Retire43
2 weeks ago
Dear Shareholders,
I’m pleased to bring you another exciting update on the progress and achievements we’ve made this week at Cytta Corp. As we continue to expand our market presence and drive innovation, the momentum we are building is truly remarkable.
Significant Growth in Free Trials and New Subscription System
Our efforts to introduce CyttaAIR with IGAN™ 3.0 to the commercial drone market are paying off in a big way. We are thrilled to announce that 172 people, primarily commercial drone pilots, have registered for the free trial of CyttaAIR. This growing interest underscores the demand for secure, real-time drone video streaming solutions across various industries.
To capitalize on this momentum, we have implemented a new automated subscription system that will streamline the conversion of trial users into paid subscribers. This system is designed to provide a seamless transition from trial to subscription, ensuring that users can continue to benefit from CyttaAIR without interruption. We anticipate that this will significantly boost our recurring revenue as more trial users experience the full value of our platform and choose to subscribe.
Continued Success in the Law Enforcement Sector
We are also seeing continued success in our efforts to expand CyttaAIR’s presence in the law enforcement sector. We have received additional signed purchase orders from law enforcement agencies this week, further validating the effectiveness of our technology in enhancing public safety operations. Our VP of Business Development, Mike Elliott, has been instrumental in leading these efforts, and we expect to see even more growth in this sector as we move forward.
Progress on Our Oil and Gas Program
Our initiatives in the Oil & Gas industry are progressing steadily as well. As we continue to engage with key stakeholders, we are confident that CyttaAIR will become a vital tool in this sector, particularly for pipeline inspections and environmental monitoring. The Oil & Gas industry’s need for real-time, secure drone video streaming is clear, and CyttaAIR’s capabilities are perfectly aligned to meet those demands. We look forward to sharing more specific developments in this area in the coming weeks.
Looking Ahead
As we reflect on the significant milestones achieved this week, it’s clear that Cytta Corp is on a strong trajectory of growth and innovation. The increasing number of trial registrations, the implementation of our new subscription system, and the ongoing success in the law enforcement and Oil & Gas sectors all point to a bright future for CyttaAIR.
We remain focused on executing our growth strategy and delivering value to our shareholders. The developments we’ve seen this week are a testament to the hard work and dedication of our team, and we are excited about the opportunities that lie ahead.
We encourage all our investors to stay informed by visiting our investor relations page and keeping an eye on upcoming announcements. Your continued support is greatly appreciated, and we look forward to sharing more updates with you soon.
Thank You for Your Support
Your trust and support are the driving forces behind our success at Cytta Corp. Together, we are revolutionizing the way industries operate with cutting-edge technology that makes a real difference. Thank you for being part of this journey, and we look forward to achieving even greater things in the weeks and months ahead.
Sincerely,
Gary Campbell
CEO, Cytta Corp.
Retire43
3 weeks ago
Aug 23 news letter
I am pleased to bring you this week’s update, highlighting the progress we’ve made and the momentum we continue to build at Cytta Corp. Our team remains laser-focused on expanding our market presence and delivering cutting-edge technology that addresses the critical needs of our clients.
Significant Growth in CyttaAIR Free Trials
We are excited to announce that we have now received 99 commercial drone pilot free trial requests for CyttaAIR with IGAN™ 3.0. This remarkable response underscores the growing interest and demand for our secure, real-time drone stream sharing technology in the commercial drone sector.
These trials are a key part of our strategy to introduce CyttaAIR to a broader audience, demonstrating its unparalleled ability to stream and share high-quality drone video anywhere, anytime, with anyone in the world. The feedback from these pilots will be invaluable as we continue to refine and enhance our offerings.
New Purchase Orders and Law Enforcement Expansion
I am also thrilled to report that we have secured two new signed purchase orders from Florida law enforcement agencies this week. These orders are a direct result of our focused outreach and the recent roadshow efforts led by our VP of Business Development, Mike Elliott. The orders reaffirm the effectiveness of CyttaAIR in law enforcement operations, particularly in its ability to provide real-time collaboration and secure video streaming capabilities that are critical for mission success.
Expansion into the National Commercial Drone Space
As part of our ongoing efforts to broaden our reach, we have expanded our marketing campaign into the national commercial drone space.
CyttaAIR with IGAN™ 3.0 is now being positioned as the go-to solution for industries requiring instant, secure drone stream sharing, such as power line inspections, infrastructure monitoring, and industrial applications. This campaign emphasizes the groundbreaking capability of CyttaAIR to share live drone streams with multiple recipients in real-time, making it the ultimate tool for any operation where instant collaboration is essential.
