** Shares of Li-S Energy LIS.AX rise 8.7% to A$0.125, their highest levels since February 10
** The battery developer signs a collaboration agreement with Kea Aerospace to integrate its advanced lithium sulfur battery technology into Kea's high altitude uncrewed aerial vehicles (UAVs) targeting multi-month flight times
** About 489,100 shares change hands by 0222 GMT, 3.4 times the 30-day average volume of shares
** Stock down 14.8% this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))