Slide 1: Elsight Limited (ASX:ELS) - Unlocking the Future of Uncrewed Systems
Elsight Limited (ASX:ELS) Unlocking the Future of Uncrewed Systems Investors’ presentation, April 2026
Slide 2: Important Disclaimers and Notices
Important Disclaimers and Notices This disclaimer applies to this presentation and the information contained in it (Presentation). By reading this disclaimer you agree to be bound by it. The Presentation has been prepared by Elsight Limited and all related bodies corporate (Company). Not an offer or
Slide 3: Executive Summary
Executive Summary Strategic focus on the unmanned defence market, followed by expansion of sales through a “design-win” strategy › Proprietary, world-leading solutions provider enabling uncrewed systems to operate beyond visual line of sight (BVLOS), delivering connectivity, positioning, and real-ti
Slide 4: Investment Highlights
Investment Highlights High-margin sales pipeline with supporting structural tailwinds Proprietary world-leading solutions provider for Beyond Visual Line of Sight (BVLOS) unmanned systems Uniquely positioned to capitalise on growth in unmanned system usage, driven by a surge in global defence budget
Slide 5: Rapid Revenue Growth Quarter over Quarter
Rapid Revenue Growth Quarter over Quarter QoQ Revenue Growth (US$M) $14.0 $11.6 $12.0 $10.0 $9.3 $8.7 $8.0 $6.0 $3.8 $4.0 $2.0 $1.0 $0.0 1Q25 2Q25 3Q25 4Q25 1Q26 Quarterly Revenue Source › Unaudited numbers from the company accounts
Slide 6: Accelerating Commercialisation
Accelerating Commercialisation
Slide 7: A "Perfect Storm" in Defense & Unmanned Industries
2% 3% 4% 0% 1% 5% Albania Belgium Bulgaria Canada 2014 Croatia Czechia Denmark Estonia Finland 2024e France Germany Greece Hungary Italy Latvia Lithuania Luxembourg Montenegro Netherlands New Nato Target 5% North Macedonia Norway Poland Portugal Romania Slovak Republic Slovenia Spain Sweden Türkiye
Slide 8: Elsight Is the Backbone of Uncrewed Systems
Elsight Is the Backbone of Uncrewed Systems Uniquely positioned to lead a rapidly transforming defence and unmanned market
Slide 9: Moving from a single component provider to a unified portfolio
Moving from a single component provider to a unified portfolio enabling all technologies needed for uncrewed systems to perform their missions Positioning Connectivity Precision positioning & guidance Secure, resilient, multi-layered connectivity Connectivity Secure, resilient connectivity provider
Slide 10: Autonomous Technological Stack
Autonomous Technological Stack Our Long-Term Vision: Become Tier 1 of the Unmanned Ecosystem Mission OS HMI Mission HMI NGN DMS Swarm OS UX/UI Manual Flight Mission Mgmt Planning Mission OS ELSIGHT Platform OS Platform OS Navigation Video/Sensors Communication Autonomy Hardware Hardware Elsight’s Do
Slide 11: Elsight's Organization: Built for Evolving Markets
Elsight’s Organization: Built for Evolving Markets Established local footprints in key Disciplined Growth in people Long term strategy leveraging markets, including manufacturing strengths
Slide 12: Pipeline of Realisable Opportunities as of 31/03/2026
Pipeline of Realisable Opportunities as of 31/03/2026 Identified Opportunity › US$156M pipeline of opportunities built with limited investment in $156 m (Identified opportunity within ELS sales and marketing capability) › The majority of the revenue acceleration over the next 18–24 months to be defe
Slide 13: Halo Approved for U.S. DCMA Blue List
US$75B earmarked for drone & counter-drone in FY2027 | 4.5x over FY2026 | 300,000+ unmanned systems targeted by 2027 Halo Approved for U.S. DCMA Blue List Approved for Faster U.S. Military Procurement — at a Defining Moment What This Means ~US$1.5T FY2027 DoW Budget Request 42% increase over current
Slide 14: Commercialization Strategy
Commercialization Strategy Europe Expanding direct sales model to execute › NATO defence spending aiming to on high value defence opportunities enhance capabilities in unmanned systems, artificial intelligence, and counter-drone technologies, reflecting lessons learned from recent conflicts and evol
