We're pleased to forward Elsight Ltd's (ASX: ELS) announcement yesterday that Halo is finally ready for commercial deployment, with 90 units en route to a select group of strategic customers.
We're pleased to share with you this morning's announcement that Elsight has received its first order for Halo. Halo will be released to several large qualified organisations in December 2019. But Elsight is excited to have received this order from Airobotics. Airobotics is the world's leading unmanned drone operator and this order is great validation and an excellent precursor to Halo's imminent launch.
We’re pleased to report that today Elsight Limited (ASX: “ELS”) announced that key shareholders have entered into a voluntary escrow agreement for 44m unrestricted ELS shares, being 46% of Elsight's issued capital. As per the price chart below, the announcement in May of 50% of the market cap being released from escrow caused a fall from 70c to 35c! Today’s announcement saw a 10% rise to 40c.
We are pleased to share today's article covering Elsight (ASX: ELS) on Stockhead: https://stockhead.com.au/tech/global-manufacturers-are-getting-excited-for-halo/
We’re pleased to share Elsight’s announcement today, confirming:
- the existing product range grew at 100% in Q1 v prior year; and
- the Halo product has been exceptionally well received by Tier 1 manufacturers (OEMs) around the world. These OEMs include manufacturers of drones, cars, tablets and security cameras.
Elsight followed up its successful launch of Halo at Mobile World Congress in Barcelona with a great response from organisations at the Milipol (Military / Police) conference in Singapore. It didn't hurt that the chair of the conference was Mr Khoo Boon Hui, the recent addition to Elsight's Advisory Board.
Please click here for today’s announcement.
Also click here for an article published in Stockhead today.
Gleneagle Securities is pleased to advise that we will start to provide our Blog subscribers with access to exclusive investor presentations. Our first video conference is with Henry Charrabé (CEO of Fluence Corporation, FLC.ASX) on Tuesday 19th March at 8:45am.
Further to Monday's announcement of the $500,000 purchase order for telemedicine solutions, please click on the video link below to see the newly launched solution in France. The telemedicine case includes a high resolution video camera, wireless stethoscope, screen and Elsight's multichannel device providing real time transmission of video and data to the hospital or panel of doctors for immediate remote medical assistance in real time. This empowers the mobile and extensive (in number and geography) firefighting network to follow doctors' directions to save lives. The intention is to roll this solution out globally:
We're pleased to share today's announcement that Mick Keelty has joined the Board of Elsight as Deputy Chairman.
We're pleased to share today's ASX announcement that ELS received its first large order from its French-based partner, Alrena, in the new Telemedicine vertical.
Thanks to the good offices of Nadaisan Logaraj, recently appointed Director of Elsight (proudly introduced by Gleneagle!), Elsight announced today that Mr Khoo Boon Hui has joined Mr Ami Sagis on Elsight’s newly formed Advisory Board. He is currently an Advisor to INTERPOL and holds advisory and board positions in Banking, Healthcare, Defence, Security and Philanthropy as well as on Singapore’s National Cybersecurity R&D Programme International Advisory Panel and the Global Commission for the Stability of Cyberspace.