Some further detail around the $5m contract in the Appendix 4C. Seems like it is developing some sort of laser or other type capability. Hopefully we see more investment in this area from Australian Government. Plus we have the Space Domain tender closing in June- hopefully something material comes to EOS on this.
As previously announced, and subsequent to quarter-end, EOS Space Technologies secured a $5m contract with the Australian Defence Force to further develop space capabilities, with the project expected to be delivered in 2024. This project is a significant strategic opportunity for EOS and was developed to be consistent with EOS stated strategy of securing third party funding for new capability development work in Space Technologies.
EOS Price at posting:
$1.60 Sentiment: None Disclosure: Held
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