ELS 5.49% 48.0¢ elsight limited

Dronelife, page-5

  1. 1,737 Posts.
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    I received a detailed reply to my email today. I won’t say from who within the company. Interesting.

    “Finally, like with the airline and aircraft industries, the initial market was too fragmented, causing industry consolidation.

    In one of the mega projects of drone parcel delivery in the US, there are more than 10 different companies who are providing elements of the total service.

    There is an agreement that many of the players will be swollen through M&As as the market would have to go through consolidation. This would open many opportunities for companies in this space to buy or being bought by others.

    This trend has not started yet but would be expected to take place once projects will start to become operational during 2022 and beyond. So, the opportunities are way beyond the obvious.”
 
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