middle.news

EOS Advances Turnaround with Focus on Counter-Drone, Laser Weapons, and Space Control

4:40am on Monday 2nd of June, 2025 AEST Defense
Read Story

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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Electro Optic Systems Holdings (ASX:EOS)
OPEN ARTICLE