SAN DIEGO–(BUSINESS WIRE)–Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, today announced a $2.0 million LRAD maritime systems order from the U.S. Navy (Navy). The follow-on order is part of the Navy’s ongoing replacement of first generation LRADs with new LRAD 1000Xi extended range communication and ship protection systems. The order is scheduled for delivery this fiscal year.
“The LRAD 1000Xi systems are slated for deployment on Navy surface combatants, large amphibious ships, and aircraft carriers,” said Richard Danforth, Chief Executive Officer of Genasys. “LRADs have provided Navy ships with extended range, over-water communication and scalable escalation of force capabilities for more than 20 years. LRADs enhance operational effectiveness, strengthen ship self-defense, and improve safety on Navy and Coast Guard ships whether in port or deployed.”
The U.S. Military and more than 30 international Navies and Coast Guards deploy LRADs for a variety of missions and operations, including ship-to-ship communication, establishing vessel exclusion zones and restricted areas, interceptions and interdictions, search and rescue, environmental responses, coastal water control, port and shore side security, anti-piracy, maritime immigration encounters, and more.
The LRAD 1000Xi features rugged military construction for reliable operation in extreme maritime conditions. By broadcasting audible hails, warnings, and commands that are clearly heard and understood over wind, engine, and background noise out to 3,000 meters, the LRAD 1000Xi provides more time and distance to communicate, determine intent, de-escalate dangerous situations, and save lives.
About Genasys Inc.
Genasys Inc. (NASDAQ: GNSS) is the global leader in Protective Communications. Incorporating the most comprehensive portfolio of preparedness, response, and analytics software and systems, as well as the Company’s Long Range Acoustic Devices® (LRAD®) the Genasys Protect platform is designed around one premise: ensuring organizations and public safety agencies are “Ready when it matters™.” Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. For more information, visit genasys.com.
Forward-Looking Statements
Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation the business impact of geopolitical conflicts and other causes that may affect our supply chain, and other risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding other potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2024. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.
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(858) 676-0582
