Siyata Mobile News
2 articles
growth-positive
Siyata Mobile Inc. Closes US$13MM Private Placement Led by Phoenix Fund
Siyata Mobile Inc. has closed a private placement in Israel and Canada, raising aggregate gross proceeds of US$12,945,000. The offering was led by Phoenix Insurance Investment Fund, a leading Israeli institutional fund. Siyata plans to use the funds to pursue large-scale opportunities and acquire revenue-generating businesses that complement its existing portfolio of cellular devices. The company believes that having Phoenix Fund as a major shareholder is a significant milestone. Siyatas common shares trade on the Nasdaq under the symbol SYTA.
Investment
growth-positive
Leading Israeli Cellular Carrier, Pelephone, Launches Siyata Mobile's UV350 and UR7
Siyata Mobile Inc. announces that Pelephone, a leading Israeli cellular carrier, has launched two new mobile devices in the PTT market. Pelephone has quickly gained traction in the market, attracting customers from various sectors. The partnership between Pelephone, Siyata Mobile, and Elbit Systems offers advanced PTT solutions for enterprise and first responder communications. The UV350 device is a vehicle-mounted smartphone, while the UR7 is a ruggedized clamshell smartphone. Siyata Mobile specializes in connected vehicle products and aims to become the preferred communications device for commercial fleets and first responders worldwide.
CustomersPartners
