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ASX-listed Elsight’s communications system helps US company Airobotics win US FAA approval to fly drones in urban areas in major step forward for commercial drone industry
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One of the more interesting ASX defence tech makers is the Israeli-based Elsight (ASX:ELS). With the share price up and gunning for it on Thursday – ahead by 20% in morning trade and holding onto the gains – we though it’d be a fine time to look under the hood.
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Set to join Australia’s fastest growing provider of share registry services, Advanced Share Registry (ASX: ASW) has received an offer to be wholly acquired by Automic Group at a 32% premium on their last traded share price.
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The Aussie sharemarket has made it three losses straight to end a tough 5 sessions. The benchmark lost 0.3% on Friday to make it a walkback of well over 2.2% for the week.
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It’s not been the best of weeks for the ASX 200, after a string of less-than-excellent days left the benchmark down 2.2%.
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Shares of Elsight ELS rise as much as 23.7% to A$0.470, extending gains.
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Shares of Elsight ELS rise as much as 23.7% to A$0.470, extending gains.
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Local markets are down today, shedding about 1.0% throughout the morning on the heels of a less-than-stellar performance on Wall Street overnight.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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ASX 200 closes significantly lower Mining Sector sheds -3.2% after BHP goes ex-div Small caps led by huge LPM find
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Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, which made announcements today.
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Iron ore prices declined as a result of weak Chinese trade data and ongoing challenges in the steel industry.
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Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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I’m usually the first to kick the Australian sharemarket when its down, but the kind of losses the ASX200’s been handing out on Thursday – down 1.2% – are more of an ex-divvy story, than anything I should put my steel-tipped doc martins on for.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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US aviation authorities have paved the way for wider commercial drone use in urban areas, granting commercial drone company Airobotics, which uses a communication system made by ASX-listed Elsight, certification to fly its drones in US cities without requiring case-by-case approvals.
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Stockhead Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Follow Security tech provider Elsight (ASX:ELS) jumped 20 per cent on Thursday morning after announcing that the Halo-enabled Airobotics Optimus-1EX drone has been granted Type Certification by the US Federal Aviation Administration (FAA).
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Local markets are down today, shedding about 1.0% throughout the morning on the heels of a less-than-stellar performance on Wall Street overnight.
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Security tech provider Elsight (ASX:ELS) jumped 20% this morning after announcing that the Halo-enabled Airobotics Optimus-1EX drone has been granted Type Certification by the US Federal Aviation Administration (FAA).
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Security tech provider Elsight (ASX:ELS) jumped 20 per cent on Thursday morning after announcing that the Halo-enabled Airobotics Optimus-1EX drone has been granted Type Certification by the US Federal Aviation Administration (FAA). At 1pm (AEST) it was up almost 21 per cent for the day.
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