Elsight Ltd (ELS.AU) experienced a significant price surge, soaring 9.64% during intraday trading on Friday.
The sharp increase follows the company's announcement that it secured a follow-on purchase order worth approximately $2 million from a U.S.-based commercial customer in the public safety sector. This repeat order significantly exceeds the initial $460,000 purchase order received in January 2026.
The company stated that the substantial follow-on order reflects the customer's validation of Elsight's Halo platform, signaling strong business momentum and growing demand for its solutions.