BUZZ-Australia-listed Elsight rises to 7-1/2-year peak on European contract expansion

Reuters

06/04

BUZZ-Australia-listed Elsight rises to 7-1/2-year peak on European contract expansion

** Shares of ASX-listed Elsight ELS.AX rise 9.7% to A$0.96, their highest levels since January 31, 2018

** The Israel-based communication technology developer signs a $5.08 million contract with its existing Europe-based defence OEM customer

** Under the contract, co to supply additional Halo units, a connectivity solution for autonomous systems, to be delivered in 2025

** Including current session's moves, Elsight stock up 160.8%, YTD

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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