Latest Defense Technology News

Bayan Mining and Minerals has secured membership in the U.S. Defense Industrial Base Consortium, opening doors to strategic partnerships and funding for its rare earth technologies, including a patented yttrium upgrade process. This move positions Bayan at the forefront of efforts to secure critical mineral supply chains vital to U.S. national security.

Locksley Resources has produced 99.5% pure antimony trioxide from its Desert Antimony Mine feedstock, marking a key step toward restoring a fully domestic U.S. supply chain for this critical mineral.

Harvest Technology Group reports improved first-half FY26 financials alongside strategic defense sector expansions, including new reseller agreements and NATO engagements.

Elsight Limited capped 2025 with record quarterly revenue and a substantial US$21.2 million contract, signalling robust growth and expanding global defence engagements heading into 2026.

DroneShield Limited has reported a stellar 277% revenue surge in FY2025, underpinned by a booming SaaS segment and a robust $2.09 billion sales pipeline. The company is scaling manufacturing and capitalising on new US legislation to expand its counter-drone technology footprint.

DroneShield Limited has triggered the vesting of over 9 million performance options following a significant $200 million cash receipts milestone, reflecting rapid growth and a new incentive framework.

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.

EOS has bolstered its counter-drone arsenal by acquiring a UK-based interceptor business and securing a landmark €71.4 million export contract for its 100kW high energy laser system with The Netherlands.

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.