Silynxcom has received an additional order from the Israel Defense Forces for its advanced tactical communication headset devices. This latest order for $315,000 comes after a $500,000 order from the IDF was announced by the Company on July 9, 2024. The Company also recently announced on July 9, 2024, a strong performance for the first half of 2024 on a preliminary unaudited basis, including estimated revenue for the six months ended June 30, 2024 of approximately $5.31 million – highlighting accelerated operational and business growth – and cash and cash equivalents and marketable securities of approximately $3.69 million as of June 30, 2024.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYNX:
- Silynxcom Receives New Order Further Expanding Presence in Military Tactical Communication Equipment Market
- Silynxcom files to sell 1.56M ordinary shares
- Silynxcom Ltd. Shares Initial 2024 Financial Snapshot
- Silynxcom Secures Major IDF Contract
- Silynxcom receives $500,000 in orders from Israel Defense Forces