The key takeaway from today is that thisorder is from the same European OEM, but a new supply agreement with additional newend clients . …” from themultiple defence end-users”
HALO …HALO… HALO ….Further expansion of the relationship with the European OEM is expected as long-termquantity requirements are finalised and new programs emerge
In parallel with the growing Halo demand, the OEM is actively evaluating additional Elsight products introduced beyond the core Halo offering. These newsolutions have the potential to deepen Elsight’s value within the customer’s ecosystem, while opening up newrevenue streams, not only with this OEM but across the broader Elsightpartners’ network.
Additional Elsightproducts ??? We have the new cellularcommunications product but possibly there is something else they have been developing,or they have been commissioned to develop now ???
Revenue wise for CY25 wedid around $1 Mio USD first quarter and these recent orders of $14.7 Mo USD andwe are at the halfway point for the year . So in AUD terms we are $24.5 AUD with 3 quarters of other business to reportand surely more orders like today to come in the second half of the year . Full year ??
Did I mention ?The new contract includes a significantup-front payment to support working capital and procurement needs.
How good is management …..tick… tick …. tick
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