Elsight Overview
Elsight enables UAVs and ground systems to operate Beyond Visual Line of Sight (BVLOS) and Non-Line of Sight (NLOS) missions with reliable connectivity. Its Halo platform uses proprietary bonding technology to ensure secure, high-bandwidth data transmission over existing communication networks. Halo supports regulatory certification for BVLOS operations and enhances mission success in law enforcement, defense, logistics, surveillance, and inspection. With a compact SWaP design, it integrates seamlessly into UAVs and UGVs, providing high security, low latency, and operational safety while enabling real-time critical data transmission.
Cumulative Funding Raised Over Time ($)
$8.3MDec 2020
$8.3MJan 2011
$10.2MJan 2020
$49.2MJul 2025
$56.3MMar 2018
Latest News
growth-positive
Why Elsight (ASX:ELS) Is Up 13.8% After Achieving Record Revenue and First-Ever Profitability
Elsight reported record-high quarterly revenue and achieved profitability for the first time in its history during its Q3 2025 earnings call. The companys growth in both defense and commercial segments, along with increased visibility from ASX index inclusion, contributed to this milestone. This profitability is seen as a potential turning point, with expectations of ongoing profit and strengthened demand for its solutions in unmanned systems. However, concerns about financial sustainability, equity dilution, and valuation premium remain. Despite these risks, Elsights shares are rising, although there are differing views on its fair value. The companys recent success is a catalyst for future growth, but maintaining profitability is crucial to sustaining investor confidence.
CustomersInvestment
growth-positive
ASX Growth Stocks With 41% Earnings Surge
Metal Powder Works Limited, a company specializing in producing metal powders for additive manufacturing, is experiencing positive growth prospects. Despite current unprofitability and negative equity, the company is forecasted to achieve a significant revenue increase of 59.9% annually. This growth is supported by a recent A$15 million equity offering aimed at expansion efforts. Additionally, the companys innovative DirectPowderTM unit has secured a contract with the U.S. Navy, which could further boost future revenues. The company has high insider ownership and has been included in the S&P/ASX All Ordinaries and Emerging Companies Indexes, highlighting its market recognition.
CustomersInvestment
growth-positive
Elsight (ASX:ELS) Valuation Spotlight Following Inclusion in S&P/ASX Indexes
Elsight has been added to the S&P/ASX Emerging Companies Index and the S&P/ASX All Ordinaries Index, which could lead to increased investor attention and market participation. The companys share price has risen by 4.7% this year, and its 1-year total shareholder return is nearly 4%. Despite being unprofitable, Elsight trades at a high price-to-book ratio of 169.5x, indicating high investor expectations for future growth. However, a DCF model suggests Elsight is undervalued by 60.6% compared to its estimated fair value, challenging the high valuation implied by its price-to-book ratio.
growth-positive
Elsight First Half 2025 Earnings: US$0.004 loss per share (vs US$0.011 loss in 1H 2024)
Elsight reported its financial results for the first half of 2025, showing significant revenue growth of 344% compared to the first half of 2024, reaching US$4.85 million. The net loss also narrowed by 55% to US$761.1k. Despite these positive financial indicators, Elsights shares have decreased by 15% over the past week. The article highlights the potential impact of AI on healthcare, mentioning that Elsight is among 20 stocks under $10 billion in market cap that are involved in early diagnostics and drug discovery. The article is general in nature and does not constitute financial advice.
growth-negative
Elsight Limited's (ASX:ELS) last week's 18% decline must have disappointed retail investors who have a significant stake
The article discusses the ownership structure of Elsight Limited, highlighting that retail investors hold the majority stake at 53%, while insiders own 21%. The companys market cap recently dropped to AU$265 million, impacting retail investors the most. Institutional investors also hold a significant stake, indicating some level of credibility in the investment community. However, the article cautions against relying solely on institutional validation, as changes in institutional sentiment can lead to rapid share price declines. Regal Partners Limited is noted as the largest shareholder with 13% ownership, followed by Macquarie Group, Ltd. with 7.2%, and Danny Hegglin with 5.1%.
