- Elsight (ELS) receives a repeat ‘Halo’ order from a leading US-based complete drones services provider
- The company received the order from Air Methods’ subsidiary Spright, marking its second commercial order for Halo units received in the past 45 days
- The order consists of both upfront hardware revenue and recurring Elsight cloud and SLA revenues to provide reliable connectivity for Spright’s manned vehicles
- The order comes with a $121,000 price tag and is expected to be followed by further orders over the remainder of 2022
- Elsight shares are up 1.47 per cent, trading at 34.5 cents at 12:53 pm AEST
Elsight (ELS) has received a repeat ‘Halo’ order from a leading US-based complete drones services provider.
The company received the order from Air Methods’ subsidiary Spright, a drone division of the company with a focus on air medical services in North America to solve time sensitive challenges facing health services for communities across the US.
This is the second commercial order for Halo units received in the past 45 days from Spright, which falls under a five-year agreement. The order consists of both upfront hardware revenue and recurring Elsight cloud and SLA revenues to provide reliable connectivity for Spright’s manned vehicles.
The order comes with a US$85,000 price tag (around A$121,000) and is expected to be followed by further orders over the remainder of 2022 as they continue to expand their drone network in the US and in Europe.
“This repeat order from Spright confirms the compelling value of ‘Halo’ as the ultimate connectivity solution for our customers,” Elsight CEO Yoav Amitai said.
“We are delighted to continue this close partnership with Spright as they use the ‘Halo’ to provide an improved range of services for their customers.”
Elsight currently has more than 60 partners globally at various stages of development, ranging from the testing phase through to implementation and service launch.
Elsight shares were up 1.47 per cent, trading at 34.5 cents at 12:30 pm AEST.