BUZZ-Australia's Li-S Energy hits nearly 11-month high on deal with defence firm

Reuters

2025/10/09

BUZZ-Australia's <a href="https://laohu8.com/S/LIS.AU">Li-S Energy</a> hits nearly 11-month high on deal with defence firm

** Li-S Energy LIS.AX jumps as much as 11.4% to A$0.195, highest since November 19, 2024; set for fifth straight session of gains

** Stock marks biggest intra-day pct gain since July 11

** Lithium-sulphur battery developer signs collaboration agreement with defence firm Praetorian Aeronautics

** Under deal, co's batteries will power Praetorian's autonomous unmanned aerial systems to advance Australia's sovereign defence capabilities

** About 1.7 mln shares traded, 6.6x the 30-day average

** YTD, LIS gains 40.7%

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))

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