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | $60.52M |
| Last funding | $39M |
| Stage | Public |
| Rounds | 7 |
| Investors | 2 |
Team Members
9
Employees: 11-50
Web & Social Links
| Website | www.elsight.com |
| Careers | Careers page |
Locations
Ariel Sharon Boulevard 3, Or Yehuda, Israel
Photos & Videos
3 item(s)
Elsight Business
Business models
B2B, B2G
Product stage
Released
Employees
11-50
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsUnmanned SystemsTarget Customer
Defense, Safety & SecuritySecurityHomeland SecurityNational SecurityMilitaryIndustrial ManufacturingHybrid IndustriesMiningAgriculture & FoodCropsEnergy, Utilities & Waste ManagementUtilitiesGas UtilitiesCommunication ServicesCable & SatelliteWireless & MobileBroadband Networks & NGNReal Estate & ConstructionConstructionCore Technology
Machinery & RoboticsDronesCommunicationsComponentsTags (15)
unmanned-aerial-systemsdual-usedronesautonomous-vehiclesunmanned-ground-vehiclelaw-enforcementmobile-applicationstelecommunicationwireless-communicationconnectivitybroadbandtelecommunication-equipmentmilitarydefensehomeland-securitySolutions
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Use Cases
Interrupted C2 Connectivity for UAVs and UGVsGeographic Markets
South AmericaIsraelNorth AmericaAsiaEuropeElsight Financials
$60.52M
Total funding
Undisclosed
Capital raised
$39M
Last funding
Public
Funding stage
7
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$8.3MDec 2020
$8.3MJan 2011
$10.2MJan 2020
$49.2MJul 2025
$56.3MMar 2018
Private Equity Funding
PIPE
Jul 2025
$39M
PIPE
Dec 2020
$8.3M
Undisclosed Investor(s)
PIPE
Jan 2020
$1.9M
Undisclosed Investor(s)
PIPE
Mar 2018
$7.06M
Undisclosed Investor(s)
Seed
Jan 2011
Undisclosed
Jade Ventures
Non-Equity Funding
GrantEvent
Jan 2023
$450K
Israel Innovation Authority
Public Offering / Exit
POEvent
Jun 2017
Undisclosed
Elsight Lifecycle
Cumulative Funding Raised Over Time
$8.3MDec 2020
$8.3MJan 2011
$10.2MJan 2020
$49.2MJul 2025
$56.3MMar 2018
All Events
PIPE
Jul 2025
$39M
PIPE
Dec 2020
$8.3M
Undisclosed Investor(s)
PIPE
Jan 2020
$1.9M
Undisclosed Investor(s)
PIPE
Mar 2018
$7.06M
Undisclosed Investor(s)
Seed
Jan 2011
Undisclosed
Jade Ventures
GrantEvent
Jan 2023
$450K
Israel Innovation Authority
POEvent
Jun 2017
Undisclosed
Elsight News
36 articles
growth-positive
Why Elsight (ASX:ELS) Is Up 13.8% After Achieving Record Revenue and First-Ever Profitability
Elsight reported record-high quarterly revenue and achieved profitability for the first time in its history during its Q3 2025 earnings call. The companys growth in both defense and commercial segments, along with increased visibility from ASX index inclusion, contributed to this milestone. This profitability is seen as a potential turning point, with expectations of ongoing profit and strengthened demand for its solutions in unmanned systems. However, concerns about financial sustainability, equity dilution, and valuation premium remain. Despite these risks, Elsights shares are rising, although there are differing views on its fair value. The companys recent success is a catalyst for future growth, but maintaining profitability is crucial to sustaining investor confidence.
CustomersInvestment
growth-positive
ASX Growth Stocks With 41% Earnings Surge
Metal Powder Works Limited, a company specializing in producing metal powders for additive manufacturing, is experiencing positive growth prospects. Despite current unprofitability and negative equity, the company is forecasted to achieve a significant revenue increase of 59.9% annually. This growth is supported by a recent A$15 million equity offering aimed at expansion efforts. Additionally, the companys innovative DirectPowderTM unit has secured a contract with the U.S. Navy, which could further boost future revenues. The company has high insider ownership and has been included in the S&P/ASX All Ordinaries and Emerging Companies Indexes, highlighting its market recognition.
