BUZZ-Australia's Elsight hits record high on first Aura devices delivery, US expansion plans
Reuters
Jan 02
BUZZ-Australia's Elsight hits record high on first Aura devices delivery, US expansion plans
** Shares of Elsight ELS.AX rise 12.3% to a record high of A$3.46
** Defence technology provider posts biggest intraday pct jump since December 12
** Co delivers first batch of units of its communication devices called Aura to a leading defence contractor for a large project
** Says deal expands the co's forward order visibility into CY2026
** Says co expanding in the U.S. with the appointment of two senior sales and business development executives
** Says co has record backlog totalling $21.2 million for delivery between January and April 2026
** Stock jumped 732.4% in 2025
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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