Silynxcom Ltd. has reported record annual revenues for the year ended December 31, 2024, amounting to $9.1 million, marking an increase of approximately 18% from the previous year. The company noted this growth as a result of ongoing expansion and increased product adoption. Gross profit for 2024 was approximately $3.8 million, a 17% rise compared to $3.2 million from the prior year. In terms of corporate developments, Silynxcom advanced its in-ear communication solution featuring real-time vital signs monitoring and successfully completed field trials for an innovative product aimed at enhancing situational awareness and safety for armored personnel carrier crews. Additionally, the company introduced a new headset that detects drone noise, further enhancing battlefield awareness while maintaining hearing protection. Significantly, Silynxcom received $10 million in orders from the Israel Defense Forces since October 2023 and expanded its sales operations in the Asia Pacific region. The company also reported new orders from militaries, special units, and police departments worldwide, reinforcing its position as a market innovator.
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