CustomersInvestment
growth-positive
Elsight (ASX:ELS) Valuation Spotlight Following Inclusion in S&P/ASX Indexes
Elsight has been added to the S&P/ASX Emerging Companies Index and the S&P/ASX All Ordinaries Index, which could lead to increased investor attention and market participation. The companys share price has risen by 4.7% this year, and its 1-year total shareholder return is nearly 4%. Despite being unprofitable, Elsight trades at a high price-to-book ratio of 169.5x, indicating high investor expectations for future growth. However, a DCF model suggests Elsight is undervalued by 60.6% compared to its estimated fair value, challenging the high valuation implied by its price-to-book ratio.
growth-positive
Elsight First Half 2025 Earnings: US$0.004 loss per share (vs US$0.011 loss in 1H 2024)
Elsight reported its financial results for the first half of 2025, showing significant revenue growth of 344% compared to the first half of 2024, reaching US$4.85 million. The net loss also narrowed by 55% to US$761.1k. Despite these positive financial indicators, Elsights shares have decreased by 15% over the past week. The article highlights the potential impact of AI on healthcare, mentioning that Elsight is among 20 stocks under $10 billion in market cap that are involved in early diagnostics and drug discovery. The article is general in nature and does not constitute financial advice.
growth-negative
Elsight Limited's (ASX:ELS) last week's 18% decline must have disappointed retail investors who have a significant stake
The article discusses the ownership structure of Elsight Limited, highlighting that retail investors hold the majority stake at 53%, while insiders own 21%. The companys market cap recently dropped to AU$265 million, impacting retail investors the most. Institutional investors also hold a significant stake, indicating some level of credibility in the investment community. However, the article cautions against relying solely on institutional validation, as changes in institutional sentiment can lead to rapid share price declines. Regal Partners Limited is noted as the largest shareholder with 13% ownership, followed by Macquarie Group, Ltd. with 7.2%, and Danny Hegglin with 5.1%.
growth-positive
The 17% return this week takes Elsight's (ASX:ELS) shareholders five-year gains to 116%
Elsight Limited (ASX:ELS) has experienced significant growth, with its share price increasing by 111% over five years and 82% in the last quarter. Despite not making a profit in the last twelve months, the company has seen a steady revenue growth of 10% per year over the past five years. This growth is reflected in the companys total shareholder return (TSR) of 116%, which exceeds its share price return, suggesting additional value creation for shareholders. The positive market sentiment and recent improvements in TSR indicate that the business is improving over time.
growth-negative
Elsight Full Year 2024 Earnings: US$0.026 loss per share (vs US$0.025 loss in FY 2023)
The article discusses Elsights financial performance, highlighting a 32% increase in revenue to US$2.03 million for FY 2023. However, the companys net loss widened by 5.1% to US$3.87 million, with a loss per share deteriorating from US$0.025 to US$0.026. Elsights shares have decreased by 5.3% over the past week. The article, published by Simply Wall St, provides a general analysis based on historical data and analyst forecasts, noting four warning signs in Elsights investment analysis. It emphasizes that the analysis is not financial advice and does not consider individual financial situations.
growth-positive
Elsight's Robust Connectivity Empowers Phoenix Air Unmanned's Successful 320-Mile Pipeline Patrol for Shell Pipeline
Elsight, a leader in connectivity for unmanned and autonomous systems, played a crucial role in a successful 320-mile aerial pipeline patrol mission conducted by Phoenix Air Unmanned (PAU) for Shell Pipeline Company. Utilizing Elsights Halo communication system, the mission achieved continuous connectivity and data transmission, enabling precise data collection and remote UAV control. This accomplishment demonstrates the effectiveness of UAVs in long-distance inspections and highlights Elsights innovative communication technology. The partnership with PAU showcases Elsights capability in supporting complex UAV operations, contributing to the advancement of the UAV industry.
Partners
growth-positive
/PRNewswire/ -- Elsight (ASX: ELS), the market leader in connectivity for unmanned and autonomous systems, announced its pivotal role in the Phoenix Air...
