Latest Defense Technology News

Electro Optic Systems (EOS) has landed a US$22 million deal to supply Remote Weapon Systems for a major U.S. Army combat vehicle, marking a significant milestone in its U.S. market expansion. This contract boosts EOS’s contract backlog to over A$400 million, setting the stage for robust revenue growth in the coming years.

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.

Voltaic Strategic Resources confirms two significant rare earth oxide and gallium mineral systems at its Paddys Well Project in Western Australia, revealing broad high-grade intercepts and strong exploration potential.

Electro Optic Systems (EOS) has acquired a UK-based interceptor drone business for A$10 million, adding a cutting-edge counter-drone capability to its portfolio. The move positions EOS as a leader in advanced drone defense technology with a commercial launch expected within two years.

Tungsten Mining NL’s latest scoping study for the Mt Mulgine Project in Western Australia reveals a robust critical minerals asset with strong financial metrics and a clear path to production by 2029.

Metallium Ltd has secured exclusive rights to apply its breakthrough Flash Joule Heating technology to the heavy rare earth-rich Harts Range Project, achieving an unprecedented 20-fold upgrade in rare earth concentration. This deal positions Metallium as a key player in Western critical minerals supply amid global geopolitical tensions.

DroneShield Limited has clarified the recent sharp decline in its share price, attributing the market movement to disclosed director share disposals rather than any undisclosed material information.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.

Lion Rock Minerals has pinpointed a unique monazite-enriched granite source rich in heavy rare earths at its Minta Est Project in Cameroon, triggering an infill drilling campaign to define this promising mineralisation.

DroneShield Limited has retracted its recent announcement of $7.6 million in new U.S. Government orders, clarifying these were reissued contracts rather than fresh deals. The company is addressing the administrative error to prevent future confusion.

Critica Limited has demonstrated a 63% recovery of gallium oxide as a valuable by-product from its vast Jupiter rare earth deposit in Western Australia, integrating seamlessly into its existing beneficiation flowsheet. This milestone enhances the project’s strategic value amid global supply chain tensions.

DroneShield has secured a $7.6 million contract for handheld counterdrone systems from the U.S. Government, marking another repeat order that underscores its expanding footprint and production scale-up.