Elbit Systems Ltd. - Ordinary Shares (ESLT)

RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) --  Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

Elbit Systems Ltd. (NASDAQ: ESLT) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 3.6% on the day to $219.

Thursday, September 5, 2024

RYE, N.Y., July 30, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

RYE, N.Y., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York, NY on September 7th.  The conference will draw 16 companies, with a focus on the themes of the strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry.  Attendees will also have the opportunity to meet with management in a one-on-one setting.

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is reporting its second-quarter 2023 financial results. According to the report, the company ended the first half of 2023 with $55,000 in revenues and $17.8 million in cash, cash equivalent, restricted cash and short-term deposits. In addition, the company noted a U.S. generally accepted accounting principles (“GAAP”) net loss of $6.1 million and a non-GAAP net loss of $5.6 million for Q2; this compares to a Q2 2022 $10.1 million GAAP net loss and a $9.7 million non-GAAP net loss, a decrease of 40% and 42%, respectively. “At the end of the second quarter, we recorded a significant milestone with the signing of our exclusive commercialization agreement with Elbit Systems Land Ltd (NASDAQ: ESLT) ,” said Foresight Autonomous Holdings CEO Haim Siboni in the press release.

Thursday, September 7, 2023

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into an exclusive commercialization agreement with Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) , for the integration, marketing and licensing of Foresight’s image processing software solution. Over a contractual period of five years, Foresight expects revenues of up to $4 million with minimum guaranteed revenues of $1 million. The company expects that it will recognize initial revenues from its agreement with Elbit during the second half of 2023. “We are excited to strengthen our ongoing collaboration with Elbit and significantly advance our commercialization efforts,” said Haim Siboni, CEO of Foresight. “Elbit has chosen to exclusively offer our unique software-based vision solutions to customers in the defense and paramilitary sectors who are seeking 3D perception solutions for ADAS and autonomous vehicles. This agreement further reinforces Foresight’s position as a pioneering technology leader in advanced automotive vision systems, and we believe that it will help to strengthen our balance sheet and revenues in the coming years.”

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Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, and its will be on display at Eurosatory, the world’s leading land and airland defense and security exhibition. Foresight’s technology will be integrated with an unmanned robotic combat vehicle exhibited by Elbit Systems Ltd. (NASDAQ: ESLT) . The vehicle will be on display at the Elbit booth during the premier event, which is slated for June 13–17, 2022, at the Parc des Expositions de Paris-Nord Villepinte in France. According to the announcement, this is the first time that the Administration for Military Ground Vehicles of Israel’s Ministry of Defense has revealed a prototype of its new unmanned robotic combat vehicle. Visitors to Elbit’s booth will see for themselves how Foresight’s stereo-cameras solution enables powerful features, including obstacle detection, terrain analysis and navigation plans. The vehicle can perform autonomous and semi-autonomous tasks in an array of terrain and weather conditions, including some of the most challenging, such as zero-visibility sandstorms and off-road driving. Using both visible-light and thermal cameras, Foresight’s QuadSight passive, nonemitting solution is designed to create a high-resolution point cloud that provides a powerful 3D perception of the environment without leaving an energy signature that can be identified. Eurosatory anticipates having more than 100,000 participants from around the world explore the event expo space, which will feature 1,700 exhibitors from 63 countries located in 39 national pavilions.

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today that its QuadSight® stereo vision technology will be showcased in the Elbit Systems Ltd. (Nasdaq: ESLT) (“Elbit”) booth at the upcoming Eurosatory, the world's leading land and airland defense and security exhibition. The demonstrations will take place in stand D-567 of Hall 6 at the Parc des Expositions de Paris-Nord Villepinte in France, June 13-17, 2022.

KMC Systems, a leading engineering design and manufacturing company focused on the creation of complex medical instrumentation, and the medical division of Elbit Systems of America (“Elbit America”), today announced its opening of a new corporate innovation center located in Cambridge, Massachusetts.