EOS electro optic systems holdings limited

Ann: EOS Establishes Space Communications Business, page-51

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    0 Electro Optic Systems Holdings Establishes Space Communications Business
    1 30/09/2019  9:09AM
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    3 Electro Optic Systems established a new business segment to be named EOS Communication Systems. This business segment will be the third discrete business element in the Company, joining EOS Defence Systems and EOS Space Systems. The launch of the new business was triggered by the Company completing several technology breakthroughs required for next-generation space communications. It has invested around $250m over 9 years, including around $50m of contributions from government partners in the USA and Australia, towards achieving this outcome. All of its investments in research and development towards the establishment of this business have been fully expensed. All of the intellectual property developed with the project funds belongs to the Company.
 
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$4.90
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