Byrna Technologies (BYRN) announced significant developments in its Latin American strategy. Byrna LATAM, the Company’s regional partner, is expanding its manufacturing capacity in Argentina to meet growing demand, with plans to produce 3,000 launchers per month starting in Q1 2025 and scale ammunition production. Byrna LATAM’s expanded manufacturing plans include introducing production of Byrna’s Mission-4 and SDXL launchers in Argentina in 2025 and adding to its current production of Byrna SD and Byrna Kinetic ammunition. Additionally, plans are underway to establish a dedicated ammunition factory in Cordoba Province to produce Byrna Max and Byrna Pepper projectiles.
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Read More on BYRN:
- Byrna plans to increase launcher production to 24,000 units per month
- Byrna Technologies surpasses 500,000 launchers sold
- Byrna Technologies price target raised to $23 from $22 at Roth MKM
- Byrna Technologies reports preliminary Q4 revenue $28M, consensus $24.33M
- Byrna Technologies price target raised to $22 from $20 at Roth MKM
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