(NASDAQ:SONM) shares are up more than 57% in pre-market trading today on more than 7200 trades.
“We are excited to secure additional orders from a long-time carrier partner in the U.S. and from two Canadian partners, expanding on our previously announced initial stocking orders for the new rugged XP5plus and XP10 smartphone devices,” said Peter Liu, Chief Executive Officer at Sonim. “These additional awards speak to the expected market enthusiasm for our next generation rugged devices, purpose built with Sonim’s rugged engineering technologies to work in field applications where traditional consumer devices simply do not get the job done.”
“We are moving ahead rapidly on our new business strategy to offer a wider range of rugged 5G smartphones, feature phones, hot spots and industrial communications equipment focused on these unique but underserved market needs,” said Liu. “We are already in discussion around additional carrier awards for both existing and new devices as we continue to focus on carrier partner needs not well served by currently available hardware solutions.”
The XP5plus is expected to be available later this summer; shipments of the new XP10 rugged 5G smartphone device are expected to begin in the fall of 2022.
Sonim is a leader in rugged mobile phones for task workers in industries such as public safety, construction, manufacturing, field service, transportation, hospitality and more. Key features of the new devices include:
- Support for 5G networks, FirstNet public safety broadband network, and CBRS-based private networks.
- Ultra-bright sunlight readable displays and glove touch enabled screens designed for use in outdoor conditions.
- OneTouch PTT – a dedicated PTT button provides instant communications with no need to wake up the device or launch the app like consumer smartphones
- Ultra-loud speakers and noise suppression – ensure you can stay in communication in the harshest conditions
- Red (Emergency) Button – instantly alert dispatch and/or emergency services which can be customized with the free Sonim SOS application and available through the FirstNet App Catalog
- Ultra-rugged accessories – a broad range of industrial accessories, including remote speaker microphones, wireless mics, in-vehicle mounts to address the common needs of first responders