Slide 15: Business Model and Commercialization Strategy
Business Model and Commercialization Strategy High-margin, embedded solutions enabling connectivity, positioning, and real-time data systems for defence primes and OEMs customers developing uncrewed platforms Elsight is positioning Halo as a › One-time revenue from the initial sale of the Halo syste
Slide 16: Scalable, Capital-light Manufacturing Capacity
Scalable, Capital-light Manufacturing Capacity The smarts of the Elsight system are its proprietary algorithms and software technology Ultra-Simple Hardware – Universally Manufacturable Hardware intentionally designed for simplicity, allowing virtually any qualified electronics manufacturer to produ
Slide 17: The Era of Reliable Structured DATA to Leverage AI Algorithms
The Era of Reliable Structured DATA to Leverage AI Algorithms Elsight has a strategic data asset which can be leveraged by AI systems to drive additional products and revenue streams Elsight has captured over 500,000 hours of operational flight and drive hours across diverse, high-demand environment
Slide 18: New Business Unit - From Development to Proof of Concept
New Business Unit - From Development to Proof of Concept • Established a new business unit dedicated to developing a new product line that builds on the Company’s proven expertise in cellular connectivity, data integration, and real-time fusion technologies. During Q1 2026, the unit advanced from ea
Slide 19: Outlook & Catalysts Expected Upcoming Milestones
Outlook & Catalysts Expected Upcoming Milestones Elsight is well-positioned to benefit from the macro › Execution of US$156m pipeline of opportunities, trends and continue the rapid growth built on including; design-win momentum › Expansion of existing defence supply agreements › New defence custome
Slide 20: Appendix
Appendix
Slide 21: Competitive Landscape
Competitive Landscape Elsight is well-positioned with a full-suite product and capability offering for customers Example BVLOS of Solution Link resiliency Optimal SWaP Security Bandwidth Compatible Company RF None Partial Partial Partial None Satellite Partial None Partial None Partial Single Cellul
Slide 22: Design-win Strategy
Design-win Strategy Strategic Investment into growth customers to rapidly scale Elsight sales ➢ Elsight has positioned Halo as a core embedded communications solution in a wide range of high-growth drone platforms at early development stages ➢ Halo is deeply integrated through rigorous testing and v
Slide 23: Board & Senior Management
Board & Senior Management Executing on growth strategy and capital efficient operating model Major General (ret) Ami Shafran (Non- Yoav Amitai (CEO) Executive Chairman) ➢ 8 years with ELS (previously COO & CIO) ➢ Former Head of Israeli Defence Force Information and ➢ Extensive technical experience b
Slide 24: Key Risks
Key Risks This section comments on the risks associated with an investment in Elsight Ltd (Elsight) and in connection with the Placement and the associated transaction outlined in this presentation. Like any investment, there are risks associated with an investment in Elsight's shares. This section
Slide 25: Key Risks (continued)
Key Risks (continued) Elsight’s proprietary edge lies in its AI-driven multi-link bonding and communication technologies. The company’s ability to maintain its technological lead Intellectual Property & Competition and enforce IP protections is critical to its market position. If competitors success
Slide 26: Glossary
Glossary Term Definition Drone or UAS operations when the remote pilot (or visual observer) cannot maintain unaided visual contact with the aircraft. This raises BVLOS – Beyond Visual Line of Sight additional safety/regulatory requirements because you cannot “see” the drone the whole time. A propose
Slide 27: THANK YOU
THANK YOU www.elsight.com IR@elsight.com