BUZZ-Australia's Elsight gains on contract expansion

Reuters

05-29

BUZZ-Australia's Elsight gains on contract expansion

** Shares of Elsight ELS.AX gain as much as 8.9% to A$0.675, their largest intraday jump since May 14; last up 7.3%

** Communication tech developer expands supply agreement with Europe-based defence OEM customer by $5.35 mln for delivery through the end of 2025

** In April, the company signed $4.28 mln supply agreement to supply systems (Halo), a connectivity solution for autonomous systems, between April and July 2025

** Stock up 78.4% YTD, including current session's moves

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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