The above numbers only represents minimum contracted amounts....

The above numbers only represents minimum contracted amounts. EOS is competing for over $1.2 billion of contract awards
in each of 2020 and 2021. Tender activity for 2022 awards is already tracking beyond this level.

"In the past three years EOS has not participated in a substantial tender that was awarded to a competitor. This record is clearly not sustainable, but the EOS success rate over the long term in comparable circumstances is around 40%."

So assuming a 40% win rate for say min $2.4bn in tenders in 2020/2021 thats an additional pipeline of close to $1bn. And 2022 tender activity tracking at above these amounts. Already the company looking to expand global manufacturing capacity to $900m per annum. A potential tripling in earnings. And then higher margin mainentance contracts off the back of procurement.

And now Space Comms the potential for a game changing technological leap and Space generally being revenue accretive.

This kind of growth profile is hard to find...from a company with a strong track record of execution.