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EOS Raises A$175m to Fund MARSS Acquisition and Boost Counter-Drone Growth
10:00am on Thursday 1st of January, 1970 AEST
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EOS Raises A$175m to Fund MARSS Acquisition and Boost Counter-Drone Growth
10:00am on Thursday 1st of January, 1970 AEST
Key Points
Fully underwritten A$150m placement and A$25m share purchase plan
MARSS order book grows to ~A$217m with new Middle East contracts
Combined EOS order book to reach A$726m post-acquisition
Capital raising proceeds to fund acquisition and growth initiatives
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Electro Optic Systems (ASX:EOS)
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