24/7 Market News Snapshot 28 August, 2025 – Genasys Inc. Common Stock (NASDAQ:GNSS)
DENVER, Colo., 28 August, 2025 (www.247marketnews.com) – (NASDAQ:GNSS) are discussed in this article.
Genasys Inc. (NASDAQ:GNSS) has reported a significant trading momentum today, opening at $1.91 and currently trading at $2.059, reflecting an increase of 7.52% from the previous day’s close of $1.915. With an impressive trading volume of 592.80K, this activity indicates heightened investor interest in the stock, potentially driven by favorable developments within the company. Analysts are advised to monitor critical resistance levels above $2.06 and support around $1.90 to project future price movements, as the continued upward momentum may attract further attention from traders.
Further amplifying investor confidence, Genasys has secured additional follow-on orders totaling $1.1 million for its Long Range Acoustic Device® (LRAD®) systems from the U.S. military. These new orders include the LRAD 100X and 450XL models, which are set to be deployed across various branches of the military, including the National Guard, Army, Navy, Air Force, and Coast Guard, both in domestic and international operations. The total orders from the U.S. military this fiscal year now amount to $6.2 million, a clear indication of the rising demand for LRAD systems as essential tools for communication in various operational environments.
CEO Richard Danforth underscored the significance of LRAD technology amid growing global tensions, asserting its vital role in providing long-range clear communication while allowing for scalable escalation of force capabilities. Senior Director of Military Sales, Jeff Palmer, further highlighted the criticality of these systems for the National Guard’s operational capacity, particularly in maintaining public order and efficiency in disaster response. Genasys’ LRADs are sought after for their reliability and versatility, deployed by over 100 countries worldwide, and remain instrumental in ensuring vital communications are effectively transmitted over extensive distances.
Related news for (GNSS)
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