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BSA locks in Eonetics drone technology deal
9:36am on Wednesday 21st of October, 2026 AEDT
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Infrastructure Services and Technology
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BSA locks in Eonetics drone technology deal
9:36am on Wednesday 21st of October, 2026 AEDT
Key Points
Binding agreement to acquire 100% of Eonetics
Consideration includes 50 million shares, 24.5 million options and 30 million performance shares
No capital raising proposed, with BSA reporting approximately $17 million cash at June 2026
Eonetics platform offers persistent aerial communications, sensing and lighting capabilities
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