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Elsight Secures US$9.63M Defence Deal, Eyes Profitability in 2025

1:23am on Monday 2nd of June, 2025 AEST Defence
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Elsight Secures US$9.63M Defence Deal, Eyes Profitability in 2025

1:23am on Monday 2nd of June, 2025 AEST
Key Points
  • Additional US$5.35M contract expands total 2025 orders to US$9.63M
  • Contracts expected to drive Elsight to profitability and cash flow break-even in 2025
  • More than US$1M revenue already recognised from initial deliveries
  • Production capacity supports up to US$70M annual sales without expansion
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