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Elsight Ltd. ( (AU:ELS) ) has issued an update.
Elsight Limited has secured a new contract worth US$5.35 million with a European defense OEM customer, bringing their total orders for 2025 to US$23.3 million, marking a significant increase over the previous year. This contract highlights the growing demand for Elsight’s Halo platform in the unmanned systems market, with the company experiencing a substantial rise in operational throughput and customer demand. The inclusion of Elsight in key S&P/ASX indices further enhances its market visibility and reflects its strong progress in the technology sector.
The most recent analyst rating on (AU:ELS) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Elsight Ltd. stock, see the AU:ELS Stock Forecast page.
More about Elsight Ltd.
Elsight Limited is a company specializing in carrier-agnostic connectivity solutions for unmanned systems. Their flagship product, the Halo, provides robust connectivity for drones and unmanned systems by using multi-link bonding with cellular, satellite, and RF communications. Elsight’s products are utilized across various sectors, including military, public safety, delivery, medical, and more.
Average Trading Volume: 1,169,614
Technical Sentiment Signal: Buy
Current Market Cap: A$381.2M
Find detailed analytics on ELS stock on TipRanks’ Stock Analysis page.