Australia's Elsight hits record high on first Aura devices delivery, US expansion plans

Elsight

02/01/2026 02:32

** 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;))