ASX:EOSAerospace & Defense
Electro Optic Systems (ASX:EOS) Is Down 17.1% After A$40m Equity Raise And New Laser Export Contract
Electro Optic Systems Holdings Limited recently completed a follow-on equity offering of A$40,000,000, issuing 5,000,000 ordinary shares at A$8.00 each, at a A$0.12 discount per share via a subsequent direct listing.
Around the same time, the company’s first export contract for a 100kW laser weapon system, highlighted at Eurosatory 2026, underscored its role in emerging counter-drone and directed-energy defence solutions.
We’ll now examine how the new export contract for a 100kW laser weapon...