Latest Defence Systems News

Electro Optic Systems (ASX:EOS) has secured two significant defence contracts in the Middle East worth about A$38 million, marking a strategic expansion in its defence technology footprint.

Electro Optic Systems’ MARSS division has been tapped by BAE Systems to provide the AI-driven command and control platform for its new Anti Threat System, a major step in global counter-drone defence.

Nanoveu’s EMASS technology achieves real-time, always-on keyword spotting using bone-conduction vibration on the ECS-DoT edge AI chip at under 1 milliwatt power, eliminating the need for microphones and overcoming key challenges in wearable voice interfaces.

OD6 Metals has exercised its option to acquire the Quinn Fluorspar Project in Nevada after validating multiple high-grade fluorspar zones and historical data, positioning itself to tap into critical US mineral demand.

KTEK Aerosystems has restarted deliveries after Middle East conflict-related supply chain disruptions, shipping an initial A$500,000 order and aiming for 150 units per month within five months.

Ionic Rare Earths (ASX: IXR) has secured binding agreements to supply critical rare earth oxides to US-based Advanced Magnet Lab, supporting domestic production of permanent magnets for defence applications under a US Defense Logistics Agency contract.

Codan Limited is acquiring the intellectual property of US-based Adaptive Dynamics to enhance its electronic warfare and mission-critical communications capabilities, aiming to strengthen its position in next-generation defence programs.

Electro Optic Systems (ASX:EOS) has raised A$190 million through institutional and strategic placements at an 9.3% discount, alongside a planned A$25 million share purchase plan, to fund its MARSS acquisition and expand defence capabilities.

Electro Optic Systems (ASX:EOS) has closed its three-year turnaround and is now poised for growth, backed by a landmark high-energy laser contract, a major European acquisition, and a $175 million capital raise.

Electro Optic Systems (ASX:EOS) has launched a A$175 million capital raising to complete its MARSS acquisition and accelerate expansion in counter-drone and defence technologies, buoyed by a surge in Middle East orders.

Electro Optic Systems (ASX:EOS) has drawn down A$70m to fund the US$36m upfront payment for its MARSS acquisition, which now boasts a €140m earnout cap following a surge in Middle Eastern orders. The deal, pending completion, significantly expands EOS’s counter-drone footprint and order book.

Adisyn has appointed Tamir Zimber, a former Israeli Air Defence Colonel and current senior IAI executive, to its new Advisory Board, aiming to accelerate commercialisation of its graphene-based radar absorption technology.