Spotlight Alert [NYSE: SYNX] CEO Explains Why 2024 Could Be a Breakout Year!

"Back to Back Weekly Bomb-Shell News Hits The Wire On (SYNX)" #1.) February 20,2024 Silynxcom Receives First Order for Advanced SDR Headset from Leading US-Based Military Radio Manufacturer  #2.) February 13, 2024 Silynxcom Received $550,000 in Orders from Israel Defense Forces and Israeli Police Forces Since Beginning of Year Hi “FDR” Member, This is Michael Reece with “FinancialDrivenResearch” delivering you an important update on Silynxcom Ltd. (NYSE: SYNX). When a company releases back to back bomb-shell type of news, this is the exact recipe for success that SYNX needed keep the momentum into gear and keep going.  These baby steps are needed to create the forward momentum, it doesn't just happen overnight!  Just last week SYNX released additional "Bomb-Shell" type of news that will help the company gain the traction it needs.  The order underscores Silynxcom’s position as a trusted provider of advanced communication solutions  Netanya, Israel, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced that it received confirmation of a purchase order to sell its innovative software-defined radio (“SDR”) headset to a world-leading US-based defense industry SDR original equipment manufacturer (“OEM”). The order follows the successful development of customized products by the Company, adjusted for the SDR headset. Initially, the Company will supply 250 units and anticipates supplying additional units in 2024. This order marks a significant milestone for Silynxcom, demonstrating its position as a trusted developer and provider of advanced communication solutions tailored for modern military applications. The Company believes that the SDR headset is a cutting-edge product, combining tactical communication with SDR technology. The headset offers advanced SDR capabilities, providing seamless integration with OEM devices with improved design and usability. Silynxcom Received $550,000 in Orders from Israel Defense Forces and Israeli Police Forces Since Beginning of Year Repeat Orders from the Israel Defense Forces and Israeli police forces since October 2023 accumulates to over $4.85Mln.  Netanya, Israel, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced that it has received repeat purchase orders of approximately $550,000 since the beginning of 2024 from the Israel Defense Forces and Israeli police forces, for its advanced military headset system family of products. Since October 2023, the Company has received over $4.85 million in orders from the Israel Defense Forces and Israeli police forces. “Repeat orders serve as a strong indicator and confirmation of the distinct capabilities and effective deployment of our innovative in-ear headset products, especially nowadays when our products are constantly in demand for combat” said Nir Klein, Chief Executive Officer of Silynxcom. “In recent months, we have observed a significant increase in the acceptance and demand for our solutions in Israel and worldwide. This growth is attributed to our cutting-edge disruptive technology and continuous sales and marketing efforts. We plan to maintain this path moving forward.” Recently the Company announced a third order from a leading global defense company, marking over $4.5 million in total orders from this customer. Silynxcom expects to deliver these units during 2024.  In addition, we also develop, market and sell push-to-talk devices, communication controllers, and communication device cables and connectors. Our products are designed to be compatible with other products that we offer and compatible with other third-party communication products available in the market that are used by our customers.  Dig in and read the companies key business strengths and what their key competitive advantages are to better understand this monster in the making. - Innovative In-Ear hearing protection and “talking from the ear” technology; - Rapid prototyping of new devices and broad radio interface knowledge; - Ability to be flexible, tailor-design and manufacture for each customer’s needs; - Ability to produce in small batches and with short lead times; - Many years of experience and first-mover advantage in the growing in-ear headset market segment; - Our growing distributor and re-seller network that provide us with local knowledge and feedback from customer use experiences “in the field”; and - Demonstrated performance at a cost-effective pricing. SYNX sells their products directly to military forces, law enforcement, and government agencies and indirectly, through a specialized network of local distributors, specialized agents, and, in some cases, strategic long-term original equipment manufacturer (OEM) agreements with large military equipment providers. While our primary markets are in Israel, Europe, and the United States, we intend to expand our sales, marketing and distribution network into new markets such as Southeast Asia and Latin America.  