Netanya, Israel, Jan. 03, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (\u201cSilynxcom\u201d or the \u201cCompany\u201d), a manufacturer and developer of ruggedized tactical communication headset devices, announced today that it has received a new purchase order valued at $330,000 from the Israel Defense Forces (\u201cIDF\u201d). This latest order brings the total accumulated orders from the IDF to over $2.33 million since the beginning of the third quarter of 2024, reinforcing Silynxcom\u2019s growing presence and trust placed in its solutions within the global defense market.<\/p>\n\n\n\n
\u201cWe are proud to continue supporting the IDF with our innovative communication systems tailored to meet the demands of modern defense operations,\u201d said Nir Klein, Chief Executive Officer of Silynxcom. \u201cThis milestone reflects the confidence in our solutions and highlights our strengthening position as a trusted partner for defense forces worldwide.\u201d<\/p>\n\n\n\n
Silynxcom\u2019s cutting-edge technology provides unparalleled communication clarity and situational awareness while safeguarding hearing and monitoring vital signs. These solutions have become a critical tool for military and defense organizations worldwide, contributing to enhanced operational performance and safety.<\/p>\n\n\n\n
About Silynxcom Ltd.<\/strong><\/p>\n\n\n\n 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. The Company\u2019s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company\u2019s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360\u00b0 situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company\u2019s products based on actual feedback from soldiers and police officers \u201cin the field.\u201d The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.<\/p>\n\n\n\n Forward-Looking Statements<\/strong><\/p>\n\n\n\n This press release contains \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontemplate,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cseek,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201ctarget,\u201d \u201caim,\u201d \u201cshould,\u201d \u201cwill\u201d \u201cwould,\u201d or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses: that this purchase order highlights the Company\u2019s strengthening position as a trusted partner for defense forces worldwide. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC\u2019s website,\u00a0www.sec.gov<\/u>. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.<\/p>\n\n\n\n INVESTOR RELATIONS CONTACTS:<\/strong><\/p>\n\n\n\n Michal Efraty Netanya, Israel, Jan. 03, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (\u201cSilynxcom\u201d or…<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-989657","post","type-post","status-publish","format-standard","hentry","category-press-release"],"_links":{"self":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts\/989657"}],"collection":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/comments?post=989657"}],"version-history":[{"count":1,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts\/989657\/revisions"}],"predecessor-version":[{"id":989658,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/posts\/989657\/revisions\/989658"}],"wp:attachment":[{"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/media?parent=989657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/categories?post=989657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsic.us\/news\/wp-json\/wp\/v2\/tags?post=989657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
IR Manager
ir@silynxcom.com<\/u><\/p>\n","protected":false},"excerpt":{"rendered":"