EOS Secures $9m Defence Contract for Space Advancement
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EOS Secures $9m Defence Contract for Space Advancement

Electro Optic Systems Holdings Limited (AU:EOS) has released an update.

Electro Optic Systems Holdings Limited, an Australian company specializing in defence and space systems, has just secured a new $9m contract with the Australian Defence Force to enhance space capabilities, following a previous $5m contract. This development aligns with the company’s strategy to obtain third-party funding for its Space Technologies sector and is slated for completion in the second half of 2024 and 2025.

For further insights into AU:EOS stock, check out TipRanks’ Stock Analysis page.

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