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Market News Alerts Reports: Silynxcom Secures Elite Military Validation for New Secure Communications Feature as Global Defense Spending Surges to $2.46 Trillion
Market News Alerts Reports: Silynxcom, an emerging leader in the multi-billion dollar tactical communication systems market. Silynxcom has recently reported some significant milestones, including, most recently, the successful delivery and field validation of enhanced communication systems featuring new secure communication capabilities to an elite IDF special forces unit. This development comes as global defense spending reportedly reaches historic highs of $2.46 trillion in 2024, reflecting intensifying security challenges worldwide. More specifically, the tactical communications market alone, a critical subsector of defense spending, is projected to grow from $14.1 billion in 2023 to $19.1 billion by 2030.
By Market News Alerts Reports · Via Business Wire · February 25, 2025
Market News Alerts Reports: Actelis Networks Secures New Order & Eyes Potential Role in UK’s £650M Infrastructure Modernization Efforts
Market News Alerts Reports: Actelis Networks (NASDAQASNS), a company specializing in cyber-hardened hybrid-fiber networking solutions, has announced a six-figure order renewal ahead of the next phase of the UK’s National Roads Telecommunications Service (NRTS). While specific terms of the deal were not disclosed, this order is part of ongoing efforts to modernize the digital infrastructure of England’s Strategic Road Network (SRN) and may signal Actelis’ potential future involvement in the program’s next phases – which seem to be quite expansive. This could why Actelis says this order “positions the company for major future opportunities”.
By Market News Alerts Reports · Via Business Wire · January 22, 2025