Electro Optic Systems Holdings Limited (AU:EOS) has released an update.
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Electro Optic Systems Holdings Limited (EOS) has bolstered its revenue streams by securing $24 million worth of new contracts, with its subsidiary EM Solutions winning $19 million in orders for satellite communication terminals and radar modules. Additionally, EOS Space Technologies has landed a $5 million contract with the Australian Defence Force to enhance space capabilities, both promising to drive growth in 2024.
For further insights into AU:EOS stock, check out TipRanks’ Stock Analysis page.