Shares of nano-cap company Siyata Mobile Inc. (SYTA) surged nearly 130% on Tuesday morning after the company announced that it receives $1.3 million purchase order for SD7 ruggedized devices and accessories.
SYTA is currently trading at $6.34, up $3.58 or 129.56%, on the Nasdaq.
Siyata, a vendor of Push-to-Talk over Cellular devices and cellular signal booster systems, said it received a $1.3 million purchase order primarily for police and first responder customers in the Europe, the Middle East, and Africa for the company's SD7 ruggedized devices, VK7 vehicle units and other accessories.
The latest order brings the year-to-date orders for the SD7 and VK7 to more than $1.8 million.
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