What's Going On With SuperCom Shares Monday?

Dylan Berman

December 30, 2024

SuperCom, Ltd. (NASDAQ:SPCB) stock is trading higher on Monday after the company announced it secured new contracts with South Dakota Sheriff agencies.

The Details: These contracts will enable the integration of SuperCom’s PureOne technology, known for its real-time GPS tracking, strong communication capabilities and reliable performance in both urban and rural environments, into the South Dakota Sheriff departments.

This marks SuperCom’s first expansion into South Dakota, further strengthening its presence in the U.S. South Dakota is the fourth new state the company has entered since August 2024.

Ordan Trabelsi, President and CEO of SuperCom, said, “The growing adoption of our PureOne solution underscores its unique ability to meet the evolving needs of law enforcement. By delivering high-quality, innovative solutions, we continue to strengthen our position as a trusted partner in advancing public safety technology nationwide.”

See Also: Smart Money Is Betting Big In DXCM Options

SPCB Price Action: At the time of writing, SuperCom stock is trading 78.0% higher at $6.85, according to data from Benzinga Pro.

Image: Image via Shutterstock

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