Genasys (GNSS) Secures $2.0M Order for Singapore Navy USV Communication Systems

By Maham Fatima | March 09, 2026, 7:46 AM

Genasys Inc. (NASDAQ:GNSS) is one of the cheap stocks that will go to the moon according to Reddit. On February 12, Genasys announced a $2.0 million order to equip the Republic of Singapore Navy’s/RSN new fleet of unmanned surface vessels/USVs with remotely operated LRAD 950NXT systems. These advanced long-range acoustic devices are designed to provide critical ship-to-ship and ship-to-shore communications for uncrewed platforms. As the RSN continues to expand its autonomous maritime capabilities, Genasys expects further orders to follow this initial procurement.

The LRAD 950NXT features gyro-stabilization, ensuring reliable performance and clear communication at distances of up to 3,000 meters, even in challenging sea conditions. According to Genasys CEO, the technology allows remote operators to hail, warn, and determine the intent of other vessels from a safe distance. This capability is essential for the RSN’s USVs, which recently began operational patrols in the congested Singapore Strait to perform surveillance and security missions alongside manned ships.

Genasys (GNSS) Secures $2.0M Order for Singapore Navy USV Communication Systems

By integrating these remotely operated systems, the RSN aims to address manpower constraints while maintaining a robust presence in Singapore’s waters. The LRAD 950NXT supports both manual and semi-automated modes, offering a non-lethal means to de-escalate potential threats and mitigate the use of force. Currently, 26 international navies and coast guards use Genasys Inc. (NASDAQ:GNSS) technology, underscoring the global demand for sophisticated protective communication solutions in modern maritime defense.

Genasys Inc. (NASDAQ:GNSS) designs, develops, and sells critical communications hardware and software solutions to alert, inform, and protect people principally in the Asia Pacific, North and South America, Europe, the Middle East, and Africa. The company has two segments: Hardware and Software.

While we acknowledge the potential of GNSS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 33 Stocks That Should Double in 3 Years.

Disclosure: None. Follow Insider Monkey on Google News.

Mentioned In This Article

Latest News