Galaxy Next Generation’s Sales and Marketing Team is Executing on $5 Million Sales Pipeline, its Largest in Company History
By:
ACCESSWIRE
January 12, 2023 at 08:30 AM EST
Product Shipping in Late January/Early February to Fulfill an Additional $1.7 Million in Backlog TOCCOA, GA / ACCESSWIRE / January 12, 2023 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions and school communication platforms, is pleased to announce that its sales pipeline has risen to $5 million, its largest in Company history. In addition to a strong sales pipeline, Galaxy is pleased to have product available and ready to ship towards the end of this month helping them close out on $1.7 million in backlogged purchase orders. The ramp up of sales opportunities is specifically driven by the successful launch of two new product lines, G2 Link (a Classroom Audio Amplification System) and G2 Secure (an Emergency Communication Platform). These two new products were a result of heavy Research and Development investments in 2021 and continued additions with features in 2022. The launch of G2 Link also was a big transitional point for us as we moved our classroom audio product line under the ‘G2' brand directly and away from supplying our technology under an OEM relationship, to another US based company. With this transition, we are now able to offer a fully integrated solution for all things communication within the classroom and throughout the school. Our fully integrated communication platform can be used as a school's regular intercom and voice lift system as well as provide controlled communication during a crisis situation. This fully integrated solution which is completely flexible and scalable into any school environment has already proven to be a catalyst within our organization and will be responsible for our growth coming into 2023. As we continue to focus on these new products over the next 12-month period, we will also continue to see improvements in our profit margins (as evidenced in our last quarterly report reflecting the increase in profit margins from ~40% to 57%). About Galaxy Next Generation, Inc. For additional information, please visit our website at: www.galaxynext.us Safe Harbor Statement Investors Contact: SOURCE: Galaxy Next Generation, Inc. View source version on accesswire.com: https://www.accesswire.com/734983/Galaxy-Next-Generations-Sales-and-Marketing-Team-is-Executing-on-5-Million-Sales-Pipeline-its-Largest-in-Company-History More NewsView MoreVia MarketBeat
Why Palantir Slide May Be a Setup for a Long-Term Opportunity ↗
Today 10:36 EST
Via MarketBeat
Attention Income Investors: This REIT Is on Sale ↗
Today 9:01 EST
Via MarketBeat
Tickers
RKLB
MarketBeat Week in Review – 11/17 - 11/21 ↗
Today 7:00 EST
Recent QuotesView More
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes. By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.
|