Australia's Electro Optic Systems rises on $13 million drone order

Electro Optic Systems Holdings

17/11/2025 04:47

** Shares of Electro Optic Systems EOS.AX rise as much as 7.3% to A$5.13, logging strongest session since late-Octobe

** Defense tech co secures new order for its Slinger Counter-Drone Remote Weapon Systems (RWS) for A$20 million ($13.03 million) from a Western European NATO country

     ** Slinger Counter-Drone is Australian-made and counters modern drone threats, according to co's website

     ** Stock gains 294.98% YTD, including day's moves

($1 = 1.5344 Australian dollars)

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))