Browsing Tag
NiDAR
6 posts
Electro Optic Systems (ASX: EOS) secures A$700m counter-drone contract with major conditions
Electro Optic Systems has signed its largest contract to date for a nationwide counter-drone defence network in the Middle East, creating a substantial commercial opportunity while leaving export approvals, guarantees and working capital as important conditions.
October 12, 2026
Electro Optic Systems (ASX: EOS) signs its biggest counter-drone deal, but what must happen before the cash arrives?
Electro Optic Systems has signed a conditional A$700 million contract to help protect Kuwait from drone threats, marking a major milestone for its MARSS acquisition. However, an outstanding ÂŁ74 million bank guarantee, export approvals, substantial working-capital requirements and contractual liability provisions will determine how quickly the agreement becomes revenue and cash flow.
October 11, 2026
Electro Optic Systems (ASX: EOS) lifts FY26 guidance as order book hits A$846m
Electro Optic Systems (ASX: EOS) raised FY26 guidance as its order book hit A$846m. See what MARSS, cash flow and delivery mean next.
July 27, 2026
Electro Optic Systems (ASX: EOS) share price surges on Slinger order
EOS has a US$124m order, but the bigger prize is a conditional UAE laser venture. Can backlog growth outrun dilution and execution risk?
June 22, 2026
BAE Systems selects MARSS NiDAR as ASX:EOS halts for two material defence contracts
BAE Systems’ selection of the MARSS NiDAR platform gives Electro Optic Systems a route into larger counter-drone programs, while two undisclosed material contracts could shape the next stage of its expansion.
June 18, 2026
Electro Optic Systems (ASX:EOS) rides drone defence demand, but valuation now faces a tougher test
EOS has orders, lasers and Europe ambitions. The harder question is whether defence demand can support a A$2 billion valuation.
June 12, 2026