

24 December 2024
EOS announces $34m of new orders including counter-drone rocket systems
Electro Optic Systems (ASX:EOS) has announced new orders worth approximately A$33.7 million, showcasing its continued growth and innovation in defence technology.
Key details:
Container Based Remote Weapon Systems (CBRWS)
An order has been received for a counter-drone Container Based Remote Weapon Systems (CBRWS) from a new Western European customer valued at EUR8.2 million (approximately A$13.6 million). The CBRWS will be integrated with a 70mm long-range counter-drone rocket system. These systems are expected to be delivered during 2025.
Remote Weapon System Spares
EOS Singapore has also received orders for remote weapon system spares worth SGD17.1 million (approximately A$20.1 million). These orders are expected to be delivered during 2025 and 2026.
These orders demonstrate the benefits of EOS’ strategic focus on diversifying its remote weapon system product range and customer base in recent years. EOS’ key focus in the coming months will continue to be the development of its order book.
Read the ASX announcement here.