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20 November 2019
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An army unit probably wouldn't use a guided missile to try to kill a single enemy soldier. The missile may cost hundreds of thousands of dollars, so it would be in limited supply and reserved for much more important targets.
In this ASX announcement, Electro Optic Systems Holdings ("EOS" or the "Company" or the "Group) announces today that it expects revenue for 2023 to be between $210m and $230m. As we announce strong growth in our expected revenue for 2023, we recognise the extraordinary collaborative efforts that have brought us to this point.
Australia is one of just two countries with the capabilities to neutralise large numbers of satellites passing over its territory, said Dr Ben Greene, founder of defence company Electro Optic Systems, at the ADM Space Summit in Canberra on 28 November.