Dear Shareholder,  

Recent global developments are creating powerful tailwinds for Elsight’s growth trajectory. From our pivotal role in Australia’s government-backed Pilbara drone resupply trials, to the U.S. push for AI-enabled BVLOS regulations, and the Pentagon’s upcoming “Amazon-for-drones” procurement platform, the landscape for advanced UAV connectivity has never been more promising. These milestones not only validate Elsight’s technology on the world stage but also open new pathways for accelerated adoption, expanded market access, and strengthened investor confidence.
Hope you enjoy. 

Best regards,

IR Team 
Elsight (ASX:ELS) 

Southern Co. taps SwissDrones for unmanned helicopter monitoring

Southern Company’s groundbreaking deployment of SwissDrones’ SDO 50 unmanned helicopters, enabled by a rare FAA exemption for beyond-visual-line-of-sight (BVLOS) operations, marks a pivotal shift in how utilities conduct infrastructure inspection: smarter, safer, greener, and more data‑intensive. This trend underscores the urgent need for robust, secure, high-bandwidth connectivity systems that can reliably transmit inspection data in real time. That’s precisely where Elsight’s Halo stands out. This deployment is another market validation, while pointing to accelerated demand as more utilities follow Southern’s lead and Elsight is at the heart of a growing and mission-critical ecosystem.

U.S. Government LIFT Act could see FAA use AI for BVLOS waivers as Reps nudge FAA on overdue ruling

In short, the LIFT Act and related U.S. policy shifts toward enabling BVLOS operations via AI, performance standards, and comprehensive rulemaking provide a fertile environment for Elsight’s UAV connectivity solutions to flourish. For ASX investors, this translates into heightened growth visibility, reduced regulatory risk, and a stronger narrative for Elsight as a globally competitive player in drone infrastructure.

Wedgetail Aerospace and the Pilbara Drone Operational Hub

The announcement from Wedgetail Aerospace highlights Elsight’s role as the UAV connectivity provider in a high-profile Australian Government–supported drone resupply trial in the Pilbara region. This project, part of the Emerging Aviation Technology Partnerships Program, not only demonstrates Elsight’s technology in real-world, long-range, and commercially significant conditions, but also places it alongside key industry partners and government stakeholders. Such visibility can strengthen market confidence in Elsight’s ability to secure further contracts in the defence, logistics, and mining sectors—potentially driving positive investor sentiment and supporting upward momentum in the company’s ASX share price.

4 Best ASX Defence Stocks for 2025: Built for Global Demand and Long-Term Growth

While not as hyped as tech or energy, defence stocks are powering into 2025 on the back of surging military budgets, intensifying global conflicts, and rapid advances in drone and autonomous warfare. With Australia no longer a passive player, local defence innovators are gaining traction with NATO allies and tech-savvy militaries alike.

Elsight is among the four ASX-listed defence standouts investors should watch closely, each with a unique edge in the evolving battlefield.

Pentagon to Launch “Amazon for Drones” Inspired by Ukraine’s Battlefield Tech Hub

The Pentagon’s "Amazon-for-drones" initiative propels the military drone ecosystem toward streamlined, digital, and modular procurement. For Elsight, this creates a clear path to being integrated into U.S. defense operations and by extension, growing investor confidence in its strategic relevance, market reach, and revenue potential.