Big week ahead

If Hanwha wins the Land 400 order the direct contract size for EOS will be around 1 billion and around 1,5 billion in aftersales, for a 10 to 15 year time frame. It was my understanding that a win for Rheinmetall would also lead to remote weapon systems orders for EOS.

If EOS indeed wins a contract, I am counting on favorable payment conditions by the Australian government to support further EOS investments. EOS is the leader of the C4 EDGE collaboration and instrumental in building a sovereign Australian defense capability.

There is no discussion about the lethality of the EOS product.

From a geographical point of view why would Australia possibly choose the Germans? A country in the heart of Europa at the other side of the planet, when you have a potential agressor nearby and you need allies?

China is not condemning the Russian attack on Ukraine and Poetin and Xi Jinping met just before the Olympics. There is no evidence that Taiwan possesses any nuclear weapons.

On top of that, in the last weeks almost every western country has committed itself to substantially lift defense budgets and the space domain will play a crucial role in future conflicts.

The EOS share price is now a playing ground for short sellers and retail investors. This all could change after long term revenue visibility. I hope the current market cap will be proven ridiculous in the coming weeks.

Fingers crossed