Electro Optic Systems Contract Win 'a Defining Moment' -- Market Talk

Dow Jones

08/05

0058 GMT - Electro Optic Systems' latest order is a defining moment for the defense equipment maker and the commercialization of High Energy Laser technology on the battlefield, Ord Minnett says. EOS today said it has secured a A$125 million order to supply a 100-kilowatt High Energy Laser Weapon to a European NATO member state. The HELW aims to defend against drones and drone swam attacks. "The groundbreaking contract win not only improves EOS's credentials globally as a supplier of High Energy Laser technology but also raises our conviction in the company converting the A$1.3 billion-A$1.5 billion opportunity pipeline into contracted revenue," analyst John Lawlor says. EOS shares surge 30% to A$3.84 on the contract news, having touched a record-high A$4.04 earlier in the session. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

August 04, 2025 20:58 ET (00:58 GMT)

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EOS today said it has secured a A$125 million order to supply a 100-kilowatt High Energy Laser Weapon to a European NATO member state. The HELW aims to defend against drones and drone swam attacks. \"The groundbreaking contract win not only improves EOS's credentials globally as a supplier of High Energy Laser technology but also raises our conviction in the company converting the A$1.3 billion-A$1.5 billion opportunity pipeline into contracted revenue,\" analyst John Lawlor says. EOS shares surge 30% to A$3.84 on the contract news, having touched a record-high A$4.04 earlier in the session. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EOS.AU":"ELECTRO OPTIC SYSTEMS HOLDIN","BK7115":"航天航空与国防"},"translate_title":"电光系统合同赢得“决定性时刻”——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EOS.AU":0.9},"content_text":"0058 GMT - Electro Optic Systems' latest order is a defining moment for the defense equipment maker and the commercialization of High Energy Laser technology on the battlefield, Ord Minnett says. EOS today said it has secured a A$125 million order to supply a 100-kilowatt High Energy Laser Weapon to a European NATO member state. The HELW aims to defend against drones and drone swam attacks. \"The groundbreaking contract win not only improves EOS's credentials globally as a supplier of High Energy Laser technology but also raises our conviction in the company converting the A$1.3 billion-A$1.5 billion opportunity pipeline into contracted revenue,\" analyst John Lawlor says. 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