** Shares of Electro Optic Systems Holdings EOS.AX rise as much as 37% to A$4.04, their highest level since August 30, 2021
** Stock last up 27%
** Weapons technology firm secures an A$125 million ($80.86 million) order for a drone defence capability meant to address drone swarm attacks
** Order placed by a European NATO Member State, co says, without specifying the state's name
** EOS says the order is the world's first export order of a 100-kilowatt class laser defence system
** Around 4.1 million shares change hands, compared with the 30-day trading volume of about 2.3 million
** YTD, the stock has more than tripled in value
($1 = 1.5458 Australian dollars)
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.