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Tuesday, June 6, 2023

Here is what you need to know about Sonim Technologies, Inc (SONM)

The stock price of Sonim Technologies Inc (SONM) closed the recent trading session at $0.62, losing 0.37% from the previous trading session. During the last check, the stock price gained 3.01% to $0.64, in the after-market. SONM filed the form SC 13G with the SEC on February 9, 2022, to report the acquisition of beneficial ownership of 5% or more of equity securities.


On December 16, 2021, Sonim reported that the company has secured design win awards for its cutting-edge products from two long-term carrier clients in Canada. The award is for an upgraded feature phone with enhanced PTT (Push to Talk) capabilities and an ultra-rugged smartphone with the capabilities of 5G.

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These Canadian awards follow the previously declared design win awards from US carriers on June 29, 2021, for SONM’s products. The super rugged 5G cell phone is relied upon to be delivered in the third quarter of 2022 and incorporates a large number of the features that Sonim is referred to for. For example, military-grade toughness and firmly coordinated Push-to-Talk (PTT) communications.

The main features of the new gadgets are expected to include OneTouch PTT (Push to Talk), MCPTT (mission-critical Push to Talk), a red emergency button, super loud-speakers and noise suppression, ultra-tough accessories, and support for 5G networks, public safety broadband network, and a CBRS network.

Management Remarks

The Chief Marketing Officer (CMO) at Sonim Technologies, John Graff, said that they are satisfied with the response of carrier companies to their next-generation 5G smartphones. He added that they have a solid client base in Canada on account of their carrier partners.

He further added that they are satisfied that the carrier companies have shown extraordinary interest in their portfolio of new products.

About Sonim Technologies

Sonim Technologies is a U.S. supplier of super rugged mobility solutions planned explicitly for task laborers, in strategic jobs. The Sonim solution incorporates ultra-rugged cell phones, a set-up of modern industrial-grade accessories, and information and work process applications which are altogether intended to expand laborer productivity, communication, and wellbeing on the job site. Founded in 1999, SONM is headquartered in Austin Texas, United States Of America (USA).

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