Genasys (GNSS) announced additional follow-on Long Range Acoustic Device, or LRAD, orders totaling $1.1M from the U.S. military. The LRAD systems will be deployed by National Guard, Army, Navy, Air Force, and Coast Guard units. To date, the U.S. Military has placed $6.2M in follow-on LRAD orders this fiscal year. “With rising tensions, civil unrest, and armed conflicts around the world, it is imperative that our military personnel be equipped with the long-range, clear communication and scalable escalation of force capabilities that LRADs provide,” said Richard Danforth, CEO.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GNSS:
- Genasys Inc. Navigates Trade Policy Challenges Amid Declining Federal Funding
- Genasys provides update on Puerto Rico dams early warnings system project
- Genasys Inc. Reports Revenue Growth Amid Challenges
- Genasys reports Q3 adjusted EBITDA ($4.8M) vs. ($4.3M) last year
- Is GNSS a Buy, Before Earnings?