Elsight Ltd
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Elsight Aims for Profitability after Achieving Record Revenue In First Half of FY25
Elsight (ASX: ELS) has reported unprecedented performance for the first six months of the 2025 financial year, with record revenue driving it through cash flow breakeven and towards profitability. The connectivity solutions company posted a first half record revenue of $7.4 million, with a strong order book of $17.5 million providing a solid foundation for […]
Elsight secures $7.9m Halo connectivity platform contract extension with European drone maker
Elsight (ASX: ELS) has signed an additional $7.9 million contract with an undisclosed European defence drone manufacturer for the supply of its Halo connectivity platform for unmanned aerial vehicles. The contract is an extension to the $15m worth of work Elsight received from the same customer in April and May and reflects the manufacturer’s success […]
Elsight lands $8.2m follow-up contract with European drone manufacturer for Halo connectivity platform
Elsight (ASX: ELS) has been awarded an $8.2 million order to supply its Halo connectivity platform to an undisclosed European defence drone manufacturer. The contract follows a previous Halo purchase order in April from the same customer and takes the customer’s total commitment to approximately $15m. Elsight has already recognised more than $1.56m of the […]
Elsight’s 5G Halo platform elevates Lockheed Martin’s Indago 4 drone for enhanced missions
The 5G-ready Halo connectivity platform developed by Israeli company Elsight (ASX: ELS) has been integrated with the Indago 4 drone built by US aerospace firm Lockheed Martin under a strategic collaboration exercise to complete beyond visual line-of-sight flights. The Indago 4 is a backpackable, electrically powered and rapidly deployed uncrewed aerial system (UAS, or drone) […]