Siyata Mobile’s Strategic Leap with Fortune 100 Telecom Deal Signals Bright Future for Undervalued Stock

April 29, 2025

DENVER, Colo., Apr 29, 2025 (247marketnews.com)- Siyata Mobile (NASDAQ:SYTA), a global Push-to-Talk over Cellular (PoC) devices innovator, secured a transformative development agreement with a Fortune 100 U.S.-based telecom company to create a mission-critical push-to-talk (MCPTT) portable device, marking a significant milestone in its ascent from a niche player to a recognized leader in communications technology. Eligible for up to $1,000,000 in milestone payments throughout 2025 for the device’s development and certification, with a commercial launch slated for Q1 2026, Siyata is poised to capitalize on this partnership. This deal not only validates Siyata’s technological prowess but also highlights the bold, tough choices made by its management to achieve stocked status with major telecom carriers, decisions that, despite dragging the stock price in a challenging funding environment, have positioned SYTA as significantly undervalued, with shareholders now set to reap rewards from this telecom win and the $160 million Core Gaming merger.

Siyata’s technological prowess marks its graduation to a recognized innovator rewarded with strategic partnerships that amplify its growth trajectory.

Details of the Fortune 100 Agreement

The agreement partners Siyata with a Fortune 100 telecom giant, which logically means AT&T (NYSE:T), T-Mobile (NASDAQ:TMUS), U.S. Cellular (NYSE:USM), or Verizon (NYSE:VZ), to develop a unique MCPTT device tailored for first responders, public safety personnel, and enterprise users, leveraging Siyata’s real world PoC expertise and the telecom’s extensive network infrastructure. The $1,000,000 in milestone payments, tied to 2025 development and certification progress, supports Siyata’s financial runway, with the device’s Q1 2026 launch targeting the $3.5 billion PoC market (MarketsandMarkets, 9.7% CAGR through 2030). While terms remain confidential, the collaboration underscores a shared commitment to delivering reliable, high-performance communication solutions for mission-critical environments.

This development agreement is a watershed moment for Siyata, marking its ascent from an underdog in the communications device sector to a key player earning the confidence of industry titans, as a trusted innovator that will be on the same side as a major carrier that will push Siyata’s products for selfish financial reasons.

The Tough Road to Stocked Status

Siyata’s rise is a testament to management’s strategic fortitude, particularly its decision to invest heavily in achieving stocked status with major U.S. telecom carriers like AT&T, Verizon, and T-Mobile, as well as global partners like Elon Musk’s (NASDAQ:TSLA) Starlink, via its T-Mobile T-Priority First Responders initiative, which named Samsung and Siyata as T-Mobile’s “Key partnerships” for communications devices.

Over the past five years, amidst a brutal funding environment marked by rising interest rates, tightened capital markets, and post-COVID economic uncertainty, Siyata raised funds through dilutive offerings to support R&D, certifications, and carrier partnerships, which weighed heavily on the share price.

These investments were not without pain. However, the strategy paid off: Siyata became the smallest manufacturer to secure carrier stocking, enabling its SD7 handsets and VK7 vehicle devices to penetrate first responder, enterprise, and government markets. This foundation drove 2024 revenue to $11.6 million, up 41% year-over-year, and positioned Siyata for projected breakeven performance in 2025. The Fortune 100 agreement is a direct reward for these sacrifices, validating management’s vision and unlocking access to unparalleled distribution and credibility.

Why Siyata’s Stock Is Undervalued

With a market cap of ~$5.8 million at $1.20 per share, Siyata is significantly undervalued relative to its growth prospects. The stock’s price reflects past dilution but ignores the transformative potential of:

  • The Telecom Deal: The $1,000,000 in milestone payments and Q1 2026 launch provide near-term catalysts, with the telecom’s distribution network amplifying Siyata’s $3.5 billion PoC market share.
  • Core Gaming Merger: The $160 million reverse takeover with Core Gaming, set to close in Q2 2025, guarantees legacy shareholders at least 10% ownership in a combined entity projected at $722.4-$963.2 million by 2026 (ValueScope, leveraging Core’s $240.8 million revenue forecast).
  • Operational Momentum: Siyata’s PTT business, with partnerships like T-Mobile and Starlink, adds revenue upside, enhancing the merged company’s valuation.
  • TipRanks lists SYTA as a “Technical Sentiment Signal: Buy”

Strategic Significance and Market Context

The Fortune 100 agreement elevates Siyata from a small-scale player to a strategic partner, mirroring its journey from obscurity to carrier stocking. The MCPTT device targets the critical public safety communications niche, where reliability is paramount, aligning with global trends toward PoC adoption. The deal complements Siyata’s Core Gaming merger, diversifying its portfolio into the $126 billion mobile gaming market while strengthening its PTT division. The $1,000,000 payments bolster liquidity, reducing reliance on dilutive financing and supporting Siyata’s 2025 breakeven goal.

The agreement’s significance is confirmation that Siyata’s bold investments yielded industry leadership and that Siyata’s management has laid a foundation for shareholder value creation.

Siyata Mobile’s development agreement with a Fortune 100 telecom company for an MCPTT device, backed by $1,000,000 in 2025 milestone payments, marks a pivotal reward for management’s tough choices. Siyata’s undervalued stock is poised for significant upside, driven by this deal and the Core Gaming merger structure.

Please click here to view ValueScope’s Core Gaming valuation report.

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