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Overwatch brings maritime intelligence orders to the ASX but leaves revenue conversion ahead

11:57am on Wednesday 14th of October, 2026 AEDT • Defence technology
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Overwatch brings maritime intelligence orders to the ASX but leaves revenue conversion ahead

11:57am on Wednesday 14th of October, 2026 AEDT
Key Points
  • A$8 million IPO at A$0.20 per share under proposed ASX code OWL
  • A$3.8 million of contracted orders from two government customers
  • A$1.88 million received but recorded as contract liabilities pending delivery
  • FY2026 loss of A$857,604 and operating cash outflow of A$744,277
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