Elsight has now started its halo commercialisation journey which looks like it will have rapid take up over coming months.
Once the first drone deals drop which are probably just waiting on the different certifications as all trials have been successful then the current price will be a distant memory. It appears that for a commercial drone delivery service to be successful it has to be able to operate out of the line of sight. Halo seems to be the only current solution and will be first in market.
I can imagine Elsight will quickly appear on the radar of much larger companies and some and M & A action is highly possible.
After a frustrating few years it is definitely not the time to sell.
This is a buy on the dips.
Ann: Largest HALO order to date with US customer, page-45
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