Latest Defence Systems News

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Pure Resources has partnered with Oak Ridge National Laboratory to develop a rare earth extraction process from its Garnet Hills garnet, aiming to add critical minerals value alongside its industrial minerals business.
Maxwell Dee
Maxwell Dee
1 May 2026
Pure Resources has deepened its partnership with Rice University to develop carbon nanotube fibre thermal management technology aimed at AI and defence markets, leveraging its Garnet Hills graphite for a vertically integrated IP pipeline.
Victor Sage
Victor Sage
21 Apr 2026
Electro Optic Systems (ASX: EOS) wraps up a three-year turnaround, reporting a $459 million order backlog despite a 27% revenue drop. The company expands its counter-drone and space control portfolio with the acquisition of the UK-based Interceptor business and a pending deal for MARSS, a European command-and-control software provider.
Victor Sage
Victor Sage
17 Apr 2026
Marquee Resources has entered a 24-month patent license and option agreement with UT-Battelle LLC, granting access to advanced rare earth element separation technologies from Oak Ridge National Laboratory. This positions Marquee to explore downstream processing opportunities for its Redlings REE Project in Western Australia.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Electro Optic Systems Holdings Limited (ASX: EOS) has concluded its civil penalty proceedings with ASIC, agreeing to a $4 million penalty and costs. This resolution marks a significant step in addressing legacy issues and refocusing on strategic growth.
Victor Sage
Victor Sage
8 Apr 2026
G50 Corp Limited reports encouraging metallurgical test results from its Golconda Project in Arizona, demonstrating the ability to concentrate gallium using established, cost-effective processing techniques. The findings support the potential for a strategic domestic gallium supply integrated with precious metals production.
Maxwell Dee
Maxwell Dee
8 Apr 2026
Electro Optic Systems secures two significant US contracts worth US$12 million for advanced Remote Weapon Systems, while progressing a conditional US$80 million Korean High Energy Laser contract with potential manufacturing shifts.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Metallium Limited’s US subsidiary has inked a decade-long off-take agreement with Indium Corporation, setting a firm commercial foundation for supplying critical metals like gallium and germanium recovered through innovative recycling technology.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Pure Resources has launched a cutting-edge research collaboration with Rice University to develop carbon nanotube fibre thermal management systems, leveraging graphite from its Garnet Hills Project. The initiative is backed by a $3 million equity raise to fund exploration and downstream material innovation.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Pioneer Minerals has secured membership in the US Defense Industrial Base Consortium, positioning its Idaho-based North Pine tungsten project at the heart of critical mineral supply chain initiatives.
Maxwell Dee
Maxwell Dee
25 Mar 2026
Lynas Rare Earths has inked a binding Letter of Intent with the US Department of War to supply critical rare earth oxides over four years, backed by a US$96 million government allocation and a US$110/kg floor price for NdPr oxide.
Maxwell Dee
Maxwell Dee
16 Mar 2026
Electro Optic Systems has secured two major counter-drone contracts worth US$45 million, highlighting rising defence demand amid Middle East conflicts. The largest order involves the Slinger Remote Weapon System for a Middle Eastern customer, with deliveries planned for 2026.
Maxwell Dee
Maxwell Dee
13 Mar 2026