Silynxcom Secures $740K in Orders from Israel Defense Forces
Ticker: SYNX · Form: 6-K · Filed: Sep 30, 2024 · CIK: 1976443
Sentiment: bullish
Topics: contract-win, defense, revenue
TL;DR
Silynxcom just landed $740K in orders from the Israel Defense Forces for comms gear. Big win!
AI Summary
Silynxcom Ltd. announced on September 30, 2024, that it has received orders totaling $740,000 for tactical communication equipment from The Israel Defense Forces. This filing is a Report of Foreign Private Issuer on Form 6-K, furnishing the press release detailing these orders.
Why It Matters
This significant order from a major defense entity demonstrates Silynxcom's capability to supply critical communication equipment to military forces, potentially leading to future contracts and increased revenue.
Risk Assessment
Risk Level: medium — While the order is positive, the reliance on a single large customer and the nature of defense contracts can introduce volatility.
Key Numbers
- $740,000 — Orders (Value of tactical communication equipment orders from The Israel Defense Forces)
Key Players & Entities
- Silynxcom Ltd. (company) — Issuer of the report and recipient of the orders
- The Israel Defense Forces (company) — Customer placing the orders
- $740,000 (dollar_amount) — Total value of the orders received
- September 30, 2024 (date) — Date of the press release and announcement
FAQ
What specific tactical communication equipment did Silynxcom Ltd. receive orders for?
The filing does not specify the exact type of tactical communication equipment, only that the orders are for such equipment.
When were these orders announced?
The orders were announced on September 30, 2024, via a press release furnished as Exhibit 99.1 to this Form 6-K.
What is the total value of the orders from The Israel Defense Forces?
The total value of the orders is $740,000.
Is Silynxcom Ltd. an Israeli company?
Yes, Silynxcom Ltd. is incorporated in Israel, with its principal executive office located in Netanya, Israel.
What type of filing is this for the SEC?
This is a Form 6-K, a Report of Foreign Private Issuer.
Filing Stats: 203 words · 1 min read · ~1 pages · Grade level 10.4 · Accepted 2024-09-30 09:15:02
Key Financial Figures
- $740,000 — lease titled “Silynxcom Announces $740,000 in Orders for Tactical Communication Eq
Filing Documents
- ea0216081-6k_silynxcom.htm (6-K) — 10KB
- ea021608102ex99-1_silynxcom.htm (EX-99.1) — 9KB
- ex99-1_001.jpg (GRAPHIC) — 8KB
- 0001213900-24-082995.txt ( ) — 31KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number: 001-41916 Silynxcom Ltd. 7 Giborei Israel Netanya, 4250407 Israel (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F CONTENTS On September 30, 2024, Silynxcom Ltd. issued a press release titled “Silynxcom Announces $740,000 in Orders for Tactical Communication Equipment from The Israel Defense Forces,” a copy of which is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K. EXHIBIT INDEX Exhibit No. Description 99.1 Press Release issued by Silynxcom Ltd. titled “Silynxcom Announces $740,000 in Orders for Tactical Communication Equipment from The Israel Defense Forces”. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SILYNXCOM LTD. Date: September 30, 2024 By: /s/ Nir Klein Name: Nir Klein Title: Chief Executive Officer 2