Elsight, a leader in connectivity for unmanned and autonomous systems, played a crucial role in a successful 320-mile aerial pipeline patrol mission conducted by Phoenix Air Unmanned (PAU) for Shell Pipeline Company. Using Elsights Halo communications system, the mission demonstrated the capability of unmanned aircraft systems (UAS) to perform beyond visible line-of-sight (BVLOS) operations with continuous data transmission. The achievement highlights Elsights innovative wireless dispersion technology, which ensures reliable connectivity even in challenging environments. This success marks a significant milestone in UAV operations, showcasing the potential for scaling operations and obtaining regulatory approvals.
growth-positive
"WAZE" for UAV (Unmanned Aerial Vehicle) flights: Elsight (ASX: ELS) introduces HeatSight, a cellular coverage mapping tool at drone-flying altitudes
Elsight, a leader in connectivity for unmanned and autonomous systems, has launched HeatSight, a signal strength mapping tool designed to optimize UAV flight paths by providing reliable data on cellular coverage. HeatSight is integrated with Elsights AllSight management platform and offers time-aggregated and altitude-based heatmaps to enhance UAV flight safety and efficiency. The tool leverages Elsights BVLOS Halo connectivity technology to record RF parameters, enabling UAV operators to adjust flight paths based on cellular signal strength. This innovation is expected to simplify regulatory compliance and potentially generate revenue for mobile operators serving the UAV industry.
Product StageCustomers
growth-positive
tukom and Elsight partner to bring battlefield-proven portable communications to the DACH region
Elsight has announced a strategic partnership with tukom to enhance its presence in the DACH region by providing battlefield-proven, portable wireless communications optimized for UAVs and UGVs. Elsights Halo platform aggregates multiple communication channels to ensure secure and uninterrupted connectivity in challenging environments. This partnership leverages tukoms expertise in military-grade telemetry communications to penetrate the DACH market effectively. Both companies aim to address the evolving needs of defense communications, with tukom providing sales, service, training, and consulting for military-grade platforms. This collaboration is seen as a strategic move to expand Elsights footprint in the region.
Partners
growth-positive
/PRNewswire/ -- tukom and Elsight (ASX:ELS) today announced a partnership to bring battlefield-proven, portable wireless communications to the DACH region...
Elsight has partnered with tukom to bring its unmanned connectivity platform, Halo, to the DACH region. This partnership aims to enhance battlefield communications for UAVs and UGVs by aggregating multiple IP links from public and private channels. The collaboration is strategic for both companies, with tukom leveraging its expertise in military-grade telemetry communications to penetrate the DACH market. Elsights Halo system is known for its reliability and secure communication capabilities, making it ideal for challenging environments. This partnership is expected to expand Elsights market reach and provide innovative connectivity solutions in the defense sector.
Partners
growth-positive
Elsight, the leader in UAV & UGV connectivity, wins the Australian Financial Review Customer Champions Award
Elsight, a leader in connectivity solutions for unmanned and autonomous vehicles, has been recognized as the Best B2B Business in 2024 by The Australian Financial Review Customer Champion Awards. This accolade highlights Elsights commitment to delivering exceptional customer value and experiences, contributing to revenue growth and shareholder value. The companys Halo platform provides robust connectivity for drone operators, enabling efficient BVLOS missions. Elsight partners with drone manufacturers and operators, including DroneUp, which serves Walmart, to integrate its technology into their designs. This recognition caps a year of significant achievements, including expansion into military and first responder markets. Elsights CEO, Yoav Amitai, credits the companys success to its value proposition and ability to meet regulatory and customer needs in the UAV/UGV market.
CustomersPartners
growth-positive
/PRNewswire/ -- Elsight (ASX: ELS), the market leader in connectivity for unmanned and autonomous aerial and ground vehicles (UAVs, UGVs) has been recognized...
Elsight, a leader in connectivity solutions for unmanned and autonomous vehicles, has been recognized as the Best B2B Business in 2024 by The Australian Financial Review Customer Champion Awards. This accolade highlights Elsights commitment to delivering exceptional customer value and experiences, which has contributed to its revenue and shareholder growth. The companys Halo platform provides robust connectivity for drones, enabling efficient beyond visual line of sight (BVLOS) missions. Elsight partners with drone manufacturers and operators, including DroneUp, which serves Walmart, to integrate its technology into their designs. The recognition caps a year of significant achievements for Elsight, as it expands its services to military and first responder markets globally.
CustomersPartners
growth-positive
Elsight Launches the DroneCommX™, an Aftermarket Kit for DJI's Matrice 30 and 350 Drones
Elsight, a leader in connectivity for unmanned and autonomous systems, has launched DroneCommX™, an aftermarket upgrade kit for DJIs Matrice 30 and 350 drones. This kit enhances the functionality and security of these drones, which are widely used in public safety, law enforcement, and emergency management. DroneCommX allows for non-line-of-sight (NLOS) missions and reroutes communications through a multi-link LTE solution for better data security. The product aims to improve the effectiveness of first responder teams by enabling remote operation from command centers. Elsights CEO, Yoav Amitai, highlighted the benefits of this new product in enhancing tactical decision-making for first responders.
