Global Electronics Icon, JVC Kenwood, Partners with Siyata Mobile

January 15, 2025

DENVER, Colo., Jan 15, 2025 (247marketnews.com)- JVCKenwood USA is partnering with Siyata Mobile (NASDAQ: SYTA) and will rebrand Siyata’s rugged and reliable SD7 handsets. JVC Kenwood will sell these devices to its business and organization critical channel partners.

Siyata’s rebranded accessories will now have access to a network of over 5,000 global distributors. JVC Kenwood’s extensive distribution network throughout the Americas, EMEA (Europe, Middle East, and Africa), Asia-Pacific, and China. The math is straightforward; more distribution equals more global sales opportunities.

JVCKenwood, one of the most popular consumer electronics brands, aims to become a Push-to-Talk over Cellular (PoC) handset market leader. PoC devices are designed for enterprise and public service workers to communicate instantly over a nationwide cellular network of choice.

Mark Jasin, JVCKenwood USA’s Executive VP and General Manager, stated, “We are committed to providing our channel teams and end-customers with the latest advancements in communications technology. By partnering with Siyata Mobile, we can offer Kenwood dealers and their customers push-to-talk over cellular devices. These devices have been proven to enhance communications during critical situations and improve overall operations, safety and security. We are excited to collaborate with Siyata Mobile and integrate POC into our core LMR technology portfolio.”

JVC Kenwood gets an opportunity to gain a foothold with leading carriers, including FirstNet, AT&T, T-Mobile, Verizon, Bell, and US Cellular.

SD7+ will soon build on the SD7 legacy

These carriers’ certified phones and devices lineup, includes offerings from some of the other leading consumer electronic brands. For example, in addition to Siyata’s handset, their rosters include Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG), Motorola (NYSE: MSI) and Samsung devices.

Marc Seelenfreund, CEO of Siyata, said, “JVCKenwood is a leader in technology and communications with widespread brand recognition and a well-established distribution network of thousands of dealers across North America. Our innovative push to talk over cellular solutions are a natural fit for its leading LMR portfolio. Importantly, this collaboration enables greater reach for our devices in the U.S. and Canada and thereby broadens our opportunity to increase placements in a meaningful way.”

JVC Kenwood is one of the Top 3 LMR/PTT companies in the world. JVC Kenwood is forecasting 2025 revenue of 370 billion yen, or more, which is about US$2.5 billion, based on a 150 to 1 exchange rate.

However, as exciting as this development is, the real news is Siyata’s upcoming press conference.

Considering Siyata’s recent record quarterly financial results (tripled y-o-y Q3 revenue) didn’t warrant a conference, this must be huge. Plus, there were other milestones that weren’t accompanied by a special event. Siyata is the smallest independent device company to achieve stocked status at top carriers, but didn’t host an event for that important milestone, so whatever is coming sounds much bigger.

Siyata will unveil a “Pivotal Corporate Milestone”, about which Seelenfreund exclaimed, “Siyata is in the best position it’s been in since our company’s inception, as our capital expenditures have directly improved all performance metrics, and we look forward to delivering continued successful results. Please tune into our upcoming press conference, which will highlight a next level shareholder value creation event that you surely won’t want to miss.”

Seelenfreund then doubled down!

“Siyata is entering a transformative phase, and this development marks the culmination of months of strategic negotiations and execution. All shareholders are strongly encouraged to attend to appreciate the significant implications for 2025.”

Siyata is reporting about 410 thousand outstanding shares, so it’s already extremely undervalued.

Click here for Siyata’s investor presentation.

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