We believe this strategic expansion will significantly increase our market presence and drive further adoption of CyttaAIR across various industries.
Noteworthy Demo at Florida State University
This week, we had the privilege of conducting a demo of CyttaAIR/CyttaCOMMS with Dr. David Merrick, Director of the Emergency Management and Homeland Security Program and the Center for Disaster Risk Policy at Florida State University.
Following the demo, Dr. Merrick provided exceptional feedback, stating that CyttaAIR/CyttaCOMMS is the "Holy Grail" for emergency and disaster management drone coordination software. This endorsement from a leading expert in the field of disaster management is a powerful validation of our technology’s potential impact.
We are confident that this will open new doors for CyttaAIR in the emergency management sector, and we look forward to further collaborations that will demonstrate the full capabilities of our platform.
Looking Ahead
As we continue to build on our successes, we remain committed to executing our growth strategy and delivering value to our shareholders. The momentum we’ve gained this week, with new trials, purchase orders, and industry endorsements, positions us strongly for the future.
We encourage all our investors to stay informed by visiting our investor relations page and keeping an eye on upcoming announcements. We are excited about what lies ahead and look forward to sharing more updates with you soon.
Thank You for Your Support
Your continued support is vital to our mission at Cytta Corp. Together, we are pushing the boundaries of what’s possible in drone technology and making a tangible difference in the industries we serve. Thank you for your trust and partnership.
Sincerely,
Gary Campbell
ProfitScout
3 weeks ago
$CYCA News: Cytta Corp. Announces Additional Purchase Orders for CyttaCOMMS from Multiple Florida Police Departments
Over 80 Police Departments Now Conducting Live Operational Trials With Cytta COMMS 3.0 Streaming Software
LAS VEGAS, NV / ACCESSWIRE / August 16, 2024 / Cytta Corp. (OTCQB:CYCA), a leader in real-time communication and data streaming solutions, is thrilled to announce a major breakthrough with the signing of new purchase orders for CyttaCOMMS from five additional Florida police departments: Winter Haven PD, Zephyrhills PD, North Port PD, Sanford PD, and Ocala PD. This incredible momentum, over the last two months, brings our total to 10 police departments, now harnessing the power of CyttaCOMMS 3.0. These results from the 80+ agencies currently in free trials, is a testament to our transformative impact on law enforcement operations
The extraordinary adoption rate of CyttaCOMMS 3.0 after their free trial, is a game-changer for bringing Cytta's technology to public safety. Our technology is redefining how police departments communicate and respond to emergencies, providing them with secure, real-time video and data streaming that dramatically improves situational awareness and operational effectiveness. The enthusiasm among these departments is palpable, as they recognize the life-saving potential of integrating CyttaCOMMS into their daily operations.
"We couldn't be more excited about the positive feedback we're receiving from the departments that have already implemented CyttaCOMMS," said Mike Elliott, VP of Business Development at Cytta Corp. "They're experiencing firsthand how our technology enhances their ability to protect and serve their communities. This excitement fuels our commitment to delivering unparalleled support to our new customers, ensuring they maximize the benefits of CyttaCOMMS in every situation."
But the excitement doesn't stop there. Cytta Corp. is also celebrating a successful national advertising campaign for CyttaAIR, our cutting-edge integrated drone hardware and software solutions. The response has been overwhelming, with commercial drone pilots from coast to coast registering for free trials. This wave of interest underscores the industry's recognition of CyttaAIR as a revolutionary tool for secure, real-time video streaming in drone operations. The market's reaction further validates Cytta Corp.'s position as a leader in both public safety technology and the broader drone industry.
As CyttaCOMMS and CyttaAIR continue to gain traction, investors can take confidence in Cytta Corp.'s robust growth trajectory and the significant market opportunities ahead. The expanding adoption of our solutions by law enforcement and commercial operators alike signals a bright future, filled with innovation and success.
About Cytta Corp
Cytta Corp (OTCQB:CYCA) is at the cutting edge of video streaming and communication solutions, driving innovation to enhance operational efficiency and public safety. Our flagship product, CyttaCOMMS, ensures secure, real-time video streaming across any drone brand, providing seamless integration and heightened situational awareness for law enforcement and emergency responders. Cytta's innovative new product, CyttaCARES, is a game-changer in ensuring the safety and well-being of children in educational institutions and beyond. CyttaAIR, a groundbreaking platform designed to innovate and consolidate the best of drone hardware, software, and resources for Federal and State Law Enforcement Agencies. Cytta's CyttaCOMP ISTAR (Intelligence, Surveillance, Target Acquisition and Reconnaissance) technology delivers real-time compression of video streams with ultra-low latency.
