Australia's Electro Optic Systems rises on $80 million deal

Electro Optic Systems Holdings

15/12/2025 24:22

** Shares of Electro Optic Systems EOS.AX rise as much as 19% to A$5.96, their biggest intraday pct rise since August 5

** Highest level since November 5

** Defense tech co enters into an agreement with a customer based in the Republic of Korea for $80 million

** Under agreement, co to manufacture and sell a 100kW high energy laser weapon

** Stock is up 336.3% YTD, including the session's moves

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))