(24/7 MARKET NEWS) – Siyata Mobile Inc. (NASDAQ: SYTA) stated, this morning, that it received an order from the U.S. federal government for its Hero Series UM50 FN cellular boosters, which are compatible with the FirstNet wireless network.
Marc Seelenfreund, CEO of the global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, said, “The U.S. federal government represents a large opportunity for us to increase sales and deepen our market penetration. We are encouraged by the possibilities that this initial order represents.”
Siyata Mobile is trading at $3.0609, up $0.2109 (+7.40%), on 75.7K premarket shares traded.
Its 52-week range is $1.98 to $37.00. It bounced off of its 52-week low a few weeks ago and we stated early in that move that it looks like it wants to challenge the next key inflection point at $3.50, which is still in play.
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