quarterly, page-5

From the report

" The Company’s management sees this trend continuing and expanding in 2024, and in parallel to its current efforts, is looking to leverage our success in a wide range of new use cases by applying them globally with other military forces"

What are the chances this expansion includes the US military? They may be successful to include them as a new customer, but I doubt we will here specific names mentioned.
New use cases are providing more feathers in the cap, and who knows how large these sectors will become? Very promising to see the company continually expanding beyond Drone comms

Page 3 report detail

"As the market continues to mature and the rate of adoption grows, the impact of the increasing recurring revenues will become more and more material. The growth came from both existing as well as new customers, some of whom are in the defence sector"

Good to see government entity providing recurring revenue!


Elsight's Allsight link for anyone interested

https://www.elsight.com/products/allsight-drone-cloud-management-platform/


Cheers