High Lander existing client and ELS both get mentioned .
Boda, a South Korean startup based in the southwestern city of Gwangju, has licenses to sell the drone technology and software of three Israeli companies -- High Lander, ATI and Elsight -- in East Asia, including South Korea and Japan. "High Lander is one of the top five aerospace control service companies in the world. Israel's military also uses the company's service," said Tom Kim, CEO of Boda. "Many companies and government agencies showed their interest in the service," including South Korea's navy, army and marine corps, he added. ATI provides services in vertiport infrastructure, training, regulation and consulting, while Elsight offers network and communication devices for drones. Israel is one of the largest operators of drones in the Middle East, and the country is net exporter of the technology, according to the U.K.'s Royal United Services Institute.
ELS Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)