MCE matrix composites & engineering limited

Ghost Shark

  1. 88 Posts.
    lightbulb Created with Sketch. 7
    Some good progress on the underwater drone, Ghost Shark.
    They have partnered with a number of local partners to build this including Matrix.
    Appears that they can make these relatively quickly and cheaply compared to the US Manta Ray drone.

    Provided a few links below for those interested:

    Anduril - Ghost Shark Debuts in Australia
    Anduril Unveils Ghost Shark Unmanned Sub Prototype in Australia (thedefensepost.com)
    Defence industry: Ghost Shark robot sub circles Australian suppliers (copyright link)

    H
    opefully we can secure a long-term partnership here and generate non oil/gas revenue.

    Any thoughts on potential revenue per drone (probably not huge, but at scale could be worthwhile)??
    Last edited by edved86: 17/05/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $51.47M
Open High Low Value Volume
22.0¢ 23.0¢ 21.5¢ $69.77K 310.5K

Buyers (Bids)

No. Vol. Price($)
1 3147 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 77736 2
View Market Depth
Last trade - 16.10pm 09/09/2025 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.