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Why Siyata Mobile Shares Are Trading Higher Today?

Published 18/01/2023, 19:10
© Reuters.  Why Siyata Mobile Shares Are Trading Higher Today?
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Benzinga - Siyata Mobile (NASDAQ: SYTA) shares are trading higher after the company announced it received follow-on orders for its UV350 device from a leading Saudi Arabian cellular carrier.

"These orders, which total approximately $400,000, will be used to equip an expanding fleet of emergency response vehicles with our high-performing UV350 devices. Since 2019, this customer has invested more than $1.7 million in our UV350 and related accessories," said Marc Seelenfreund, Siyata CEO.

The Uniden UV350 is a FirstNet Ready approved in-vehicle mounted push-to-talk over cellular "phablet" and was designed specifically for commercial vehicles to ensure safer communication.

Siyata Mobile is a B2B global vendor of next generation Push-To-Talk over Cellular devices and cellular booster systems.

SYTA Price Action: Siyata Mobile has a 52-week high of $1.74 and a 52-week low of $0.1051.

Siyata Mobile shares are up 15.2% at $0.26 at the time of publication, according to Benzinga Pro.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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