Byrna Technologies Inc. (NASDAQ: BYRN) shares are witnessing a significant surge today following a key expansion move. As of the latest market check, BYRN stock rose 15.47%, trading at $17.40.
The upward movement comes after Byrna Technologies announced a new, substantial order from Argentina’s Policía de Seguridad Aeroportuaria (PSA), the federal agency responsible for airport security.
Byrna Technologies Secured Major Order
According to Byrna Technologies (BYRN), the PSA has ordered one thousand launchers. This comes after the company’s less-lethal handguns and rifles were first acquired by the agency in April.
Since the initial purchase, the PSA has been rigorously training its officers in the usage of these devices, and the recent deployment of the launchers across Argentina’s airports marks a new phase in the agency’s efforts to adopt less-lethal solutions in its security operations.
BYRN Is Growing International Presence
The most recent installation in Argentina highlights Byrna Technologies’ growing sway over the area. Law enforcement organizations’ growing acceptance of less-lethal technologies is indicative of a larger trend in public safety toward non-lethal measures.
BYRN is establishing itself as a leader in the less-lethal weapons market thanks to its expanding global presence, especially in Latin America. The company anticipates continued positive impacts across Argentina and beyond as more agencies embrace these tools.
Expansion Across Uruguay
Byrna Technologies’ momentum in South America extends beyond Argentina. Recently, the Ministry of the Interior of Uruguay also procured 400 Byrna launchers along with over 100,000 rounds of less-lethal ammunition for its national police force.
During a demonstration attended by Uruguay’s Minister of the Interior, the new devices were introduced as essential tools for enhancing public safety while reducing dependence on lethal force.
These launchers offer law enforcement a safer alternative for handling critical situations, such as public protests or barricade incidents. The continued expansion signals the growing role Byrna Technologies (BYRN) is playing in redefining public safety standards with innovative, less-lethal solutions.