Silynxcom Ltd. announced a purchase order exceeding $3 million from a prominent Asian military customer, part of a broader army tender, marking a significant milestone in its expansion beyond Israel.
The order includes the company’s flagship in‑ear headset system, known for its “hear‑thru” technology that allows soldiers to hear ambient sounds while protecting hearing. The order value of over $3 million represents a sizable revenue boost relative to Silynxcom’s 2024 revenue of $9.1 million, and it signals a diversification of its customer base away from the Israel Defense Forces.
The order expands Silynxcom’s presence in a high‑growth Asian defense market where demand for advanced tactical communication gear is rising amid regional security tensions. It also provides a recurring revenue stream from a long‑term procurement cycle, potentially improving cash flow stability in a company that has faced revenue volatility and margin pressure in recent quarters.
Silynxcom reported record revenue of $9.1 million for the full year ended December 31, 2024, with a gross profit of $3.8 million, reflecting a gross margin of roughly 42%. Despite this growth, the company has struggled with negative earnings and tight operating margins, but the new order could help offset these pressures by adding a high‑margin product line to its backlog.
CEO Nir Klein said, “This landmark order represents a pivotal milestone in our strategic expansion across Asia. Having successfully delivered on previous contracts in this key market, we are thrilled to deepen our relationship with this valued customer. We believe that winning this tender will accelerate our market penetration and unlock substantial long‑term opportunities, as the region’s militaries continue to prioritize advanced, mission‑critical communications.”
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