SuperCom (SPCB) News & Sentiment

The growth rate in unit count surpassed 200% by January 2025 and expected to surpass 400% by end of 2025 TEL AVIV, Israel , Feb. 6, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that Company has received new orders from a European government customer which locked in over 200% growth in PureTrack GPS units in the 12 month period ending January 2025 and is expected to surpass 400% growth by end of 2025. These orders are part of an expansion of a large ongoing Nationwide European electronic monitoring (EM) project that SuperCom has been implementing.

TEL AVIV, Israel , Jan. 30, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has entered into securities purchase agreements with certain institutional investors to purchase 545,454 ordinary shares in a registered direct offering at a purchase price of $11.00 per ordinary share. The gross proceeds to SuperCom from the offering are estimated to be approximately $6.0 million before deducting the placement agent's fees and other estimated offering expenses.

TEL AVIV, Israel , Jan. 29, 2025 /PRNewswire/ -- SuperCom (Nasdaq: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has won a new multi-year national contract with the government of a Nordic European country. Under this contract, SuperCom will develop, deliver, and maintain a new national computerized system for enrolment, personalization, and issuance of secured Driving License ("DL") cards.

The shares issuance and other favorable terms agreed upon with SuperCom's senior lender increase the free cash flows to be used by the company to support its growth strategy TEL AVIV, Israel , Jan. 23, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today the issuance of 100,000 of its ordinary shares at a price of $43.74 per share, which reflects a significant premium to the last closing price, to pay down $4.374 million of SuperCom's outstanding debt. This issuance and debt paydown were part of an amendment that SuperCom executed with its senior lender, a large national investment management firm.

This Marks 20 th New Contract and Sixth New State Entry in the U.S. Since Summer of 2024 TEL AVIV, Israel , Jan. 13, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new electronic monitoring (EM) contract with a Juvenile Probation Agency in Ohio. This contract marks SuperCom's first project with a government agency in Ohio and its entry into its sixth new U.S. state since the summer of 2024, highlighting SuperCom's expansion momentum in providing innovative public safety solutions nationwide.

10 new contracts in the USA signed in just 60 days, reflecting record expansion speed TEL AVIV, Israel , Jan. 6, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new contract to provide its advanced GPS tracking and domestic violence (DV) monitoring solutions to a government agency in Alabama. This achievement marks SuperCom's 5th entry into a new US state since August 2024 and its 10th contract signed in the USA in just 60 days.

SuperCom Continues Rapid US Market Expansion with New Direct Agency Contracts TEL AVIV, Israel , Jan. 2, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has secured two new contracts with key agencies in Kentucky. These contracts involve the deployment of SuperCom's advanced public safety technologies, designed to enhance monitoring capabilities and provide reliable solutions tailored to agency needs.

South Dakota Marks SuperCom's Fourth New State Entry Since August 2024, Highlighting Rapid U.S. Market Expansion TEL AVIV, Israel , Dec. 30, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured multiple electronic monitoring contracts with county Sheriff agencies across South Dakota. SuperCom has signed seven contracts in South Dakota, with more agreements expected as the company continues to expand its footprint in the region.

SuperCom Ltd. (NASDAQ:SPCB ) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Company Participants Ordan Trabelsi - President, CEO & Director Conference Call Participants Matthew Galinko - Maxim Group Operator Ladies and gentlemen, good morning, and welcome to SuperCom's Third Quarter 2024 Financial Results and Corporate Update Conference Call.