Australia's Elsight rises on collaboration with Japanese drone maker
27/05/2024 03:13
** Shares of communication tech developer Elsight ELS.AX
rise as much as 6.85% to A$0.390, their highest since May 20
** Shares on track for best day since May 8, if current
gains hold
** Co says its AI-based connectivity platform Halo was
selected by Japanese drone manufacturer ACSL to strengthen its
drones' long-term evolution communications and overcome
obstacles in flying over Japan's mountainous terrain
** Stock down 3.95% this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
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