Ann: Elsight Receives Large-Scale Order from Alrena, page-10

A nice Christmas present would be a name and contract to follow up this announcement made on the 11th Jan 2018 :

Elsight Accelerates Entry into Autonomous Vehicle (Driverless Cars) Sector with Order from Major GlobalSystem Manufacturer and Supplier to the Automotive Industry.Highlights• New order for Elsight product in autonomous vehicle (cars) sector• Product evaluation and testing by major global player• Elsight is an active participant in Israeli government autonomous car projectTel Aviv — January 11, 2018 — Elsight Limited (ASX: “ELS”) Elsight is pleased to confirm that it has receiveda new purchase order from the autonomous cars industry. The order comes in the form of initial product forevaluation and testing from a leading industry supplier to car manufacturers. The Company believes thisdevelopment affirms the suitability of its technology for this exciting growth vertical and marks the beginningof significant activity in the sector to come.Elsight components deliver highly secured, two-way data, voice, and video communications in real-time,allowing for continuous data flow from the tested vehicle to the Command and Control development centrewith “always-on” reporting of vehicular activities while preventing hacking of critical systems and vehicletakeover.This is a brand-new capability in the testing arena, where it is estimated that each autonomous vehicle willcreate 4,000 gigabytes of visual information on a typical day's driving. Until now, tested vehicles would collectthis enormous amount of data on a 3-4 terabyte hard drive inside the car. Periodically, the storage disc wouldbe removed and brought to the Command and Control Centre, where it would be downloaded andtransferred to the engineers and programmers for further analysis. For the very first time, with “ElsightInside”, engineers and programmers can receive and use this data in real time.With Elsight’s technology, autonomous vehicle operators maximize vehicular control with a reducedhardware footprint to minimize costs. The solution delivers continuous and redundant high quality, two-wayaudio, video, data transmissions from remote locations, aggregating multiple cellular 4G/3G/ 5G and/or WiFi links to maximize bandwidth, with satellite backup to guarantee always-on connectivity. The vSIMcapabilities accelerate upgrades and remote changes.The high-speed communications channel ensures direct control of vehicular electronics at millisecondspeeds, allowing for immediate updates of road conditions, such as black ice, oil slicks, etc. Elsight’s systemcan also be used as the central hub of a visual transportation system with integration of up to eight cameraswithin a single device – all transmitting in less than 50 milliseconds.“This is only our first strategic step toward a major entry into the autonomous car market. This order comesto lock in an extensive first phase of testing with the multichannel which, upon its success has the potentialof becoming standard equipment in their entire fleet of autonomous vehicles currently being testedworldwide”, says Elsight CEO, Nir Gabay. “This development presents us with a chance to build a leadingpresence in this market once manufacturers use and validate our system during the current testing anddevelopment stage, as it guarantees continuous, secure connectivity, ensuring complete passenger safety.”Page 2 of 2Elsight’s technology has already been field-proven in life and death situations, as it originally began as arugged military product for soldiers in the field, delivering real-time secured video to command and controlfor immediate decision making.

Been patient enough.