Siyata Mobile (NASDAQ: SYTA) has announced plans to relocate its manufacturing operations from China to the United States in 2025. This strategic move encompasses both current 4G and next-generation 5G PTT handset production. CEO Marc Seelenfreund expressed optimism about the company's position, noting that capital expenditures have improved all performance metrics.
The company has scheduled an upcoming press conference to announce what they describe as a 'next level shareholder value creation event.' This development comes at a time when Seelenfreund claims the company is in its strongest position since inception.