CustomersPartners
growth-positive
Elsight First Half 2024 Earnings: US$0.011 loss per share (vs US$0.013 loss in 1H 2023)
Elsight (ASX:ELS) reported its financial results for the first half of 2024, showing significant improvements. Revenue increased by 83% to US$1.09 million compared to the first half of 2023. The net loss narrowed by 12% to US$1.71 million, and the loss per share improved from US$0.013 to US$0.011. Elsights shares have risen by 16% over the past week. However, the article also mentions that there are six warning signs for Elsight, three of which are potentially serious. The analysis provided is based on historical data and analyst forecasts.
growth-positive
Event 38 Unmanned Systems Teams Up with AviSight in Selecting Elsight's BVLOS Connectivity Solution to Achieve Precise Data Collection in its Oil & Gas Pipeline Inspections over Difficult Terrain
Event 38, AviSight, and Elsight have announced a partnership to use Elsights Halo, an AI-based UAV connectivity solution, for beyond visual-line-of-sight (BVLOS) inspections in oil and gas pipeline inspections. The Halo system aggregates multiple IP links to a secure bond using various technologies, ensuring uninterrupted drone communications. AviSights CEO, Suzanne Herring, highlighted the importance of reliable connectivity for their BVLOS missions. Event 38s E455 drone, equipped with the Elsight Halo, will be used for extensive linear inspections.
PartnersCustomers
growth-positive
Elsight (ASX:ELS) shareholder returns have been respectable, earning 75% in 1 year
Elsight Limiteds share price has increased by 75% in the past year, significantly outperforming the market return of around 9.5%. Despite this, the stock has only risen by 22% in three years. The company, which is currently not profitable, has seen its revenue grow by 87% in the last twelve months. This strong revenue growth has not fully reflected in the share price, suggesting that now might be a good time to invest in Elsight. However, potential investors should be aware of the 5 warning signs spotted for Elsight, 3 of which are potentially serious.
Investment
growth-positive
Elsight Enhances the Indago 4 Uncrewed Aerial System with Robust and Beyond Visual Line-of-Sight (BVLOS) Communications
Elsights Halo connectivity platform has been integrated with Lockheed Martins Indago 4 Uncrewed Aerial System (UAS) to complete beyond visual line-of-sight (BVLOS) flights with enhanced capabilities and expanded operational reach. The integration of Elsights Halo, a highly reliable communication system, enhances the Indago 4s wireless dispersion capabilities for maintaining robust communication links across varying terrains, obstacles, and distances with ensured uninterrupted data flow such as real-time video feeds or critical telemetry data.
Partners
growth-positive
Robotican & Elsight Announce Partnership for Optimized Beyond the Visual Line of Sight (BVLOS) Counter UAS Missions
Robotican, an autonomous robotics and drone innovator, has partnered with Elsight Ltd, a leader in uncrewed system connectivity solutions. The partnership aims to optimize connectivity in Beyond Visual Line of Sight (BVLOS) counter Unmanned Aerial System (UAS) military and defense missions. Roboticans Goshawk, a fully autonomous drone, will be optimized by Elsights Halo, a platform for robust, secured connectivity using multi-link bonded communications. The partnership will enhance the detect, react, and eliminate process by improving situational awareness.
Partners
growth-positive
Beyond the Line of Sight: The Company That Is Redefining the Internet of Drones
Unmanned aerial vehicles (UAVs) have been making headlines in recent years. Elsight, an Israeli start-up that transformed the world of drones with its civilian connectivity solution, is now also being discovered by the defense industry.
Elsight, a company that provides technological tools for unmanned aerial vehicles (UAVs), has shifted its focus from real-time video streaming solutions to developing advanced communication systems for the UAV market. The companys communication module, Halo, aggregates cellular networks, non-cellular technologies, and satellite communications to create a robust and secure channel. Elsights clients are spread globally and include drone manufacturers and service providers. The company has seen a surge in demand from the defense establishment, but its main focus remains on the civilian UAV market.
