represent the next generation of mission critical cellular devices for first responders.”

”Combined with T-Mobile’s powerful 5G network, our cellular radios provide the ultimate solution for first responders who depend upon effective and reliable communication systems.”

Price Action: SYTA shares are up 147.5% at $2.50 at the last check Monday.

Image by Joseph Mucira from Pixabay

Read Next:

Siyata Mobile Delivers SD7 Handsets To California Parks; Q2 Earnings Reflect Challenges

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IPO is a significant milestone for startups, but should not be the ultimate goal, says expert
IPO is a significant milestone for startups, but should not be the ultimate goal, says expert
Nov 16, 2023
In a discussion with CNBC-TV18, Nisha Poddar engaged with industry experts Karan Sharma (MD & Co-Head of Digital & Tech Investment Banking at Avendus Capital), Disha Singh (Co-Founder at Zouk), and Rahul Chowdhri (Partner at Stellaris Venture Partners). The conversation delved into the prevailing challenges for startups amidst a funding winter, exploring viable options and shedding light on the practicalities of deals in the startup landscape.
Hearing Solutions to utilise ₹50 crore fundraise for nationwide expansion, says managing director
Hearing Solutions to utilise ₹50 crore fundraise for nationwide expansion, says managing director
Nov 20, 2023
Hearing Solutions, the company behind the Hearzap hearing care chain, has successfully secured Rs 50 crore in funding from the healthcare and life sciences-focused private equity fund of 360 One Asset Management.
Lendingkart CEO calls for innovative approaches to tackle credit crunch in SME sector
Lendingkart CEO calls for innovative approaches to tackle credit crunch in SME sector
Nov 17, 2023
Lendingkart CEO Harshvardhan Lunia discussed Lendingkart's performance, highlighting the increased credit demand in the SME space during the festive season. He attributed this surge to a more celebratory Diwali season and reported substantial growth for Lendingkart.
Experts decode the best practices India's startups need to adopt as they commit to gender parity
Experts decode the best practices India's startups need to adopt as they commit to gender parity
Nov 16, 2023
Despite women holding only 19% of corporate positions, there is a glimmer of hope in the startup landscape. The ACT's Women in India’s Startup Ecosystem report reveals that 35% of the Indian startup workforce is female. By taking targeted and timely actions, the representation of women in startups could potentially reach 50% by 2030.
Copyright 2023-2026 - www.financetom.com All Rights Reserved