Silynxcom Ltd., a manufacturer and developer of ruggedized tactical communication headset devices, reported record annual revenue of approximately $9.1 million for the year ended December 31, 2024. This marks an 18% increase from the previous year, reflecting the company's ongoing expansion and product adoption. The gross profit for the same period amounted to approximately $3.8 million, up 17% compared to $3.2 million from the previous year. As of December 31, 2024, Silynxcom's cash and cash equivalents totaled $3.2 million. Significant recent corporate highlights include the company's entry into drone detection technology, with the introduction of an armored personnel carrier headset that enhances battlefield awareness. Additionally, Silynxcom received $10 million in orders from the Israel Defense Forces and expanded its sales operations in the Asia Pacific region. The company also advanced its in-ear communication solution with real-time vital signs monitoring and successfully completed field trials for an innovative product aimed at boosting situational awareness and safety for armored personnel carrier crews with a military force in Asia.
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