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An announcement from Elsight Ltd. ( (AU:ELS) ) is now available.
Elsight Ltd. has been selected for the prestigious 2025 Northrop Grumman Technology Accelerator, a program delivered by U.S. venture-builder FedTech. This selection, from over 225 applicants, highlights the strategic importance of Elsight’s Halo platform in defense applications. The program offers Elsight direct integration with Northrop Grumman’s technical and procurement teams, providing a fast-track to U.S. Department of Defense-funded pilots and strategic contracts. This opportunity marks a significant milestone for Elsight’s expansion into the U.S. defense sector, potentially translating into tangible growth for shareholders.
More about Elsight Ltd.
Elsight Ltd. is a leading provider of carrier-agnostic connectivity solutions, known for its flagship product, the Halo. The Halo uses AI-based multi-link bonding to ensure robust connectivity for drones and unmanned systems, offering 99.99% reliability and cybersecurity. Elsight’s products cater to various sectors, including military, public safety, delivery, and more, leveraging UAV and UAS technologies.
Average Trading Volume: 198,341
Technical Sentiment Signal: Buy
Current Market Cap: A$103.5M
Learn more about ELS stock on TipRanks’ Stock Analysis page.