Personal Headset Devices typically have three operational requirements. First, the user needs to be aware of and able to hear ambient noise around them. Second, the user needs to be able to hear and be heard clearly while using his or her communication device, such as a radio, cellular phone, or satellite phone. Third, the user needs to be protected from unpredictable and unsafe sounds, such as explosions, sounds on a battlefield, large demonstrations, and weapons training courses.  These requirements seemingly contradict each other. However, our In-Ear Headsets incorporate our electronically enhanced hearing technology along with our active sound protection technology that cuts off or compresses potentially harmful sounds, such as explosions or gunshots.  We focus on developing, marketing and selling two types of In-Ear Headset products. In addition, we also develop, market, and sell push-to-talk devices, communication controllers, and communication device cables and connectors.  Our products are designed to be compatible with other products that we offer, as well as compatible with other existing third-party communication products available on the market that are used by our customers. The image below demonstrates the typical Silynx.com System Configuration Options:  Our In-the-Ear. Headset products are designed and manufactured with modular integration that enable our customers to use them together with various different radios, cellphones, intercom systems, Bluetooth adaptor and other communications devices. We manufacture two main types of tactical Headsets: - In Ear Headsets; and - (2) Single-Sided Headsets, or “SST Headsets”. In-Ear Headset. Our In-Ear Headset enables customers to enjoy high quality, clear communication and multi-directional hearing while providing a high rate of sound protection.  Our In-Ear Headset is unique in its structure, comfort and design. It is composed of lightweight (five gram) earbuds with foam tips. Because it is an In-Ear solution, it is more comfortable to wear than an Over-the-Ear Headset.  This technology allows us to manufacture a headset that enables our customers to speak and be heard clearly even when they are in a noisy environment. This quality enables our customers to use their headset in situations where traditional Over-The-Ear headsets with boom microphones cannot be used properly.  The In-Ear Headset integrates active noise protection with surrounding hearing enhancement technologies, while incorporating our “talking from the ear” technology. Our “talking from the ear” technology detects minute air movements (naturally created in the ear canal when a person speaks) and converts them into audio signals.  In contrast to Over-the-Ear Headsets, our In-Ear Headset not only does not limit our customers, given its size, but it can also be worn with additional head or face gear, such as a protective mask, breathing apparatus or respirator, which may be critical for the safety of our customers.  Furthermore, our In-Ear Headset may be used with any type of helmet, including full-cut ballistic helmets, full-face riot helmets, driving helmets and other helmets that supply better head and face protection, protecting our customers while they navigate precarious situations.  "We Offer Two Main In-Ear Headsets Models" - The Protego PRO — with external microphone connectivity. - The Protego STD — without external microphone connectivity. Direct sales of our products are normally conducted as result of either being chosen by the customer after successful tender process or through receipt of a purchase order from a customer. In both cases, receipt of the entire sale proceeds, or a substantial part thereof, is conditional upon receipt from the customer of confirmation of delivery and the receipt of our products and that all post-delivery acceptance tests and inspections have been completed to the satisfaction of the customer. The payment terms in direct sales situations are similar in nature to the payment terms of distributors.  Generally, in view of the nature of our customers, the sales process can range anywhere between several months to several years (in the case of multi-year contracts). When selling to military customers (either directly or indirectly), we are typically prohibited from disclosing the customer’s identity and/or the products that they purchased.  Our revenue stream is derived from end users of our products such as: - United States Navy Sea, Air, and Land Teams, more commonly known as the Navy Seals; - United Kingdom’s Special Air Service; - Israel Defense Forces; - Israel Defense Forces General Staff Reconnaissance Unit, more commonly known as Sayeret Matkal; - United States Marine Corps; - United States Federal Bureau of Investigations; - United States Drug Enforcement Agency; - Regional police and sheriff departments in the United States; - Royal Netherlands Army; - German Police; - Austrian Armed Forces; and - Republic of Korea Armed Forces and national police.  