We are initiating coverage of SuperCom Ltd. with a Buy rating and a $10 twelve-month price target. We believe that SuperCom presents a compelling investment opportunity within the digital identity, public safety, and e-government sectors. The company's recent contract wins in the US and European regions and expansion into new markets signal strong growth potential. Its focus on innovative solutions like AI-integrated platforms and new product launches positions SuperCom to capitalize on the increasing demand for secure digital identity and public safety technologies. We believe new contract wins and opportunistic acquisitions, coupled with the introduction of new products and services, suggest a promising trajectory toward long-term value creation for shareholders. Our $10 price target is based on a 24x P/E multiple of our FY 2026 estimate.