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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 Defence
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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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about Electro Optic Systems (ASX:EOS)
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