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Socket Mobile Launches SocketScan S721, a $199 Next-Generation Bluetooth Scanner for Square iOS Applications

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FREMONT, Calif., Jan. 12, 2026 /PRNewswire/ -- Socket Mobile (NASDAQ: SCKT), a leading provider of d...

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AI Summary

Socket Mobile has introduced the SocketScan S721, a next-gen barcode scanner offering better performance and lower costs, particularly for Square's iOS applications. This product enhancement signals ongoing commitment to improving user experiences and is expected to strengthen their market position. Its release, scheduled for January 2024, aligns with growth in mobile point-of-sale solutions, which could increase demand for SCKT's products.

Sentiment Rationale

The launch of a new product like the S721 typically generates positive market sentiment, thereby boosting stock prices. Historical precedence shows that product introductions often lead to increased investment interest and subsequent stock appreciation.

Trading Thesis

Consider buying SCKT as the S721 rollout may boost sales through early 2024.

Market-Moving

  • Launch of S721 could increase demand, boosting SCKT revenues.
  • Compatibility with Square could enhance market penetration and visibility.
  • Preorder status suggests strong initial interest and sales potential.
  • Improvements over the S720 may attract existing and new customers.

Key Facts

  • Socket Mobile launches SocketScan S721 barcode scanner.
  • The S721 improves wireless connectivity and battery life.
  • Expected to replace the S720, catering to Square users.
  • Available for preorder with shipping commencing in January 2024.
  • Targets various applications like retail and inventory management.

Companies Mentioned

  • Square (SQ): SCKT's partnership may enhance visibility and sales through Square's ecosystem.

Corporate Developments

This news falls under 'Corporate Developments' as it highlights Socket Mobile's product launch and strategic direction. The development indicates a proactive approach to market needs and technology evolution, positioning SCKT favorably against competitors.

Socket Mobile Launches Next-Generation Scanner: The SocketScan S721

Socket Mobile (NASDAQ: SCKT), a prominent provider of data capture and delivery solutions, has officially announced the launch of the SocketScan S721. This next-generation handheld Bluetooth® barcode scanner is designed to deliver reliable and high-performance scanning for businesses utilizing Square's iOS applications and other leading mobile point-of-sale platforms. Expected to replace the SocketScan S720, the S721 boasts improved wireless technology, longer battery life, and enhanced scanning capabilities all at a competitive price.

Key Features of the SocketScan S721

The SocketScan S721 is specifically engineered for application-driven businesses. It integrates Bluetooth Low Energy (LE) technology, offering faster pairing, reliable connections, and reduced power consumption, making it ideal for busy retail settings.

  • Improved Wireless Performance: Enhanced connectivity with quicker pairing options.
  • Extended Battery Life: Designed to last longer throughout the workday.
  • Lightweight and Comfortable Design: Supports extended handheld use without discomfort.
  • Wide Compatibility: Works seamlessly with Square Point of Sale, Square Retail, and other business applications.

Compatibility and Application Integration

The SocketScan S721 is compatible with the latest versions of Socket Mobile's CaptureSDK, ensuring fluid integration with various applications. It works effortlessly with Square's applications, such as Square Appointments and Square Restaurants running version 6.86 or newer, in addition to other popular applications like Loyverse and SumUp.

A dedicated charging dock is included, facilitating convenient charging at retail counters and mobile workstations.

Executive Insight and Commitment

Dave Holmes, Chief Business Officer at Socket Mobile, commented, “With the SocketScan S721, we are delivering a high-performance scanning solution that Square iOS users can adopt confidently at a significantly lower cost. By building on the proven success of our S720 platform and introducing more efficient wireless technology and longer battery life, we are giving end users an upgraded, reliable tool.”

Such enhancements signify Socket Mobile's commitment to improving user experiences for its application partners and the businesses they support by offering dependable and accessible data capture solutions.

Real-World Applications and Performance

The SocketScan S721 is optimized for various applications, including:

  • Retail point of sale
  • Inventory management
  • Asset tracking
  • Ticketing
  • Mobile data capture solutions

Its upgraded internal components reduce downtime while ensuring consistent performance throughout the day.

Preorder Details and Availability

Interested customers can now preorder the SocketScan S721 through the Socket Mobile website, with shipments expected to begin in late January. Additionally, free worldwide shipping is available for all orders placed before February 28th, 2026.

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