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- Israel Aerospace Industries has placed a purchase order for 50 of Elsight’s (ELS) Halo communication Units
- Israel Aerospace is Israel’s largest defence, aerospace, robotics and aviation manufacturer
- The purchase follows a proof of concept field trial and the units will be used for robotics and unmanned vehicles
- Elsight is up 7.5 per cent at market close, trading at 43 cents each
Israel Aerospace Industries (IAI) has placed a material purchase order for 50 of Elsight’s (ELS) Halo communication units.
The purchase follows a large-scale Proof-of-Concept (POC) field trial which focused on the integration of Halo into IAI subsidiary and group ELTA (IAI/ELTA)’s robotic and autonomous systems and unmanned vehicles.
Elsight develops advanced communication technologies for real-time data, video and audio transmissions over cellular networks in mission critical environments.
Israel Aerospace Industries is Israel’s largest defence, aerospace, robotics and aviation manufacturer.
CEO Nir Gabay said; “We are very excited by this opportunity to provide a strategic component that will improve and enhance IAI’s product offering”.
“Not only does this opportunity provide us with an ideal application to demonstrate the unique strengths of the Halo platform, it also gives us the chance to continue cultivating our relationship with an invaluable and strategic partner into the future,” he told the market.
Meir Shabtai, Head of Robotics and Autonomous Systems Division, IAI/ELTA, commented on the expansion, saying; “After conducting tests on Elsight’s products over the course of a number of months, we have concluded that Elsight offers unique solutions that simply do not exist elsewhere”.
“We at IAI/ELTA are thrilled to join forces with Elsight using their Halo device for our robotics and unmanned vehicles, and we intend to enhance the integration with Elsight’s communications solutions in an even wider range of our products moving forward,” he told the market.
Elsight is up 7.5 per cent at market close, trading at 43 cents each.
