BK Technologies Secures FCC Approval For BKR 9000 Multiband Radio, Aiding Its Revenue Goal Of $100M By 2025
Portfolio Pulse from Akanksha Bakshi
BK Technologies Corp (NYSE:BKTI) has received FCC approval for its BKR 9000 multiband radio, which is expected to expand its addressable market and attract new customers. The company aims to achieve a revenue goal of $100 million by 2025.
June 05, 2023 | 3:40 pm
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BK Technologies received FCC approval for its BKR 9000 multiband radio, which is expected to expand its market and help achieve a $100 million revenue goal by 2025.
The FCC approval for BK Technologies' BKR 9000 multiband radio is a significant milestone for the company, as it allows them to enter new markets and attract larger contract opportunities. This is expected to contribute to their revenue goal of $100 million by 2025, which is a positive development for the company and its investors. The stock price has already reacted positively, with shares trading higher by 3.69%.
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