17 September 2024
20 September 2023
EOS at the Decoded Technology Conference 2023
Presented 8 September 2023 by Bell Potter
Clive Cuthell, Chief Financial Officer outlines EOS’ new strategy and market updates at Decoded 2023, hosted by Chris Savage, Analyst at Bell Potter
Topics covered:
- Ukraine conflict and increased geo-political tensions are resulting in higher defence spending. EOS’s unique strengths in tracking and accuracy provide leading edge technology in this arena.
- EOS is in a period of growth with improved cash flow and $400 million in new contracts. We’ve achieved this by widening our product range and the subsequent customer base.
- We launched two new products in 2023 – the Slinger counter-drone RWS and the lightweight R150.
EOS new strategy focuses on taking our world-leading products to new markets in Europe and the US and growing key product areas in remote weapon systems, high energy laser weapons, space tracking, and satellite communications technology to the defence industry.
Space warfare represents a significant growth market and EOS has market-leading tracking capabilities in space domain awareness, high energy laser weapons for disruption capabilities, and ground station construction. We are seeking product development funding partners to commercialise the IP and technology.