• Elsight has signed a new additional contract worth US$5.08M (~A$7.9M) with its European defence OEM customer for additional Halo units to be delivered in 2025 (June Contract)

• This new June Contract reflects the customer’s success in securing new downstream clients, for a 2025 total of US$14.7M (~A$22.9M)

• Further expansion of the relationship with the European OEM is expected as long-term quantity requirements are finalised and new programs emerge

• Elsight’s expanding production capability and supply chain readiness enables fast turnaround and delivery on large volume orders

https://hotcopper.com.au/threads/ann-elsight-signed-additional-contract-of-us-5-08m.8610903/

Funding Only 1.8 quarters

Last

$1.10

Change

0.225(25.7%)

Mkt cap !

$199.9M