ELS 3.01% 40.3¢ elsight limited

Solid announcement and is a lead indicator to whats ahead....

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  1. 7,857 Posts.
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    Solid announcement and is a lead indicator to whats ahead.

    Firstly the repeat order from we assume the UK Police so quickly after the first order shows that they are really impressed with the benefits. This will be a great reference point going forward for future sales by Traffilog

    Secondly, Traffilog is a well established worldwide business that needs to always be technologically ahead of the curve. Its extremely encouraging that they are now looking to integrate the Elsight platform into their own. Traffilog obviously believe that Elsights tech will keep them ahead of the competition and turbocharge their sales. This could represent huge revenues going forward for Elsight.

    This announcement also confirms the relevance of Elsight's tech to Mobileye.

    "Mobileye: The Most Trusted Name In Collision Avoidance"
 
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