Recent Corporate Highlights: On April 2, 2025, the Company announced the closing of underwritten public offering of, for gross proceeds of approximately $2.9 million, before deducting underwriting discounts and offering expenses. Entry into drone detection technology- the Company introduced an armored personnel carrier headset that enhances battlefield awareness by detecting drone noise while maintaining hearing protection. Received $10 Million in orders from the Israel Defense Forces Since October 7, 2023. Asia Pacific Growth- expanded sales operations in the Asia Pacific region. Enhanced its position as a market innovator with new orders from militaries, special units and police departments worldwide. Advanced its revolutionary in-ear communication solution with real-time vital signs monitoring. Successfully completed field trials for its innovative product, aimed at boosting situational awareness and safety for armored personnel carrier crews and other heavy military vehicles, with a military force in Asia.
Securities and Exchange Commission ("SEC”), which can be accessed on its website at Shareholders may request, free of charge, a hard copy of the Annual Report, which includes Silynxcom’s complete audited consolidated financial statements for the year ended December 31, 2024, by contacting ir@silynxcom.com.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.
Netanya, Israel, May 14, 2025 (GLOBE NEWSWIRE) -- Silynxcom Ltd.(NYSE American: SYNX) ("Silynxcom" or the "Company"), a manufacturer and developer of ruggedized tactical communication headset devices, has released its consolidated financial results for the full year period ended December 31, 2024. Key Financial Highlights for 2024: Revenues for the year ended December 31, 2024 increased to a record of $9.1 million, up approximately 18% from the previous year.
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