In the midst of a debt dispute with a major lender, Australian security technology company Electro Optic Systems (ASX: EOS), which operates in the defence and space sectors, has announced a robust revenue projection for the calendar year 2023. The Company anticipates its revenue to range between $210 million and $230 million for CY23. This
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What do you do when you lose nearly $100 million in only six months? Re-evaluate everything. That’s exactly what defence, space and communications company Electro Optic Systems (ASX: EOS) is doing as it expresses disappointment in its first half result, losing $98.9 million in six months ending June 30, 2022. The loss is even more
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In an age where CEOs can take to space in questionably shaped spacecraft, the demand for fast, reliable communications (so we can be reminded of how much money each minute burns) is growing. Electro Optic Systems (ASX: EOS) subsidiary company SpaceLink does just that. The Company has been selected by the Centre for the Advancement
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Their share price may suggest it to be a poorly kept secret, but Electro Optic Systems (ASX: EOS) has today announced the launch of a space communications business, an area which the company has spent more than $250 million researching over the past ten years. Key to their decision to spin out the new business,
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