Electro Optic Systems Holdings Limited (AU:EOS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.