CustomersExpand
Growth-Positive
Elsight Full Year 2023 Earnings: US$0.024 loss per share (vs US$0.03 loss in FY 2022)
Elsight has released its full year results for 2023, showing a revenue of US$1.54m, an increase of 87% from the previous year. The companys net loss was US$3.68m, a decrease of 14% from FY 2022. The loss per share also improved, from US$0.03 in FY 2022 to US$0.024 in FY 2023. Despite these positive results, Elsights shares are down 1.4% from a week ago. The article also mentions that there are 5 warning signs for Elsight, 3 of which are particularly concerning.
growth-positive
Elsight Full Year 2023 Earnings: US$0.024 loss per share (vs US$0.03 loss in FY 2022)
Elsight (ASX:ELS) reported its Full Year 2023 financial results, showing significant growth in revenue to US$1.54 million, an 87% increase from FY 2022. The net loss narrowed by 14% to US$3.68 million, with a loss per share improving from US$0.03 to US$0.024. Despite these positive financial indicators, Elsight shares have declined by 1.4% over the past week. The article also mentions that there are five warning signs for Elsight, three of which are concerning. The analysis provided is based on historical data and analyst forecasts, and does not constitute financial advice.
growth-positive
Elsight's Halo to aid Australia's drone boom, says new report
Elsight, a company specialising in the production of communication systems for drones, is set to play a vital role in addressing this concern. Their products, ranging from chips to satellite and radio links, are designed to maintain consistent connectivity, making the system an excellent fit for managing escalating drone air traffic.
Elsight, a company specialising in communication systems for drones, is set to play a crucial role in managing the anticipated surge in drone flights in Australia, from 1.5 million to 60 million by 2043. The companys Halo communications system is designed to maintain consistent connectivity, facilitating uncrewed aerial systems (UAS) to safely fly beyond the visual line of sight (BVLOS). The system reduces the number of personnel required for unmanned traffic management systems, thereby facilitating scalability in the industry. Elsights CEO, Yoav Amitai, emphasised the importance of both safety and cost-effectiveness in the growth of the UAS industry.
Expand
Walmart's drones take a multi-carrier approach to 5G
A Walmart representative confirmed that the company's drone fleet can be upgraded to 5G, and that the company's drone vendor, DroneUp, uses technology from Elsight to connect to multiple cellular networks.
growth-positive
Elsight unveils its Worldwide Halo drone communications platform
Elsight Ltd, an ASX-listed company, has launched a global version of its Halo drone communications system, allowing operators to fly drones worldwide without changing equipment for different cellular systems. This innovation is expected to advance the drone industry by improving efficiency and reducing costs. The new Halo modem supports universal SIM cards, enabling seamless operations across continents, which benefits Elsights supply chain and reduces production costs. The system maintains low weight, power, and size for optimized portability. The release is seen as a significant step forward in drone connectivity, with the potential to enhance productivity and operational flexibility for drone operators globally.
Product StageCustomers
growth-positive
Elsight unveils its Worldwide Halo drone communications platform
Elsight Ltd has launched a worldwide version of its Halo drone communications system, enabling drone operators to fly anywhere in the world without needing to change equipment for different cellular systems. The new modem also allows the use of a universal SIM card, potentially enabling Australian drone companies to operate globally using the same modems. The increased use of universal SIM cards is expected to expedite Elsights supply chain and reduce production costs. The company has also reported a significant increase in Halo orders, with more than $US350,000 in orders from new and existing partners.
CustomersExpand
growth-positive
Elsight wins strategic Israeli Police and government drone tender - TechInvest Magazine Online
Elsight, a global leader in drone connectivity solutions, has won a multi-year public tender to supply the Israeli Police and other government departments with Communication On-The-Move (COTM) solutions. The tender will make Elsights Halo connectivity platform available to various units such as the Israeli Border Patrol, Israeli Police Drone Unit, Israel Police K9 unit, and Israeli Police SWAT Team. The tender is expected to increase the number of Halo units ordered each year by the Israeli Police and other departments under Israel’s Ministry of National Security.