For more information about Cytta Corp and our groundbreaking technology solutions, please visit www.cytta.com.
Contact Us
Cytta Corp.
Toll free # : 1 877 CYTTAUS (298 8287)
Call Local : 1 740 CYTTAUS (298 8287)
http://www.cytta.com
info@cytta.com
Gary Campbell, CEO
Direct (702) 900-7022 (or message)
Gary@cytta.com
Natalia Sokolova, President & COO
Direct: (424) 333-0595 (or message)
Natalia@cytta.com
Mike Elliott, VP of Business Development
mikeelliott@cytta.com
(689) 222-8708.
SOURCE: Cytta Corp.
jedijazz
1 month ago
$CYCA Reticulate Micro Launches $10M Reg A Capital Raise
Digital Offering Allows Defense Tech Provider to Democratize its Offering to Public Investors - https://reticulate.io/reticulate-micro-launches-10m-reg-a-capital-raise/
PALM BAY, Fla. / August 1, 2024 / Reticulate Micro, Inc. (“Reticulate Micro,” “Reticulate” or the “Company”), a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment, has launched its Regulation A stock offering to raise up to $10 million (the “Reg A Offering”) to support Reticulate’s product and market launch efforts as a leading provider of video compression and tactical and SATCOM management solutions. Its flagship product, VAST™, is designed to enable ultra-efficient streaming video and situational awareness in bandwidth-challenged environments.
Reticulate’s offering was qualified with the Securities and Exchange Commission (“SEC”) this week and allows anyone to now invest in the Company. The Reg A Offering has an offering price of $3.50 per unit. Each unit includes one share of the Company’s Class A Common Stock and one warrant to purchase one share of the Company’s Class A Common Stock at an exercise price of $5.50 per share. The minimum investment is $700 for 200 units and is open to all investors.
The lead selling agents for the transaction include Boustead Securities, LLC, a leading full-service investment banking firm and licensed FINRA member, and Digital Offering LLC, a next-generation investment bank focused on technology and innovation and helping high-quality private and public growth companies access U.S. capital markets.
“We are delighted to launch our capital raise with such an experienced investment banking team who share our vision to democratize our offering to a broad investment pool,” said Michael Chermak, Executive Chairman of Reticulate Micro.
Reticulate will utilize the DealMaker platform which allows the public to invest directly in Reticulate’s stock: https://invest.reticulate.io
The Company plans to use the proceeds from the Reg A Offering to scale sales and marketing as well as operations, invest in new product development, and expand its IP portfolio.
“We are excited to leverage the funds from our Reg A Offering to accelerate the development and delivery of our cutting-edge VAST™ video compression technology, ensuring we stay at the forefront of innovation in national security, healthcare, and critical infrastructure,” said Joshua Cryer, President and CEO of Reticulate Micro.
Investors can receive additional information on the offering either on Reticulate’s investor page at https://reticulate.io/investors/ or via email at ir@reticulate.io.
About Reticulate Micro, Inc.
Reticulate Micro, Inc., with headquarters in Palm Bay, Florida, is a commercial and defense technology company dedicated to delivering trusted and resilient communications over any transport and in any environment. Reticulate is building one of the world’s first post-quantum-encrypted open-systems platforms for robust video streaming, simplified terminal management and satellite mobile connectivity in austere environments and diverse orbital regimes.?Serving the defense, mobility, broadcasting, enterprise infrastructure monitoring and security sectors, Reticulate Micro and its newest business segment Reticulate Space embrace open standards across its software and product offerings.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as “intends,” “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms.
Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the offering statement filed with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained, and Company does not undertake any duty to update any forward-looking statements except as may be required by law.
The offering will be made only by means of an offering circular. An offering statement on Form 1-A relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become qualified. The securities offered by the Company are highly speculative. Investing in shares of the Company involves significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue.
The Company intends to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including but not limited to disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards. For additional information on the Company, the offering and any other related topics, please review the Form 1-A offering circular that can be found at the following location EDGAR Entity Landing Page (sec.gov). Additional information concerning Risk Factors related to the offering, including those related to the business, government regulations, intellectual property and the offering in general, can be found in the risk factor section of the Form 1-A offering circular.
Contact:
Media:
Reticulate Micro Media Relations
media@reticulate.io
Investor Relations:
Reticulate Micro Investor Relations
ir@reticulate.io
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Penny2Dime
2 weeks ago
Randy1111
1 month ago
