https://www.********.au/2020/09/04/3-defence-asx-shares-set-for-explosive-growth/
3 defence ASX shares set for explosive growth
Daryl Mather | September 4, 2020 9:18am | More on: BRN DRO EOS
Electro Optic Systems Hldg Ltd (ASX: EOS)
Electro Optic develops sensor technology, which plays a very large role in situational awareness in space operations. Its share price has been steady over the past month, lowering by approximately 1%. Nonetheless, the company continues to push forward with its technological development, and is driving into new areas.
For example, Electro Optic is currently negotiating the sale of 115 remote-operated mobile mounted weapons, including battle tested anti-drone weapons, to the federal government. Furthermore, this ASX share recently announced that, after a multi year program of research, it was moving its “drone kill” technology into production. This is a directed energy weapon, designed to defend against sophisticated drone attacks.
EOS Charts, page-877
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Last
$1.40 |
Change
-0.025(1.76%) |
Mkt cap ! $269.1M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.47 | $1.36 | $1.317M | 944.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 4645 | 1 |
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