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Elsight Ltd. ( (AU:ELS) ) has shared an announcement.
Elsight Ltd. has secured a significant US$21.2 million contract for the first four months of 2026, marking a substantial increase in demand for its Halo platform in the global defense and uncrewed systems market. This contract, from an existing European OEM customer, represents a 13.5-fold increase in orders compared to the same period in 2025, reinforcing Elsight’s position as a key connectivity provider for next-generation uncrewed platforms. The deal, structured with favorable upfront payment terms, is expected to support Elsight’s scale-up efforts and contribute to a strong start in 2026, with expanded opportunities in the defense and commercial sectors.
The most recent analyst rating on (AU:ELS) stock is a Hold with a A$2.50 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 Ltd. is a company specializing in carrier-agnostic, multi-link connectivity solutions for uncrewed systems. Its flagship product, the Halo, offers robust connectivity for drones and other unmanned systems by combining cellular, satellite, and RF communications. Elsight’s products are utilized across various sectors, including military, public safety, delivery, and surveillance.
Average Trading Volume: 1,137,314
Technical Sentiment Signal: Buy
Current Market Cap: A$586.1M
See more data about ELS stock on TipRanks’ Stock Analysis page.