Public safety technology innovator SuperCom (NASDAQSPCB) is announcing a strategic partnership for placing its electronic monitoring (“EM”) offender tracking solution. The company expects this partnership to further support the rapidly growing adoption of its solutions in U.S. markets.

SuperCom (NASDAQSPCB) has entered into securities purchase agreements with institutional investors to sell 545,454 ordinary shares at $11.00 per share in a registered direct offering, expected to generate approximately $6 million in gross proceeds. The offering, set to close on Jan. 31, 2025, is subject to customary conditions. SuperCom plans to use the net proceeds for working capital, research and development, potential acquisitions, and general corporate purposes. Maxim Group LLC serves as the sole placement agent for the transaction.

While the Israel-based firm did not disclose the value of the contract, it said it would provide long-term system maintenance and support throughout the deal's duration.

SuperCom (NASDAQSPCB) has won a multi-year contract to develop, deliver and maintain a national computerized system for secured Driving License (“DL”) cards in a Nordic European country. The system will utilize SuperCom’s Magna e-Government platform, integrating with the country’s existing e-ID and e-Passport infrastructure while complying with EU and ICAO security standards. The company will also provide long-term system maintenance and support. CEO Ordan Trabelsi highlighted the contract as part of SuperCom’s strategy to expand in developed markets and strengthen its position as a trusted provider of secure digital identity and monitoring solutions in Europe.

A report issued last month on a study of domestic partner homicides within the Latino community noted that “in 2020, for all race and ethnicity groups, when the relationship of victims to homicide suspects was known, the suspects were current or former intimate partners of female (50.0%) and male victims (7.9%),” and that among Latinos / Hispanics jealousy was a factor for approximately half of male victims and an eighth of female victims ( https://ibn.fm/2tjOe ).

Public safety tracking technology developer SuperCom (NASDAQSPCB) is expanding the use of its electronic monitoring products throughout the United States, with the company announcing the 20th contract signed with the nation’s law enforcement agencies since the summer of 2024.

SuperCom (NASDAQSPCB) announced the issuance of 100,000 ordinary shares at $43.74 per share, a significant premium to the market price, to pay down $4.374 million in debt as part of an amendment with its senior lender. The amendment extends the debt maturity to Dec. 31, 2028, eliminates monthly interest and amortization payments, and allows interest to accrue until maturity, enhancing the company’s financial flexibility. This paydown completes a 32% reduction in total debt over the past year, freeing cash flow to support SuperCom’s global growth strategies. CEO Ordan Trabelsi highlighted the company’s recent successes, including expanding into six new U.S. states, positioning SuperCom for long-term growth and stakeholder value creation.

SuperCom shares are trading higher on Thursday after the company announced its raising capital in order to pay down debt and ultimately support its growth strategy.

SuperCom (NASDAQSPCB), a global provider of e-Government, IoT, and cybersecurity solutions, has signed a contract with a U.S. multi-state electronic monitoring service provider, furthering its expansion in the U.S. market. This partnership will deploy SuperCom’s PureSecurity Suite into new and existing programs, starting with high-impact opportunities in the Northeastern United States and expanding to other regions. The service provider, an experienced industry player, chose SuperCom after rigorous testing, highlighting the technology’s superiority in addressing justice program challenges. With the U.S. electronic monitoring market projected to reach $1.8 billion by 2028, SuperCom is well-positioned to capitalize on this growth, having entered six new states and signed 20 contracts since mid-2024.

SuperCom, which provides secure solutions for e-Government and cybersecurity, are spiked in premarket on Tuesday.

SuperCom (NASDAQSPCB), an electronic monitoring (“EM”) innovator, is focused on a mission to make its PureSecurity EM platform available to agencies throughout the USA and internationally to enhance public safety efforts. “The company’s leadership has announced several new contracts in the United States and Europe during the past year, many of them related to domestic violence monitoring,” reads a recent article discussing the company.

Superior electronic monitoring (“EM”) tracking solutions, available from SuperCom, are being increasingly applied throughout the world as a proven means of providing public safety, ensuring that individuals under legal restrictions are accurately tracked while avoiding costly incarceration.

