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Elsight Limited (ASX:ELS)

ALERT: Price-sensitive ASX Announcement for ELS
Current share price for ELS : $7.740 5.995 (343.55%)+
Announcement
Release
8 Sep 2025 8:25AM
Price at Release
$1.745
Full Release
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Summary
Elsight Limited has secured a new contract worth US$5.35 million with an existing European defence OEM customer for its Halo units, increasing the total value of orders in the 2025 calendar year to US$23.3 million. This represents a 1,000% increase over the previous year's total orders. The recent contract highlights the growing adoption and demand for Elsight's Halo platform in unmanned systems, with significant order volumes occurring in July and August alone. The company is also advancing discussions for 2026 procurement schedules with expectations for increased annual volumes. Elsight's inclusion in the S&P/ASX All Ordinaries Index and the S&P/ASX All Technology Index enhances its visibility and reflects its progress in the technology sector.
Key Points
  • New US$5.35 million contract with existing European defence OEM customer.
  • Total 2025 orders reach US$23.3 million, a 1,000% increase from 2024.
  • Significant delivery volumes in July-August 2025.
  • Ongoing discussions for 2026 procurement with higher volumes expected.
  • Inclusion in S&P/ASX All Ordinaries and All Technology Indices.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.