Lockheed is spending up to $83 million to move to a 50/50 JV with EOS re this business unit. The JV is currently building a tracking station in WA to complement EOS’s existing site in Canberra. Other sites are also likely to be announce over calendar 2016. These telescopes cost around $20 mill each, hence Lockheed to get to a 50/50 JV needs to build an additional 3, in addition to the WA one they are funding.
The business model EOS/Lockheed are implementing is similar to the existing infrastructure model.
The characteristics include:
Once the tracking facilities are completed, it is estimated that revenue from satellite/insurance operators etc could be very large.
- The provision of an essential service; (as debris orbits change daily, they need to be tracked daily, hence there is an ongoing requirement for the data)
- Significant barriers to entry and a generally dominant market position; (Initial capex is around $150 million, yet access to the IP which only EOS controls, is the biggest hurdle for competition.)
- Long duration assets, with a life of 30+ years;
- Have high upfront costs, but low ongoing operational costs; (The tracking stations are largely automated, hence high margin)
- Long-term, stable cash flows, generally with low volatility compared to other asset classes; (EOS’s main clients will be Government agencies and the large multi national satellite operators and insurance agencies, all requiring ongoing data, via long term contracts.
This Business unit also has a "production and testing facility" for the design and manufacture of the observatory telescope systems being built.
- Forums
- ASX - By Stock
- EOS
- quick money
quick money, page-36
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EOS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.26 |
Change
-0.065(4.92%) |
Mkt cap ! $242.1M |
Open | High | Low | Value | Volume |
$1.32 | $1.34 | $1.26 | $770.3K | 599.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 18300 | $1.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.27 | 3366 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10171 | 1.255 |
8 | 44100 | 1.250 |
1 | 1560 | 1.245 |
2 | 8404 | 1.240 |
2 | 754 | 1.230 |
Price($) | Vol. | No. |
---|---|---|
1.275 | 4000 | 1 |
1.280 | 7474 | 1 |
1.305 | 25000 | 1 |
1.310 | 8000 | 1 |
1.315 | 6000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
EOS (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online