(Nasdaq: SONM) Shares are trading more than 20% higher on a purchase order for new smart phone devices.

Today announced purchase orders totaling $9.5 million from a top U.S. carrier customer. The purchase orders cover initial stocking inventory for two of the company’s next-generation ultra-rugged phones to be introduced in 2022 the XP5 Plus feature phone with enhanced PTT capabilities and Sonim’s next-generation XP10 5G rugged smartphone.

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