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Elsight: Receives Halo order from Brazilian UAV services provider

Elsight Receives Halo order from Brazilian UAV services provider

  • Elsight (ELS) receives its first order from leading Brazil-based comprehensive UAV services provider, Speedbird Aero, for its Halo solution
  • The Halo solution gives Speedbird a reliable and uninterrupted bonded connectivity solution, ensuring the ability to control drones beyond the visual line of sight (BVLOS)
  • The company CEO Yoav Amitai says the company is delighted to partner with Speedbird as they leverage Elsi ght’s Halo’s connectivity solution
  • The contract has a minimum value of US$72,000 (A$106,000) for 2022 and expires at the end of 2023 with an option to extend further
  • Shares in the company are up 1.37 per cent, trading at 37 cents as of 1:23 pm AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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