Since the start of the new year, Silynxcom announced earning significant add-on orders from Israel Defense and police forces for its advanced military headset system family of products.  Silynxcom is better positioned than at any time in its nearly two-decade history to capitalize on and maximize growth-oriented initiatives. Our product arsenal is best in class, we have a solid balance sheet, and our capital structure presents a low number of shares outstanding, with a large part of those tightly held by insiders. Those are more than strengths; they are value drivers that can combine to generate breakout operating results this year and beyond.  Remember, too, that as an NYSE-AMERICAN listed company, many opportunities exist beyond organic growth. Partnerships, mergers, and acquisitions can also be an accretive and quick way to grow, and sector consolidation in the sector has been happening as larger companies work to maintain an accelerated earnings pace. We, too, especially with our treasury, also have opportunities open to us.  In that respect, investors can rest assured knowing we can and will do whatever is in the best interest of our company to create meaningful and sustained shareholder value.  We are coming out from under the radar now, and the team at Silynxcom, noting the recently announced revenue growth, expects 2024 to be our best year ever. Transforming Milestones Into Bullish Catalysts Silynxcom (NYSE: SYNX) Inks Deal with Israel Defense & Police Forces For its Advanced State-of-the-Art Military Headset System Overall, technical indicators are signaling a "Bullish STR∙ONG B∙U∙Y Rating" based on Investing.com technical analysis. 10 Key Reasons Why You Should Strongly Consider The Upside Potential For Silynxcom Ltd (NYSE: SYNX) - Market Oppor∙tunity Leadership: SYNX is positioned at the forefront of a significant market oppor∙tunity, anticipating a 42% CAGR Surge in the In-Ear sound protection segment, translating to a substantial market worth approximately $1 Bln. - Strategic Transition: As the industry shifts from Over-Ear to In-Ear headsets, SYNX capitalizes on this strategic transition, aligning perfectly with the evolving preferences and needs of military, law enforcement, and industrial sectors. - Global Defense Recognition: The recent follow-up order from a leading global defense company underscores SYNX's global recognition and solidifies its standing as a trusted provider of advanced Clarus In-Ear Headset systems. - Proven Customer Trust: With a cumulative Revenue exceeding $150 Mln with a remarkable 100% growth from 2020 to 2022, earning trust worldwide. SYNX has established itself as a reliable partner for ruggedized tactical communication solutions. - Continuous Revenue Growth: Boasting a remarkable 100% revenue growth from 2020 to 2022, SYNX demonstrates a robust financial performance, indicative of its strong market position and increasing demand for its innovative products. - Innovation and Adaptability: SYNX thrives on constant innovation, evident in its agile development of new devices and broad radio interface knowledge. The company adapts swiftly to emerging communication trends and requirements. - International Distribution Network: With an extensive international distributor network spanning Europe, USA, Asia, Middle East, Africa, and Oceania, SYNX gains valuable customer insights, facilitating improved forecasting and strong local presence. - Strategic Reseller Agreements: SYNX's strategic agreements with renowned manufacturers like 3M PELTOR showcase its ability to collaborate and diversify, creating new revenue streams and reaching broader customer bases. - Experienced Leadership: Led by experienced leaders like CEO Nir Klein, SYNX benefits from a leadership team with a proven track record in the industry, ensuring effective decision-making and strategic direction. - Versatile Product Offerings: From In-Ear and Over-Ear headsets to push-to-talk devices and communication controllers, SYNX provides a comprehensive suite of products, ensuring compatibility with diverse communication needs in military, law enforcement, and industrial settings. I am urging all of my FDR members to add SYNX to the top of your watch list right now! To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2023 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. FDR full disclosure is to be read and fully understood before using FDR website or joining FDR email or sms list. By viewing FDR website and/or reading FDR email or sms list you are agreeing to FDR full disclosure This publication may contain information regarding inves∙tment ideas and third-party ratings regarding specific securities. We hold n∙o inves∙tment licenses and are thus neither licensed nor qualified to provide inves∙tment adv∙ice. FDR nor its principals are not FINRA-registered broker-dealers or inves∙tment advisers. 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