'In May, Elsight won a strategic, multi-year public tender to supply Israeli Police and other Israeli government departments with solutions for Communication On-The-Move (COTM).
Elsight has been collaborating with various units within the Israeli Police, such as Border Patrol, the SWAT Team and the Drone Unit, for several years. After extensive testing, the Israeli Police ordered and implemented the use of dozens of Halo units in 2022 for forces in the field, with that number now expected to grow significantly in 2023, 2024 and beyond following this tender win.
Towards the end of the quarter, the Company received an order from the Israeli government, which is separate to the tender mentioned above'
Given recent events, can we expect more news on this front, that being demand beyond previous expectations?
ELS Price at posting:
37.5¢ Sentiment: None Disclosure: Held
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