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Elsight Ltd. ( (AU:ELS) ) just unveiled an announcement.
Elsight has secured a US$460,000 purchase order from a prominent U.S. commercial customer in the public safety sector, its first announced commercial deal for calendar 2026, underscoring growing demand for its Halo connectivity platform beyond defence. The order highlights public safety as a leading early-use market for Beyond Visual Line of Sight drone operations and reflects rising commercial engagement ahead of the expected finalisation of the FAA’s Part 108 BVLOS rules, which industry participants anticipate will accelerate broader adoption and deployment of unmanned systems in high-value, mission-critical environments.
The most recent analyst rating on (AU:ELS) stock is a Buy with a A$3.60 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. (ASX: ELS) is a global provider of resilient connectivity solutions for drones and other unmanned systems. Its flagship Halo product uses multi-link bonding across cellular, satellite and RF networks to deliver highly reliable, cyber-secure communications for mission-critical applications across military, homeland security, public safety, delivery, medical, energy, utilities, inspection and surveillance markets.
Average Trading Volume: 1,069,175
Technical Sentiment Signal: Buy
Current Market Cap: A$757.9M
See more insights into ELS stock on TipRanks’ Stock Analysis page.