We at Gleneagle are pleased to advise that we have been appointed as Corporate Adviser to Elsight (ASX:ELS). We look forward to working with the Company to get the message out about Elsight's commanding position in the video on the move communications sector. Elsight is the only solution to distribute 4K resolution (ie broadcast quality) video over cellular networks ‘on the move’ with 0.5 second latency. The nearest competitor suffers 60 second latency.
We expect this sector to grow rapidly as organisations are finally able to use AI to process video streams from the field, in verticals such as Defence, Security, First Responders and Transport. The recent raising of US$600m for an AI Video start up indicates what's ahead.
Please click here to see today's announcement.
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Corporate Finance - Executive Director
Gleneagle Securities (Aust) Pty Limited
Level 27, 25 Bligh Street, Sydney NSW 2000
Mob: +61 414 450 154
Ph: +612 8277 6683 | Fax: +612 9475 0154