We're pleased to share today's ASX announcement that ELS has launched its revolutionary chip, called "Halo" . Elsight unveiled Halo today at the largest mobile expo: Mobile World Congress in Barcelona.
Halo cements Elsight's position as the leader in Communications on the Move. Halo now enables real-time 4K quality video as a chip inserted into 2 key markets:
- UNMANNED vehicles such as drones, self-driving cars etc and
- VIDEO SURVEILLANCE, such as security cameras on buses, trains etc.
We are excited about the opportunities Halo provides Elsight in terms of signing OEMs (Original Equipment Manufacturers) currently supplying the above markets. We look forward to updating you with the response from the launch.
The completion of Halo has been a major focus for the company to-date and we are excited about the upcoming momentum now that its completed.
Please click here for today's ASX announcement.
Justin Rosenberg
Corporate Finance - Executive Director
Gleneagle Securities (Aust) Pty Limited
Level 27, 25 Bligh Street, Sydney NSW 2000
Ph: +612 8277 6683