BK Technologies

BK Technologies

About BK Technologies

Simplify's Rating
Why BK Technologies is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Hardware

Defense

Company Size

51-200

Company Stage

IPO

Headquarters

West Melbourne, Florida

Founded

2017

Overview

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Simplify's Take

What believers are saying

  • Recent large purchase orders indicate strong demand for BK Technologies' products.
  • The land mobile radio market is projected to grow significantly by 2031.
  • The new SaaS business unit could open additional revenue streams for BK Technologies.

What critics are saying

  • Increased competition from emerging communication technology companies could erode market share.
  • Supply chain vulnerabilities may lead to production delays and increased costs.
  • Reliance on government contracts poses a risk to revenue stability.

What makes BK Technologies unique

  • BK Technologies offers multiband radios with advanced push-to-talk-over-broadband capabilities.
  • The company has a strong focus on public safety and government agency communications.
  • BK Technologies' InteropONE service enhances radio functionality with smartphone integration.

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Company News

Critical Communications Review
Nov 1st, 2024
BK Technologies Receives $3.3 Million Purchase Order for BKR 9000 Radios from the Florida Forest Service

BK Technologies Corporation this week announced that it has received a $3.3 million purchase order from the Florida Forest Service for the Company's BKR 9000 multiband portable radio.

Stock Titan
Oct 30th, 2024
BK Technologies Receives $3.3 Million Purchase Order for BKR 9000 Radios from the Florida Forest Service

BK Technologies receives $3.3 million purchase order for BKR 9000 radios from the Florida Forest Service.

BK Technologies
May 29th, 2024
BK Technologies Receives Two Purchase Orders for BKR 5000 Radios from the California Department of Forestry and Fire Protection for a Total Order Value of $9.1 Million

For many years, BK has partnered with CAL FIRE to supply high quality, reliable communications technology in support of their mission to protect and maintain California's expanse of wildlands and we look forward to continuing to support and enhance their critical portable communications platform.

Seeking Alpha
Dec 20th, 2023
BK Technologies appoints Horowitz as chairman of the board

BK Technologies (NYSE:BKTI) said it has appointed Joshua Horowitz as chairman of the board.

Yahoo Finance
Nov 7th, 2023
Bk Technologies Receives $315,000 Purchase Order From The United States Department Of Defense For The Bkr 9000 Multiband Radio

WEST MELBOURNE, FL / ACCESSWIRE / November 7, 2023 / BK Technologies Corporation (NYSE American:BKTI) today announced that it is has received a purchase order valued at $315,000 from the United States Department of Defense ("DoD") for the Company's BKR 9000 multiband radio as the DoD adds capabilities to its existing fleet of radios.John Suzuki, CEO of BK Technologies, commented, "We're pleased to expand our partnership with the Department of Defense as they expand their existing fleet of multiband radios with this order for the BKR 9000. The DoD's key requirements included a multiband, P25-compliant, LTE-capable portable radio, and following a competitive bid process, the BKR 9000 multiband radio, which is interoperable with existing P25 trunking infrastructure, was selected. Furthermore, BK Technologies' BKRplay services enable the BKR 9000 to tether to a smartphone running the company's InteropONE application, enabling cost-effective Push-To-Talk capability over cellular LTE/5G or WiFi networks when outside of LMR coverage. This contract is a validation of the performance and reliability of our technology, and we look forward to continuing our relationship with the DoD as they continue to enhance the scope and capabilities of their radio fleets."About BK TechnologiesBK Technologies Corporation, through its operating subsidiaries, manufactures high-specification, American-made communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies. BK Technologies' SaaS business focuses on new, innovative public safety smartphone services that will make the first responders safer or more productive. BK Technologies is honored to serve these heroes when every moment counts

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