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EOS Advances Turnaround with Focus on Counter-Drone, Laser Weapons, and Space Control
4:40am on Monday 2nd of June, 2025 AEST
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Defense
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EOS Advances Turnaround with Focus on Counter-Drone, Laser Weapons, and Space Control
4:40am on Monday 2nd of June, 2025 AEST
Key Points
Divestment of non-core naval satcom business completed for $158 million
Zero borrowings and $128 million cash balance as of January 2025
Launch of next-gen R500 remote weapon system with AI capabilities
Over 190 EOS remote weapon systems deployed in Ukraine conflict
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Electro Optic Systems Holdings (ASX:EOS)
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