Howard Andrew Digby

Good afternoon, good morning, and good evening to everyone joining from around the world. Thank you for taking the time to be here. My name is Howard Digby, Non-Executive Director of Elsight.

With us on the call are our Board and management, Ami Shafran, Chairman; Jim Landau; and David Furstenberg, Non-Executive Directors; our CFO, Dan; and our CEO, Yoav, who will present today.

Before we dive in, I'll direct your attention to the disclaimers on Slide 2. I won't read them in full, but I want to highlight the key points. This presentation is for information purposes only, and does not constitute financial product advice. We will discuss forward-looking statements today. These involve known and unknown risks that could cause actual results to differ.

A quick reminder on all our reporting, all figures discussed today are in U.S. dollars unless stated otherwise. And we operate on a calendar year basis. That makes it easy, we'll say 2025 or 2026 this year, last year.

Regarding logistics, we will have a dedicated Q&A session at the end. However, you are welcome to submit your questions at any time using the Q&A button at the bottom of your screen. We will address as many as possible during the session, and I may even group sort of like questions together.

So it is now my pleasure to hand over to our CEO, Yoav Amitai. And I have to say this is where -- this is a quarter where the results speak loudly, but the strategic progress may speak even louder between a fifth consecutive record quarter, Blue List approval landing in the same week as the largest U.S. drone budget in history was