Industry leader in drone connectivity solutions Elsight (ASX:ELS) is repeating the ‘Halo’ order from a leading U.S-based complete drone manufacturer and services provider, Censys Technologies Corporation in the U.S.
The Censys order for further ‘Halo’ units is further validation of the company’s Design-Win strategy.
Additionally, this order aids Elsight’s focus on growing recurring revenue as the order encompasses upfront hardware revenue and the company’s recurring cloud services revenues.
“This repeat order required minimal to no intervention from our sales team, which validates our Design-Win strategy”
Elsight says the commercial value of this order during year 1 is USD$120,000. The company expects additional orders to be received from Censys as they grow their drone network.
Commenting on the additional Halo orders, Elsight Chief Executive Officer (CEO) Yoav Amitai said: “This order from Censys confirms the compelling and persistent value of Halo as the ultimate connectivity solution for Beyond Visual Line of Sight (BVLOS) drone operations.
This repeat order required minimal to no intervention from our sales team, which validates our Design-Win strategy and its enormous power as a growth engine for the company.
Elsight today has a substantial share of the drone market, and I firmly believe that the company is perfectly positioned to grow with our Design-Win partners as the industry continues to evolve and achieve broader commercial adoption.
The flexibility inherent in the industry-agnostic ‘Halo’ means the various use cases being fielded by Censys will all be supported.”
Elsight is an ASX-listed company, focused on delivering absolute connection with 24/7 confidence. The company’s proprietary bonding technology incorporates both software and hardware elements to deliver extremely reliable, secure, high bandwidth, real-time connectivity, – even in the most challenging areas for stationary, portable, or actively mobile situational requirements.
Censys is a U.S-based corporation which builds remote sensing solutions for drone service providers, enterprise organisations, and government entities.