SuperCom (NASDAQSPCB), a global provider of secure solutions for the e-Government, Internet of Things (“IoT”), and cybersecurity sectors, announced it has secured an electronic monitoring (“EM”) contract with a Juvenile Probation Agency in Ohio. This marks SuperCom’s first project in the state and its sixth new U.S. market entry since summer 2024, as well as its 20th new EM contract during the same period, highlighting its expansion in delivering innovative public safety solutions. The project will utilize SuperCom’s PureOne technology, which offers real-time GPS tracking, secure communication, and compliance tools in a discreet, humane design to support rehabilitation and reduce stigma. By displacing the incumbent provider, SuperCom enabled the agency to adopt its PureSecurity platform, delivering enhanced operational control and cost efficiency while tailoring solutions to correctional and juvenile programs that promote reintegration and public safety.

South Dakota ranks No. 1 in the nation for statewide public safety efforts and related infrastructure, according to a review published last fall by health and safety experts at CPR educators ProTrainings ( https://ibn.fm/oWTk1 ).

SuperCom (NASDAQSPCB) has secured a contract with an Alabama government agency to deploy its advanced GPS tracking and domestic violence monitoring solutions, marking the company’s fifth state entry since August 2024 and its 10th U.S. contract in 60 days. The agreement includes the implementation of SuperCom’s PureSecurity GPS Tracking and PureProtect technologies, which feature real-time location tracking and anti-tamper mechanisms. This milestone reflects rapid U.S. market acceptance of SuperCom’s offender electronic monitoring technologies, contributing to public safety and offender accountability. CEO Ordan Trabelsi highlighted the U.S. market’s growth potential, noting its size and operational efficiencies compared to Europe, as the company continues its expansion.

GPS tracking technology developer SuperCom (NASDAQSPCB) continues to expand its operations in Europe, announcing shortly before Christmas that it has successfully launched a new electronic monitoring (“EM”) project in Latvia.

SuperCom (NASDAQSPCB), a global provider of e-Government, IoT, and cybersecurity solutions, announced two new contracts with key Kentucky agencies to deploy its advanced public safety technologies. The contracts, which displaced incumbent competitors, demonstrate SuperCom’s growing U.S. presence and its ability to deliver tailored electronic monitoring and rehabilitation solutions. President and CEO Ordan Trabelsi highlighted the company’s expanding footprint in Kentucky and its role in enhancing public safety infrastructure through innovative tools like PureProtect. These latest wins underscore SuperCom’s momentum as a leading provider of public safety technologies across the U.S.

Major U.S. indices ended Thursday in the red with the Dow Jones Industrial Average declining 0.4% at 42,392.27.

SuperCom acquires two new contracts with major agencies in Kentucky, expanding its U.S. presence and solidifying its reputation as a notable provider of electronic monitoring and public safety systems.

SuperCom stock is trading higher on Monday after the company announced it secured new contracts with South Dakota Sheriff agencies.

GPS tracking technology developer SuperCom (NASDAQSPCB) is helping improve public safety by building and deploying an electronic platform and monitoring service for criminal justice agencies that helps ensure that qualifying offenders and supervised suspects remain under monitored activity without the heavy expense of incarceration.

SuperCom (NASDAQSPCB), a provider of secure e-Government, IoT and cybersecurity solutions, has launched a new electronic monitoring project in Latvia, marking its third national contract in the country. Utilizing its PureSecurity EM Suite, featuring GPS tracking, secure communications, and real-time monitoring, SuperCom will support the Latvian State Police in preventing and responding to domestic violence cases while enhancing public safety. CEO Ordan Trabelsi emphasized the project’s role in expanding SuperCom’s European presence and addressing the growing global demand for domestic violence prevention solutions, highlighting its leadership in innovative public safety technologies.

Electronic monitoring (“EM”) technology developer SuperCom (NASDAQSPCB) has built a worldwide reputation with its PureSecurity suite, which is used for dependable court-supervised tracking of qualifying offenders.

SuperCom (NASDAQSPCB) is an electronic monitoring (“EM”) innovator bringing advanced technology and monitoring services to government clients for increased use in supervised-release programs. The company’s president and CEO, Ordan Trabelsi, outlined SuperCom’s services and critical benefits during a recent investor presentation at the annual LD Micro Invitational.

GPS tracking technology developer SuperCom Ltd. (NASDAQSPCB) is gaining attention for its improving profitability amid the company’s heightened focus on court and police client electronic monitoring (“EM”). The company’s superior EM solutions allow dependable supervision of qualifying offenders while freeing them from expensive physical custody.