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EOS Secures $13.5m in New Orders, Boosts Cash to $103m After EM Solutions Sale
6:03am on Monday 2nd of June, 2025 AEST
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EOS Secures $13.5m in New Orders, Boosts Cash to $103m After EM Solutions Sale
6:03am on Monday 2nd of June, 2025 AEST
Key Points
Received US$5.3m (A$8.5m) order for VAMPIRE counter-drone gimbal system
Secured US$5.0m (A$7.9m) order for R150 Remote Weapon System integration
Completed divestment of EM Solutions, netting $158.6m and repaid all borrowings
Quarter-end cash balance surged to $103.1m from $52.3m in prior quarter
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