STT Week Starting: 18 Aug, page-85

  1. 7,591 Posts.
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    Mentioned EOS briefly.
    A clever OZ company that develops Electro Optic sensors.
    2 arms to its business:
    # Defence...Remote weapon systems ,unmanned remote turrets and autonomous military surveillance and combat systems.
    This is currently its main source of income.....Sales circa $20m PA...but still cash flow negative.
    # Space systems....Basically sensors to manage assets in space to avoid space collision with debris & other objects....This has big defence & commercial applications.
    Seems to be in advanced stage to secure funding to commercialize its space program with several partners including Lokheed Martin..
    Major barriers to entry.
    A really unique global business......A leader.
    Tightly held stock & trades in small volumes ,but technically sound....testing a 2 year high.
 
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