CustomersPartnersExpand
growth-positive
Elsight selected by the Israel Innovation Authority for a US$450K grant - elsight
Israels National Drone Initiative is entering its second phase, with an investment of sixty million NIS in 10 companies. The pilot project, a collaboration between the Israel Innovation Authority, Ayalon Highways, the Ministry of Transportation, and Civil Aviation Authority, will test the capabilities of large cargo and passenger-carrying drones over a two-year period. The companies selected for this phase include Airwayz Drones Ltd., T. Aerial Solutions Ltd., Elsight, AGL, ATI (Air Taxi Israel), Brook, Down Wind, High-Lander, Cando Drones, and Robotican. The initiative aims to improve congestion in Israel by using drones for passenger transportation.
InvestmentPartners
growth-positive
Elsight raises $8.3M for its reliable, secure, certifiable BVLOS connectivity technology - UASweekly.com
Elsight has completed a funding round, raising $8.3M to support its growth in sales and marketing activities and ongoing product development. The funding will help Elsight become a leading partner for UAS companies seeking connectivity solutions for commercial beyond visual line of sight flights. The company aims to assist platform manufacturers in shortening their time to market and certifying their platforms for commercial BVLOS operations. Elsights latest product offering, Halo, provides reliable connectivity for UAVs and UGVs, allowing real-time data streaming from unmanned platforms anywhere in the world. The funding will be used to expand sales and marketing efforts and further develop Halo capabilities. Elsight has already established itself as a key player in the unmanned market and aims to dominate the market for commercial BVLOS operations.
InvestmentExpand
growth-positive
Elsight (ASX:ELS) expands partnership with IAI for Halo units
Israel Aerospace Industries has placed a purchase order for 50 of Elsight’s Halo communication units. The purchase follows a proof of concept field trial and the units will be used for robotics and unmanned vehicles. Elsight is up 7.5% at market close.
Partners
growth-positive
Elsight unleashes next-generation Halo communication platform for the IoT age
Elsight has launched its new 5G-ready Halo communication platform at the MWC19 Barcelona exhibition. The platform offers real-time data transmission over cellular networks in mission-critical environments. Elsights Halo platform aims to solve the increasing need for bandwidth to handle more data, video, and audio. It operates over multiple IP links and provides easy integration within any IoT device. The platform is equipped with compact bonding technology for always-on connectivity. Elsight highlights the platforms multiple cellular modules, built-in Wi-Fi, internal battery, and miniature form factor as key benefits. The Halo platform is expected to be an ideal fit for OEMs and can be integrated into fleets, autonomous vehicles, handheld devices, and small drones.
Partners
Elsight wins initial order from key agency in the Israeli defence establishment
https://www.proactiveinvestors.com.au/companies/news/192027/elsight-launches-360-degree-video-safety-system-for-vehicles-192027.html
growth-positive
Australia discovers Elsight
Israeli technology company Elsight has seen its share price quadruple on the Australian Stock Exchange. Elsight, founded in 2009, developed a secure system for real-time transmission of information. The company has expanded beyond defense and security markets and is now targeting drones, broadcasting and television, and autonomous vehicles. The potential for secure communication in autonomous vehicles has particularly excited investors. Elsight is not yet profitable but is growing and taking on workers. The companys share price increase is attributed to its mature technology and the demand for solutions in various markets.
Public TradingExpand
growth-positive
Israeli encrypted communications start-up Elsight heads for the ASX
Elsight, an Israeli technology company, has listed on the Australian Securities Exchange (ASX) to expand its reach and raise capital for research and development. The companys technology allows for secure transmission of video and data streams over multiple networks simultaneously. Elsight had previously been restricted from selling internationally due to Israeli government regulations on the export of high-tech military products. However, the company shifted its focus to civil products and obtained an exemption to the export limitations. The listing will support Elsights expansion into industries such as logistics, transport, and media. The companys technology has applications in journalism, autonomous vehicles, and other sectors requiring high bandwidth and secure communication.
CustomersExpand
Elsight Team
Dima Gershstein
Director of Engineering
Employee Info
| Employees (range) | 11-50 |
| Exact count | 34 |
| Team members | 9 |
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Elsight Internal
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Admin Info
| Confidence | 92/100 |
| Missing | markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514242981 |
| Crunchbase | elsight |
| Phone | 0777515600 |
| Last updater | Ayelet Levi Shinebox |
| Updater email | ayeletlevis@sncentral.org |
| Last update | 2024-05-23T00:00:00.000Z |
| Created | 2014-11-16T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Public on ASX on Jun, 2017; |