Siyata Mobile’s Uniden UV350 is now approved for the First Responder Network
A ‘first responder’ is a person with specialized training who is among the first to arrive and provide assistance at the scene of an emergency, such as an accident, natural disaster, or terrorist attack. The United States First Responder Network Authority (FirstNet) was created as an independent authority with a purpose to establish an interoperable public safety broadband network. $7 billion and 20 MHz of valuable radio spectrum to build the network has been allotted by Congress to build this Radio Access Network.
FirstNet will be built with, and be operated under, AT&T with their ever developing 3G/4G/5G networks. For the sake of public safety, the network is being built to migrate first responders away from two-way radio networks towards cellular networks. This is going to require all first responders to upgrade their hardware to cellular devices which can provide push-to-talk, video, data, and other device applications.
Siyata Mobile Inc. (TSXV: SIM | OTCQX: SYATF) is the leading provider and pioneer of in-vehicle communication devices that includes the Uniden ® UV350 in-vehicle mounted phablet (phone/tablet). The device is now FirstNet Ready™, having been tested and approved for use with services on the FirstNet communications platform.
In what can be regarded as only the beginning of a massive rollout of hardware, there are 3.5 million first responder vehicles that have yet to upgrade to the FirstNet SIM card network and associated device. This will give Siyata Mobile a very large addressable market for devices just in the US. With much more on-board technology than a single purpose land mobile radio device, the Uniden UV350 NextGen Vehicle Communicator is the only dedicated in-vehicle cellular device on the market.
Bob Sloan, Chief Operating Officer, FirstNet program at AT&T stated: “The more tools public safety has access to on their network, the more we can help them achieve their mission. We are happy to be the first U.S. cellular carrier to launch Uniden’s NextGen Vehicle Communicator. We believe it will be an excellent answer for both existing and newly migrating FirstNet subscribers seeking an in-vehicle communication device.”
The FirstNet communications platform has surpassed the half million mark, with 600,000+ device connections being used by more than 7,250 public safety agencies. The majority of agencies and nearly 50% of FirstNet’s total connections are new subscribers. The 3.5 million first responder vehicles that need to migrate to the new upgraded system could possibly end up being the USA’s largest fleet connected by radio access network devices.
In a move that can only benefit Siyata Mobile, AT&T has been deploying 5G across many US cities in 2019. Siyata is already making plans for when the time is ready to switch to the new 5G technology. The next generation 5G device will build a powerful pipeline of product offerings for commercial fleets, vehicles and first responders for the next ten years.
The endorsement from The First Responders to Siyata Mobile is indeed a very big deal. It means Siyata Mobile is now endorsed to a potential 3.5 million new customers.
Siyata’s strong relationship with AT&T and The First Responders will see Siyata’s sales soar in 2019 and beyond. Prior to this recent contract analyst’s were forecasting Siyata’s revenue to grow from C$14.2m in 2018 to C$40.2m by 2020. This may now look conservative.
Siyata Mobile Inc. is based in Montreal, Canada and has a market cap of C$ 51.7 million.
Matthew Bohlsen is a Senior Editor for InvestorIntel.com. With a Graduate Diploma in Applied Finance and Investment, and a Graduate Diploma in Financial Planning. He ... <Read more about Matthew Bohlsen>