Mentioned EOS briefly.
A clever OZ company that develops Electro Optic sensors.
2 arms to its business:
# Defence...Remote weapon systems ,unmanned remote turrets and autonomous military surveillance and combat systems.
This is currently its main source of income.....Sales circa $20m PA...but still cash flow negative.
# Space systems....Basically sensors to manage assets in space to avoid space collision with debris & other objects....This has big defence & commercial applications.
Seems to be in advanced stage to secure funding to commercialize its space program with several partners including Lokheed Martin..
Major barriers to entry.
A really unique global business......A leader.
Tightly held stock & trades in small volumes ,but technically sound....testing a 2 year high.
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Mentioned EOS briefly. A clever OZ company that develops Electro...
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