Elsight (ASX:ELS) said it has been chosen as one of eight companies for the Northrop Grumman Technology Accelerator, a program delivered by US venture-builder FedTech, according to a Monday filing with the Australian bourse.
The program offers the company a chance to collaborate with defense contractor Northrop Grumman, providing mentorship, education, and business development support over 11 weeks, the filing said.
Shares were down 4% in afternoon trade on Monday.