Thursday, May 16, 2024

With revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radar

The New Way To Two-Way.................................................................................

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Revolutionizing communication is what this NASDAQ-traded next-gen solution provider is doing. 

As a leading developer and distributor of technologically advanced mission-critical Push to Talk Over Cellular (PoC) devices, this emerging company is offering rugged handsets and in-vehicle devices for global responders and enterprise customers. These solutions are targeting to disrupt the multi-billion dollar Land Mobile Radio (LMR) industry, one that is dominated by big leaders like Motorola Solutions and L3 Harris Technologies, Inc.!  The Mission Critical Push to Talk Over Cellular (PoC) industry is experiencing rapid growth, with a forecasted global PoC growth of approximately 9.4% CAGR, reaching approximately $6.95 billion by 2027.

2023 was a year of strong growth and expansion for the company. Revenue increased 27% and gross margin increased 92% over 2022 as the company expanded use cases for its SD7 PTT handsets into new verticals, landed wins in new geographies, added new distribution channels, and achieved 'stocked status' with two of the largest U.S. cellular carriers with a third expected imminently! Demand for the company's devices is growing as an increasing number of customers are choosing to transition away from legacy LMR devices to PTT solutions.

See how this company is well-positioned to capitalize on this trend with its SD7 PTT Handset and extensive accessories portfolio, the only direct radio replacement currently offered by leading U.S. wireless carriers!


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